Common use of Assignment of Servicing Clause in Contracts

Assignment of Servicing. This Agreement may not be assigned by the Servicer without the prior written consent of the Owner. This Section does not prohibit the Servicer from engaging vendors to assist the Servicer in performance of specific functions related to its obligations under this Agreement or to perform component services required for the servicing; provided that engaging vendors to perform a substantial portion of the primary day-to-day servicing obligations of Servicer under this Agreement will be deemed an assignment of this Agreement.