Example ContractsClausesServicer’s Performance
Servicer’s Performance
Servicer’s Performance contract clause examples

Servicers Performance. The Servicer has the knowledge, the experience and the systems, financial and operational capacity available to timely perform each of its obligations hereunder.

MERS Fee: Servicers cost.

Flood Zone Service Contract: Servicers cost.

Linked Accounts. Except for the Servicers Account, the Servicer shall not permit any Linked Account to exist with respect to any Collection Account; provided, however, that if so instructed by the Administrative Agent (in its sole discretion) at any time if an Event of Termination has occurred and is continuing, the Servicer shall cause the Servicers Account to cease being a Linked Account promptly, but not later than two (2) Business Days following the Sellers or any Servicers receipt of such instruction. The Servicer shall at all times ensure that # the account balance in the Servicers Account is greater than zero and will exceed the aggregate Settlement Item Amount of all Settlement Items at any time outstanding with respect to the Servicers Account and # no amount will be debited against any Collection Account as a result of any Settlement Item that originated in the Servicers Account or any account other than any Collection Account.

SECTION # Applicable Servicer Not to Resign. An Applicable Servicer shall not resign from the obligations and duties hereby imposed on it except # upon such Applicable Servicers determination that # the performance of its duties hereunder is or becomes impermissible under Applicable Law and

Servicers Performance. The Servicer has the knowledge, the experience and the systems, financial and operational capacity available to timely perform each of its obligations hereunder.

Servicers Performance. The Servicer has the knowledge, the experience and the systems, financial and operational capacity available to timely perform each of its obligations hereunder.

MERS Fee: Servicers cost.

Servicer and Servicers Records 7879

MERS Fee: Servicers cost.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.