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Common use of Servicing Clause in Contracts

Servicing. The servicing and collection of each Mortgage Loan complied with all applicable laws and regulations and was in all material respects legal, proper and in accordance with customary commercial mortgage servicing practices.

Appears in 396 contracts

Sources: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Mortgage Loan Purchase Agreement, Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2016-Nxs6)

Related Clauses

  • Subservicing
  • Servicing Programs
  • Trunk Servicing
  • Subservicer
  • Servicing Rights

Parent Clauses

  • Entire Agreement
  • Puts of Assets to the Receiver
  • Limitation on the Exercise of Certain Rights Related to Affiliate Insolvency Proceedings
  • Representations and Warranties
  • Miscellaneous

Sub-Clauses

  • Servicing
  • Permitted Withdrawals From Custodial Account
  • Establishment of and Deposits to Escrow Account
  • Permitted Withdrawals From Escrow Account
  • Inspections
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