Common use of Use of Subservicers Clause in Contracts

Use of Subservicers. Borrower shall not use a subservicer, other than the Subservicer, with respect to any Mortgage Loan without Lender's prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Loan and Security Agreement (PennyMac Mortgage Investment Trust)

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Use of Subservicers. Borrower shall not use a subservicer, other than the Subservicer, subservicer with respect to any Mortgage Loan without Lender's prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Loan and Security Agreement (Pennymac Financial Services, Inc.)

Use of Subservicers. Borrower Borrowers shall not use a subservicer, other than the Subservicer, with respect to any Mortgage Loan without Lender's prior written consent, which consent shall not be unreasonably withheld, provided that, the Lender will be deemed to consent if an Agency has mandated the use of another subservicer, so long as such mandate does not relate termination of the subservicer.

Appears in 1 contract

Samples: Loan and Security Agreement (PennyMac Mortgage Investment Trust)

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Use of Subservicers. Borrower Borrowers shall not use a subservicer, other than the Subservicer, with respect to any Mortgage Loan without Lender's prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Loan and Security Agreement (PennyMac Mortgage Investment Trust)

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