Term of Servicing Agreement. This Servicing Agreement shall be in full force and effect as of the Effective Date and continue unless terminated pursuant to Sections 5.02 or 5.03 hereof. With respect to the purchase of Mortgage Loans and Second Mortgage Loans under the Program and the pooling and sale of Mortgage Loans to the Issuer, the Custodian, or to the Trustee of MBS Certificates, the Servicing Agreement shall apply to Mortgage Loans and Second Mortgage Loans originated on or prior to September 30, 2022 and shall continue in effect so long as the terms of any Mortgage Loans or Second Mortgage Loans purchased pursuant to this Servicing Agreement continue or until terminated pursuant to the terms of this Servicing Agreement. The parties hereby acknowledge the intent to settle prior to March 31, 2023 all Mortgage Loans related to the 2022-2 bond issue including the 2022-2 Future Zeroes Series codes; this Servicing Agreement will not apply to Mortgage Loans and Second Mortgage Loans related to any Program or Bond occurring subsequent to the 2022-2 bond issue and related 2022-2 Future Zeroes series codes.
Term of Servicing Agreement. The term of this Servicing Agreement (the “Term”) shall commence as of the Effective Time and will terminate on the earlier of (i) October 31, 2011, or (ii) the date on which the data conversion process is complete, as evidenced by written notice from the Service Recipient acknowledged by the Service Provider. The Service Recipient shall have the right, at its option, to extend the Term for an additional period not to exceed 60 days, by giving written notice of such election to the Service Provider no later than October 15, 2011.
Term of Servicing Agreement. The term of TCSI's obligation to service the credit card accounts pursuant to this Agreement shall expire on the earlier to occur of (x) the second anniversary of the Closing Date and (y) the Repurchase Date. At any time after default by TCSI under this Agreement, Investor may terminate this Servicing Agreement upon ninety (90) days written notice, provided, however, that Investor shall have the right to terminate this Servicing Agreement effective immediately upon written notice in the event of a failure by TCSI to turn over the proceeds of Collections to Investor in accordance with this Agreement, or any other act of fraud or conversion by TCSI.
Term of Servicing Agreement. The term of TCSI's obligation to service the credit card accounts pursuant to this Agreement shall expire on the earlier to occur of (x) the second anniversary of the Closing Date and (y) the Repurchase Date. At any time, he Bank may terminate this Servicing Agreement upon ninety (90) days written notice.
Term of Servicing Agreement. This Agreement shall be in full force and effect as of the Effective Date and shall continue in effect so long as the terms of any Mortgage Loans pursuant to this Agreement shall continue, or until terminated pursuant to the terms of this Agreement. The terms under which the Servicer will acquire Mortgage Loans and sell MBS Certificates shall continue until April 20, 2020, and shall be renewed for successive one (1) year terms, unless either party terminates this Agreement as of the end of any term by sending ninety (90) days’ prior written notice of such termination to the other party.
