Common use of Interim Servicing Clause in Contracts

Interim Servicing. For Mortgages or portfolios of Mortgages identified by Freddie Mac as serviced by Seller/Servicer under contract as Interim Servicer, Designated Custodian and Seller/Servicer will comply with the terms of this Agreement, provided that, Designated Custodian will bill Freddie Mac for the Services hereunder as set forth in Section 7(b).

Appears in 2 contracts

Sources: Designated Custodial Agreement, Designated Custodial Agreement

Interim Servicing. For Mortgages or portfolios of Mortgages identified by Freddie ▇▇▇▇▇▇▇ Mac as serviced by Seller/Servicer under contract as Interim Servicer, Designated Custodian and Seller/Servicer will comply with the terms of this Agreement, provided that, Designated Custodian will bill Freddie ▇▇▇▇ ▇▇▇▇▇▇▇ Mac for the Services hereunder as set forth in Section 7(b).

Appears in 1 contract

Sources: Designated Custodial Agreement