Approval of Servicing Agreement. To the extent applicable and not previously delivered and approved, Buyer shall have, in its sole discretion, approved each Servicing Agreement pursuant to which any Purchased Mortgage Loan that is subject to such Transaction is to be serviced during the term of such Transaction;
Approval of Servicing Agreement. To the extent not previously delivered and approved, Administrative Agent shall have, in its sole discretion, approved each Servicing Agreement pursuant to which any Mortgage Loan or Contributed Asset that is subject to the proposed Transaction is to be serviced during the term of such Transaction.
Approval of Servicing Agreement. To the extent not previously delivered and approved, Buyer shall have, in its sole discretion, approved each applicable Servicing Agreement pursuant to which any Purchased Asset that is subject to the proposed Transaction is serviced. For the avoidance of doubt, the Buyer shall not purchase any Mortgage Loans from the Operating Partnership Seller prior to Buyer’s approval of any third-party servicer with respect to such Mortgage Loans and the parties entering into a servicing side letter in form and substance acceptable to the Buyer. Each Transaction Request delivered by Sellers hereunder will constitute a certification by Sellers that all the conditions set forth in this Section 3(b) (other than clause (viii) hereof) have been satisfied (both as of the date of such notice or request and as of Purchase Date).
Approval of Servicing Agreement. To the extent not previously delivered and approved, Agent shall have, in its sole discretion, approved each Servicing Agreement pursuant to which any Mortgage Loan or Contributed REO Property that is subject to the proposed Transaction is serviced;
Approval of Servicing Agreement. To the extent not previously delivered and approved, Buyer shall have, in its sole discretion, approved the Servicing Agreement and entered into a side letter in connection therewith.
