Common use of Termination by Servicer Clause in Contracts

Termination by Servicer. Ocwen may be terminated as subservicer with respect to a Subject Servicing Agreement: (a) Upon Servicer’s written notice to Ocwen following a Termination Event; or (b) At such time, following the related Servicing Transfer Date, that Servicer is no longer the servicer with respect to such Subject Servicing Agreement.

Appears in 6 contracts

Samples: Master Subservicing Agreement, Master Subservicing Agreement (Ocwen Financial Corp), Master Subservicing Agreement (Home Loan Servicing Solutions, Ltd.)

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