Common use of Tax and Flood Contracts Clause in Contracts

Tax and Flood Contracts. The Seller shall cooperate with the Purchaser to assign and transfer to the Purchaser, at the Seller’s expense, within a reasonable period of time following the Closing Date, and in no event more than sixty (60) days after the Closing Date, (i) any “life-of-loan” assignable tax contracts with respect to the Mortgage Loans, and (ii) any assignable flood zone certification contracts with respect to the Mortgage Loans.

Appears in 4 contracts

Samples: Servicing Business Asset Purchase Agreement, Servicing Business Asset Purchase Agreement, Servicing Business Asset Purchase Agreement

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