Attorney Selection Clause Samples

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Attorney Selection. While any portion of the Purchase Price is outstanding, the Investor shall retain Activist Legal LLP, a law firm affiliated with preREO, to manage Legal Actions, in accordance with the standard terms and conditions of Activist Legal LLP (“Activist”) or America’s Trustee Services (“ATS”) for any non-judicial foreclosure action. The Investor may replace Activist or ATS with another law firm designated by the Investor provided that (i) the replacement law firm is experienced in defaulted mortgage loans, (ii) the replacement law firm is licensed in the relevant jurisdiction(s), (iii) the replacement law firm can manage foreclosure activity through Black Knight Servicing Technologies, LLC’s LoanSphere Default Technology products, (iv) Activist or ATS is paid in full for services performed prior to being replaced, (v) the replacement law firm is reasonably satisfactory to the Owner and Servicer, and (vi) the Investor increases the Down Payment to 50% of the Purchase Price. Initial here: to confirm you agree to the foregoing provision.
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Attorney Selection. While any portion of the Purchase Price is outstanding, the Investor shall retain Activist Legal LLP, a law firm affiliated with preREO, to manage Legal Actions, in accordance with the standard terms and conditions of Activist Legal LLP. The Investor may replace Activist Legal LLP with another law firm designated by the Investor provided that (i) the replacement law firm is experienced in defaulted mortgage loans, (ii) the replacement law firm is licensed in the relevant jurisdiction(s), (iii) the replacement law firm can manage foreclosure activity through Black Knight Servicing Technologies, LLC’s LoanSphere Default Technology products, (iv) Activist Legal LLP is paid in full for services performed prior to being replaced, (v) the replacement law firm is reasonably satisfactory to the Owner and Servicer, and (vi) the Investor pays the Owner an amount equal to 25% of the Purchase Price, in addition to the Down Payment. Initial here: to confirm you agree to the foregoing provision.
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Attorney Selection. While any portion of the Purchase Price is outstanding, the Investor shall retain Activist Legal LLP, a law firm affiliated with preREO, to manage Legal Actions, in accordance with the standard terms and conditions of Activist Legal LLP (“Activist”) or America’s Trustee Services (“ATS”) for any non-judicial foreclosure action. The Investor may replace Activist or ATS with another law firm designated by the Investor provided that (i) the replacement law firm is experienced in defaulted mortgage loans, (ii) the replacement law firm is licensed in the relevant jurisdiction(s), (iii) the replacement law firm can manage foreclosure activity through Black Knight Servicing Technologies, LLC’s LoanSphere Default Technology products, (iv) Activist or ATS is paid in full for services performed prior to being replaced, (v) the replacement law firm is reasonably satisfactory to the Owner and Servicer, and (vi) the Investor pays the Owner an amount equal to 25% of the Purchase Price, in addition to the Down Payment.
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Attorney Selection. Investor agrees to retain Activist Legal LLP to manage the foreclosure or equivalent proceeding, receivership, eviction and/or any related legal actions, such actions to be carried out in the name of the Owner. Investor shall be responsible for and manage Activist Legal LLP’s provision of legal services as it relates to the Loan(s).
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Related to Attorney Selection

  • Attorney Review The Purchaser acknowledges that Purchaser has had the opportunity to consult with its legal counsel regarding the Agreement and that accordingly the terms of the Agreement are not to be construed against any party because that party drafted the Agreement or construed in favor of any Party because that Party failed to understand the legal effect of the provisions of the Agreement.

  • Attorneys-in-Fact Each of the Companies hereby authorizes and empowers the Administrative Agent, at its election and in the name of either itself, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, or in the name of each such Company as is owed Intercompany Indebtedness, to execute and file proofs and documents and take any other action the Administrative Agent may deem advisable to completely protect the Administrative Agent’s and the Lenders’ interests in the Intercompany Indebtedness and their right of enforcement thereof, and to that end each of the Companies hereby irrevocably makes, constitutes and appoints the Administrative Agent, its officers, employees and agents, or any of them, with full power of substitution, as the true and lawful attorney-in-fact and agent of such Company, and with full power for such Company, and in the name, place and stead of such Company for the purpose of carrying out the provisions of this Agreement, and taking any action and executing, delivering, filing and recording any instruments that the Administrative Agent may deem necessary or advisable to accomplish the purposes hereof, which power of attorney, being given for security, is coupled with an interest and is irrevocable. Each Company hereby ratifies and confirms, and agrees to ratify and confirm, all action taken by the Administrative Agent, its officers, employees or agents pursuant to the foregoing power of attorney.

  • Attorney Authorization Class Counsel and Defense Counsel separately warrant and represent that they are authorized by Plaintiff and Defendant, respectively, to take all appropriate action required or permitted to be taken by such Parties pursuant to this Agreement to effectuate its terms, and to execute any other documents reasonably required to effectuate the terms of this Agreement including any amendments to this Agreement.

  • Applicable Law; Attorney Fees All claims and disputes, including those adjudicated in arbitration or in court, will be governed by the internal laws of the State of Texas with respect to contracts made or events occurring therein. Unless prohibited by applicable law, the substantially prevailing party in any dispute between the parties (including in arbitration) may recover their reasonable costs and fees incurred in connection with such matter, including reasonable attorneys’ fees.

  • Attorneys Each of the attorneys executing this agreement states that the attorney has no notice of the revocation of the power of attorney appointing that attorney.