Common use of Transfers of Servicing Clause in Contracts

Transfers of Servicing. (a) The Parties hereby agree that any voluntary or involuntary transfers of Subject Servicing (i) between a PFI of an MPF Bank to a PFI of a different MPF Bank, (ii) from any Person acting as a receiver, trustee or conservator (or similar function) of a PFI of an MPF Bank to a PFI of a different MPF Bank, or (iii) from an MPF Bank to a PFI of a different MPF Bank, shall all be generally in accordance with this Agreement and specifically in accordance with this ARTICLE VI and the related provisions of the FHLB Guide.

Appears in 4 contracts

Samples: Interbank Agreement (Federal Home Loan Bank of Boston), MPF Consolidated Interbank Agreement (Federal Home Loan Bank of Chicago), Consolidated Interbank Agreement (Federal Home Loan Bank of Pittsburgh)

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