Examples of Xxxxxx Mae Contract in a sentence
Notwithstanding anything to the contrary herein or any of the other Program Agreements, Xxxxxx Xxx has the absolute and unconditional right to modify the Xxxxxx Mae Contract at any time.
Notwithstanding anything to the contrary herein or any of the other Program Agreements, it is understood by the parties that Xxxxxx Xxx has the absolute and unconditional right to modify the Xxxxxx Mae Contract at any time.
Executive further agrees that all Work Product developed by Executive (whether or not able to be protected by copyright, patent or trademark) during the course of his employment with the Companies, or involving the use of the time, materials or other resources of the Affinion Group, shall be promptly disclosed to the Affinion Group and shall become the exclusive property of the Affinion Group, and Executive shall execute and deliver any and all documents necessary or appropriate to implement the foregoing.
PLS in all its capacities as an MBS issuer under Xxxxxx Mae’s MBS program and as the servicer under the Xxxxxx Mae Contract in servicing the related Mortgage Loans, and any successor named servicer appointed under the Xxxxxx Xxx Contract.
With respect to each Mortgage Loan, PLS has remitted to Xxxxxx Xxx and applicable investors in the securities representing interests in the Mortgage Loans and all other applicable Persons (i) all principal and interest payments received to which an investor or such other Person is entitled under the Xxxxxx Mae Contract, including without limitation any guaranty fees, and (ii) all advances of principal and interest required by such Xxxxxx Xxx Contract.
With respect to each Mortgage Loan, loanDepot has remitted to Xxxxxx Xxx and applicable investors in the securities representing interests in the Mortgage Loans and all other applicable Persons (i) all principal and interest payments received to which an investor or such other Person is entitled under the Xxxxxx Mae Contract, including any guaranty fees, and (ii) all advances of principal and interest required by such Xxxxxx Xxx Contract.
In accordance with the Xxxxxx Mae Contract, loanDepot has prepared and submitted all reports in connection with such payments required by the Xxxxxx Xxx Contract.
The occurrence of any events or conditions, and the passage of any cure periods and giving to and receipt by the Servicer of any required notices, as a result of which any Person has the current right to terminate the Servicer as servicer or issuer, as applicable, under the Xxxxxx Mae Contract.
Any amounts that shall be remitted to the Issuer shall be remitted directly to the Collection and Funding Account (but only to the extent that such funds are payable to Seller free and clear of Xxxxxx Mae’s rights or other restrictions on transfer set forth in such Xxxxxx Mae Contract).
In accordance with the Xxxxxx Mae Contract, PLS has prepared and submitted all reports in connection with such payments required by the Xxxxxx Xxx Contract.