Common use of Collection Agency/Contingency Fee Agreements Clause in Contracts

Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Loans subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Loans (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and the Failed Banks thereunder.

Appears in 6 contracts

Samples: Loan Contribution and Sale Agreement, Loan Contribution and Sale Agreement, Contribution and Sale Agreement

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Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Loans subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Loans (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and the Failed Banks Bank thereunder.

Appears in 4 contracts

Samples: Contribution and Assignment Agreement, Contribution and Assignment Agreement, Contribution and Assignment Agreement

Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Loans Assets subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Loans Assets (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and Transferor and/or the Failed Banks Bank thereunder.

Appears in 2 contracts

Samples: Asset Contribution Agreement, Asset Contribution Agreement

Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Loans Assets subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Loans Assets (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and the Failed Banks Bank thereunder.

Appears in 2 contracts

Samples: Asset Contribution and Sale Agreement, Asset Contribution and Sale Agreement

Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Loans Assets subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Loans Assets (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and Transferor and/or the Failed Banks thereunderBank thereunder (including as may have been reflected thereunder as being of the Prior Transferor and/or the Prior Failed Bank).

Appears in 1 contract

Samples: Asset Transfer Agreement

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Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Loans Assets subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Loans Assets (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and the Transferor and/or any Failed Banks Bank thereunder.

Appears in 1 contract

Samples: Asset Contribution Agreement

Collection Agency/Contingency Fee Agreements. The Company acknowledges and agrees that it accepts and acquires the Mortgage Loans subject to any agreements with collection agencies or contingency fee agreements with attorneys (in either case that are outstanding and in effect as of the Servicing Transfer Date) that relate only to the Mortgage Loans (or any of them) and are assignable, and assumes and agrees to fulfill all Obligations of the Initial Member and the Failed Banks thereunder.

Appears in 1 contract

Samples: Mortgage Loan Contribution and Sale Agreement

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