Common use of Termination by Seller/Servicer Clause in Contracts

Termination by Seller/Servicer. Seller/Servicer may terminate this Agreement only upon sufficient notice of not less than 30 days to enable Xxxxxxx Mac to approve the requested transferee document custodian and for Xxxxxxx Mac and Seller/Servicer to enter into a Tri-Party Agreement with the new document custodian; such activities and the Transfer of Custody to be conducted as set forth in Guide Section 2202.3.

Termination by Seller/Servicer. Seller/Servicer may terminate this Agreement only upon sufficient notice of not less than 30 days to enable Xxxxxxx Freddie Mac to approve the requested transferee document custodian and for Xxxxxxx Freddie Mac and Seller/Servicer to enter into a Tri-Party Agreement with the new document custodian; such activities and the Transfer of Custody to be conducted as set forth in Guide Section 2202.3.

Termination by Seller/Servicer. Seller/Servicer may terminate this Agreement only upon sufficient notice of not less than 30 days to enable Xxxxxxx Freddie Mac to approve the requested transferee document custodian and for Xxxxxxx Freddie Mac and Seller/Servicer to enter into a Tri-Party new Document Custodial Agreement on Form 1035 with the new document custodian; such activities and the Transfer transfer of Custody custody of the Notes to be conducted as set forth in Guide Section 2202.318.7(b).