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 Freddie Mac to approve the requested transferee document custodian and for 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.

Appears in 3 contracts

Samples: Document Custodial Agreement, Document Custodial Agreement, Document Custodial Agreement

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Termination by Seller/Servicer. Seller/Servicer may terminate this Agreement only upon sufficient notice of not less than 30 days to enable Freddie Xxxxxxx Mac to approve the requested transferee document custodian and for Freddie 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.

Appears in 3 contracts

Samples: Document Custodial Agreement, Document Custodial Agreement, Document Custodial Agreement

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