Common use of Agency Suspension Clause in Contracts

Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ and ▇▇▇▇▇▇▇ Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac, then the Purchaser may immediately terminate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.

Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ Fannie Mae and ▇▇▇▇▇▇▇ Freddie Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for ▇▇▇▇▇c▇▇ Mae or of co▇▇▇▇▇▇▇ ▇nal residential mortgage loans for Fannie Mae or Freddie Mac, then the Purchaser may immediately terminate t▇▇▇▇▇▇te this Agreement ▇▇▇▇▇▇▇nt and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.

Agency Suspension. Should the Interim Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ and ▇▇▇▇▇▇▇ Fannie Mae or Freddie Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇e▇ ▇f co▇▇▇▇▇▇▇nal residential mortgage loans for Fannie Mae or Freddie Mac, then the Purchaser Purchase may immediately terminate te▇▇▇▇▇▇e this Agreement A▇▇▇▇▇▇▇t and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.

Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇F▇▇▇▇▇ ▇M▇▇ and ▇F▇▇▇▇▇▇ Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for ▇F▇▇▇▇▇ Mae or ▇F▇▇▇▇▇▇ Mac, then the Purchaser may immediately terminate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.

Agency Suspension. Should the Servicer Seller at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ and ▇▇▇▇▇▇▇ Fannie Mae or Freddie Mac or otherwise cease to be an approved ▇▇ ▇▇▇rove▇ ▇▇▇▇▇r/servicer of conventional residential mortgage loans for Fannie Mae or Freddie Mac, then the Purchaser m▇▇ ▇▇▇▇▇▇ Mae or ediately ▇▇▇▇▇▇▇ Mac, then the Purchaser may immediately terminate ate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.. 20

Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ Fannie Mae and ▇▇▇▇▇▇▇ Freddie Mac or otherwise cease to be an approved servicer of conventional s▇▇▇▇▇▇r ▇▇ conv▇▇▇▇▇▇▇l residential mortgage loans for Fannie Mae or Freddie Mac, then the Purchaser may immediately ter▇▇▇▇▇▇ Mae or this Ag▇▇▇▇▇▇▇ Mac, then the Purchaser may immediately terminate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.

Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ Fannie Mae and ▇▇▇▇▇▇▇ Freddie Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for ▇▇▇▇▇e▇▇▇al mo▇▇▇▇▇▇ loans for Fannie Mae or ▇▇▇▇▇▇▇ Freddie Mac, then the Purchaser may immediately terminate this Agreement and accelerate performance a▇▇ ▇▇▇elerate ▇▇▇▇▇▇▇ance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.

Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by ▇▇▇▇▇▇ ▇▇▇ Fannie Mae and ▇▇▇▇▇▇▇ Freddie Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for approve▇ ▇▇▇▇i▇▇▇ Mae or of c▇▇▇▇▇▇▇ ▇onal residential mortgage loans for Fannie Mae or Freddie Mac, then the Purchaser may immediately terminate ▇▇▇▇▇▇ate this Agreement ▇▇▇▇▇▇ent and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.