Common use of Commencement of Servicing Responsibilities Clause in Contracts

Commencement of Servicing Responsibilities. On the Closing Date, the Servicer shall assume all servicing responsibilities hereunder with respect to the Mortgage Loans.

Appears in 2 contracts

Sources: Servicing Agreement (Main Place Funding LLC), Servicing Agreement (Main Place Funding LLC)

Commencement of Servicing Responsibilities. On the Closing Date, the Servicer shall assume all servicing responsibilities hereunder with respect to the Mortgage LoansNotes.

Appears in 1 contract

Sources: Servicing Agreement (Main Place Real Estate Investment Trust /Md/)