Common use of Subservicing Protocol Clause in Contracts

Subservicing Protocol. In consideration of the releases contained herein, JPMorgan shall also implement the Subservicing Protocol attached as Exhibit B within sixty (60) days of the Trustees’ Acceptance Date; provided, however, if a Trustee’s acceptance is subject to Final Court Approval and Final Court Approval does not occur, JPMorgan may discontinue compliance with such Subservicing Protocol. In the event of any inconsistency, the implementation date in the Subservicing Protocol shall control.

Appears in 5 contracts

Samples: RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement

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Subservicing Protocol. In consideration of the releases contained herein, JPMorgan shall also implement the Subservicing Protocol attached as Exhibit B within sixty (60) days of the Trustees’ Acceptance Date; provided, however, if a Trustee’s acceptance is subject to Final Court Approval Trustee requests a Judicial Instruction Extension and Final Court Approval does not occur, JPMorgan may discontinue compliance with such Subservicing Protocol. In the event of any inconsistency, the implementation date in the Subservicing Protocol shall control.

Appears in 1 contract

Samples: RMBS Trust Settlement Agreement

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