Common use of Subservicer Clause in Contracts

Subservicer. Prior to the MSR Transfer Date with respect to each Designated Servicing Agreement, OLS or any successor named servicer thereto, shall be the Subservicer for all Designated Servicing Agreements for all purposes under this Indenture. On the related MSR Transfer Date with respect to each Designated Servicing Agreement, OLS in its capacity as the Subservicer for such Designated Servicing Agreements under the OLS Subservicing Agreement, and any other subservicer as may be appointed from time for some or all of the Designated Servicing Agreements pursuant to an Eligible Subservicing Agreement.

Subservicer. Prior to On the MSR Transfer Date with respect to each Designated Servicing Agreement, OLS or any successor named servicer thereto, shall be the Subservicer for all Designated Servicing Agreements for all purposes under this Indenture. On the related MSR Transfer Date with respect to each Designated Servicing AgreementDate, OLS in its capacity as the Subservicer for such all the Designated Servicing Agreements under the OLS Subservicing Agreement, and any other subservicer as may be appointed from time for some or all of the Designated Servicing Agreements pursuant to an Eligible Subservicing Agreement. Prior to the MSR Transfer Date, OLS or any successor named servicer thereto, shall be the Subservicer for all Designated Servicing Agreements for all purposes under this Indenture.