Common use of No Subservicing Clause in Contracts

No Subservicing. Borrower shall not permit any of the Assets to be subject to any servicing contract or subservicing arrangement, other than as permitted by a Servicing Contract and subject to the prior written consent of Administrative Agent.

Appears in 7 contracts

Sources: Credit Agreement (Home Point Capital Inc.), Credit Agreement (Home Point Capital Inc.), Credit Agreement (Home Point Capital Inc.)

No Subservicing. Borrower shall not permit any of the Assets to be subject to any servicing contract or subservicing arrangement, other than as permitted by a Servicing Contract and subject to the prior written consent of Administrative Agent, other than an unilateral determination by an Agency pursuant to the ▇▇▇▇▇▇▇ Mac Servicing Contract or the ▇▇▇▇▇▇ Mae Lender Contract, as applicable.

Appears in 1 contract

Sources: Credit Agreement (Caliber Home Loans, Inc.)