Common use of Product Switches Clause in Contracts

Product Switches. (a) The Seller may accept applications from, or make offers to, a Borrower for a Product Switch.

Product Switches. (aA) The Seller (or the Servicer on behalf of the Seller) may accept applications fromapplications, or make offers toto Borrowers, for Product Switches in respect of Mortgage Loans comprised in the Mortgage Portfolio (as a Borrower result of, inter alia, the Seller (or the Servicer on behalf of the Seller) determining that the conditions for a the granting of such Product SwitchSwitch have been satisfied by the relevant Borrower).