Common use of No Impairment of OLS’s Rights Clause in Contracts

No Impairment of OLS’s Rights. As of the Effective Date, or as of any Sale Date with respect to any Receivables sold by OLS through the MSR Transfer Date sold on such date, neither OLS nor any other Person has taken any action that, or failed to take any action the omission of which, would materially impair its rights or the rights of its assignees, with respect to any such Receivables.

Appears in 4 contracts

Samples: Receivables Sale Agreement (New Residential Investment Corp.), Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.), Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

AutoNDA by SimpleDocs

No Impairment of OLS’s Rights. As of the Effective Closing Date, or as of any Sale Date with respect to any Receivables sold by OLS through the MSR Transfer Date sold on such date, neither OLS nor any other Person has taken any action that, or failed to take any action the omission of which, would materially impair its rights or the rights of its assignees, with respect to any such Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

No Impairment of OLS’s Rights. As of the Effective Date, or as of any Sale Date with respect to any Receivables sold by OLS through the MSR Transfer Date sold on such date, neither OLS nor any other Person has taken any action that, or failed to take any action the omission of which, would materially impair its rights or the rights of its assignees, with respect to any such Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

AutoNDA by SimpleDocs

No Impairment of OLS’s Rights. As of the Effective Closing Date, or as of any Sale Date with respect to any OLS Receivables sold by OLS through the final MSR Transfer Date sold on such date, neither OLS nor any other Person under the control or common control of OLS has taken any action that, or failed to take any action the omission of which, would materially impair and adversely affect its rights or the rights of its assignees, with respect to any such OLS Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (New Residential Investment Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.