Common use of Litigation Considerations Clause in Contracts

Litigation Considerations. Where, in the Servicer's judgment, the issue of enforceability is reasonably expected to be litigated, the Servicer shall obtain the written consent of the Master Servicer before enforcing any Due-on-Sale Clause.

Appears in 24 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust), Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-2 Trust)

Litigation Considerations. Where, in the Servicer's ’s judgment, the issue of enforceability is reasonably expected to be litigated, the Servicer shall obtain the written consent of the Master Servicer before enforcing any Due-on-Sale Clause.

Appears in 1 contract

Sources: Servicing Agreement (Wells Fargo Asset Securities Corp)