Common use of Termination of the Clause in Contracts

Termination of the. Servicer in respect of a sale of Guarantor Purchased Loans (a) Notwithstanding the terms of the Servicing Agreement (including Section 17.3 of the Servicing Agreement) or any other servicing agreement entered into with any Replacement Servicer, the servicing of any Related Loans shall not be terminated by the Guarantor or any purchaser in connection with any sale of Guarantor Purchased Loans forming part of such Related Loans unless the purchaser of such Guarantor Purchased Loans meets the requirements of a Replacement Servicer under Section 3.3 and enters into an agreement to service the Seller Retained Loans forming part of such Related Loans in accordance with the requirements of Section 3.3 or, where such purchaser will not be the servicer of such Loans, such purchaser enters into a servicing agreement to provide for the servicing of the Related Loans, including the Seller Retained Loans forming part of such Related Loans, in accordance with the requirements of Section 3.3 with a servicer that meets the requirements of a Replacement Servicer under Section 3.3. (b) The person servicing Related Loans pursuant to any agreement entered into pursuant to Section 3.4(a) will be deemed to be a Replacement Servicer for purposes of this Agreement.

Termination of the. Servicer in respect of a sale of Guarantor Purchased Loans (a) Notwithstanding the terms of the Servicing Agreement (including Section 17.3 of the Servicing Agreement) or any other servicing agreement entered into with any Replacement Servicer, the servicing of any Related Loans shall not be terminated by the Guarantor or any purchaser in connection with any sale of Guarantor Purchased Loans forming part of such Related Loans unless the purchaser of such Guarantor Purchased Loans meets the requirements of a Replacement Servicer under Section 3.3 and enters into an agreement to service the Seller Retained Loans or Originator Retained Loans forming part of such Related Loans in accordance with the requirements of Section 3.3 or, where such purchaser will not be the servicer of such Loans, such purchaser enters into a servicing agreement to provide for the servicing of the Related Loans, including the Seller Retained Loans or Originator Retained Loans forming part of such Related Loans, in accordance with the requirements of Section 3.3 with a servicer that meets the requirements of a Replacement Servicer under Section 3.3. (b) The person servicing Related Loans pursuant to any agreement entered into pursuant to Section 3.4(a) will be deemed to be a Replacement Servicer for purposes of this Agreement.

Termination of the. Servicer in respect of a sale of Guarantor Purchased Loans (a) Notwithstanding the terms of the Servicing Agreement (including Section 17.3 of the Servicing Agreement) or any other servicing agreement entered into with any Replacement Servicer, the servicing of any Related Loans shall not be terminated by the Guarantor or any purchaser in connection with any sale of Guarantor Purchased Loans forming part of such Related Loans unless the purchaser of such Guarantor Purchased Loans meets the requirements of a Replacement Servicer under Section 3.3 and enters into an agreement to service the Seller Originator Retained Loans forming part of such Related Loans in accordance with the requirements of Section 3.3 or, where such purchaser will not be the servicer of such Loans, such purchaser enters into a servicing agreement to provide for the servicing of the Related Loans, including the Seller Originator Retained Loans forming part of such Related Loans, in accordance with the requirements of Section 3.3 with a servicer that meets the requirements of a Replacement Servicer under Section 3.3. (b) The person servicing Related Loans pursuant to any agreement entered into pursuant to Section 3.4(a) will be deemed to be a Replacement Servicer for purposes of this Agreement.

Termination of the. Servicer in respect of a sale of Guarantor Purchased Loans (a) Notwithstanding the terms of the Servicing Agreement (including Section 17.3 of the Servicing Agreement) or any other servicing agreement entered into with any Replacement Servicer, the servicing of any Related Loans shall not be terminated by the Guarantor or any purchaser in connection with any sale of Guarantor Purchased Loans forming part of such Related Loans unless the purchaser of such Guarantor Purchased Loans meets the requirements of a Replacement Servicer under Section 3.3 and enters into an agreement to service the Seller Retained Loans forming part of such Related Loans in accordance with the requirements of Section 3.3 or, where such purchaser will not be the servicer of such Loans, such purchaser enters into a servicing agreement to provide for the servicing of the Related Loans, including the Seller Retained Loans forming part of such Related Related‌ Loans, in accordance with the requirements of Section 3.3 with a servicer that meets the requirements of a Replacement Servicer under Section 3.3. (b) The person servicing Related Loans pursuant to any agreement entered into pursuant to Section 3.4(a) will be deemed to be a Replacement Servicer for purposes of this Agreement.