Common use of Monitoring Agents Clause in Contracts

Monitoring Agents. Servicing Agent will not be responsible for the conduct of any Agent under the Sales Agency Agreement. It will, however, monitor the performance of Agents and report to the Company when requested or when the Servicing Agent deems it would be in the Company's best interest to have performance information about any Agent.

Appears in 2 contracts

Sources: Servicing Agent Agreement (Wellstone Communities Inc), Servicing Agent Agreement (Pif/Cornerstone Ministries Investments Inc)

Monitoring Agents. Servicing Managing Agent will not be responsible for the conduct of any Agent under the Sales Agency Agreement. It will, however, monitor the performance of Agents and report to the Company when requested or when the Servicing Managing Agent deems it would be in the Company's best interest to have performance information about any Agent.

Appears in 1 contract

Sources: Managing Agent Agreement (Wellstone Communities Inc)