Common use of Protection of Confidential Information; No Personal Solicitation Clause in Contracts

Protection of Confidential Information; No Personal Solicitation. Each of the Purchaser and the Servicer agrees and acknowledges that as to all nonpublic personal information received or obtained by it with respect to any Mortgagor: (a) such information is and shall be held in accordance with all applicable law, including but not limited to the privacy provisions of the Gramm-Leach Bliley Act; (b) such information is in connection with a xxxxxxxx xr actual secondary market sale related to a transaction of the Mortgagor for purposed of 16 C.F.R.&313.14 (A) (3); and (c) Purchaser or Servicer, as the case may be is hereby prohibited from disclosing or using any such information other than to carry out the express provisions of this Agreement, or as otherwise permitted by applicable law. From and after the date hereof, each of the Servicer and the Purchaser hereby agrees that it will not take any action or permit or cause any action to be taken by any of its agents or affiliates, or by any independent contractors on the its behalf, to personally, by telephone or mail, solicit the borrower or obligor under any Mortgage Loan to refinance a Mortgage Loan, in whole or in part, without the prior written consent of the other party. Notwithstanding the foregoing, it is understood and agreed that promotions undertaken by the Servicer or the Purchaser or any of their affiliates which are directed to the general public at large, including, without limitation, mass mailing based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 12.12. [Signature Page Follows]

Appears in 2 contracts

Samples: Servicing Agreement (Structured Asset Sec Mort Pass Thru Cert Ser 2002-21a), Servicing Agreement (Structured Asset Sec Corp Mortgage Pas THR Cert Se 2002-27a)

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Protection of Confidential Information; No Personal Solicitation. Each of the Purchaser and the Servicer agrees and acknowledges that as to all nonpublic personal information received or obtained by it with respect to any Mortgagor: (a) such information is and shall be held in accordance with all applicable law, including but not limited to the privacy provisions of the GrammXxxxx-Leach Xxxxx Bliley Act; (b) such information is in connection with a xxxxxxxx xr proposed or actual secondary market sale related to a transaction of the Mortgagor for purposed of 16 C.F.R.&313.14 (A) (3C.F.R. & 313.l4(A)(3); and (c) Purchaser or Servicer, as the case may be is hereby prohibited from disclosing or using any such information other than to carry out the express provisions of this Agreement, or as otherwise permitted by applicable law. From and after the date hereof, each of the Servicer and the Purchaser hereby agrees that it will not take any action or permit or cause any action to be taken by any of its agents or affiliates, or by any independent contractors on the its behalf, to personally, by telephone or mail, solicit the borrower or obligor under any Mortgage Loan to refinance a Mortgage Loan, in whole or in part, without the prior written consent of the other party. Notwithstanding the foregoing, it is understood and agreed that promotions undertaken by the Servicer or the Purchaser or any of their affiliates which are directed to the general public at large, including, without limitation, mass mailing based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 12.1212.l2. [Signature Page Follows]

Appears in 2 contracts

Samples: Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Structured Asset Securities Corp)

Protection of Confidential Information; No Personal Solicitation. Each of the Purchaser and the Servicer agrees and acknowledges that as to all nonpublic personal information received or obtained by it with respect to any Mortgagor: (a) such information is and shall be held in accordance with all applicable law, including but not limited to the privacy provisions of the Gramm-Leach Bliley Act; (b) such information is in connection with a xxxxxxxx xr xx actual secondary market sale related to a transaction of the Mortgagor for purposed of 16 C.F.R.&313.14 (A) (3C.F.R. & 313.l4(A)(3); and (c) Purchaser or Servicer, as the case may be is hereby prohibited from disclosing or using any such information other than to carry out the express provisions of this Agreement, or as otherwise permitted by applicable law. From and after the date hereof, each of the Servicer and the Purchaser hereby agrees that it will not take any action or permit or cause any action to be taken by any of its agents or affiliates, or by any independent contractors on the its behalf, to personally, by telephone or mail, solicit the borrower or obligor under any Mortgage Loan to refinance a Mortgage Loan, in whole or in part, without the prior written consent of the other party. Notwithstanding the foregoing, it is understood and agreed that promotions undertaken by the Servicer or the Purchaser or any of their affiliates which are directed to the general public at large, including, without limitation, mass mailing based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 12.1212. l 2. [Signature Page Follows]

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2003-6a)

Protection of Confidential Information; No Personal Solicitation. Each of the Purchaser and the Servicer agrees and acknowledges that as to all nonpublic personal information received or obtained by it with respect to any Mortgagor: (a) such information is and shall be held in accordance with all applicable law, including but not limited to the privacy provisions of the Gramm-Leach Bliley Act; (b) such information is in connection with a xxxxxxxx xr actual propxxxx xx xxxual secondary market sale related to a transaction of the Mortgagor for purposed of 16 C.F.R.&313.14 (A) (3); and (c) Purchaser or Servicer, as the case may be is hereby prohibited from disclosing or using any such information other than to carry out the express provisions of this Agreement, or as otherwise permitted by applicable law. From and after the date hereof, each of the Servicer and the Purchaser hereby agrees that it will not take any action or permit or cause any action to be taken by any of its agents or affiliates, or by any independent contractors on the its behalf, to personally, by telephone or mail, solicit the borrower or obligor under any Mortgage Loan to refinance a Mortgage Loan, in whole or in part, without the prior written consent of the other party. Notwithstanding the foregoing, it is understood and agreed that promotions undertaken by the Servicer or the Purchaser or any of their affiliates which are directed to the general public at large, including, without limitation, mass mailing based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 12.12. [Signature Page Follows]

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2004-14)

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Protection of Confidential Information; No Personal Solicitation. Each of the Purchaser and the Servicer agrees and acknowledges that as to all nonpublic personal information received or obtained by it with respect to any Mortgagor: (a) such information is and shall be held in accordance with all applicable law, including but not limited to the privacy provisions of the GrammXxxxx-Leach Xxxxx Bliley Act; (b) such information is in connection with a xxxxxxxx xr proposed or actual secondary market sale related to a transaction of the Mortgagor for purposed of 16 C.F.R.&313.14 (A) (3C.F.R. & 313.l4(A)(3); and (c) Purchaser or Servicer, as the case may be is hereby prohibited from disclosing or using any such information other than to carry out the express provisions of this Agreement, or as otherwise permitted by applicable law. From and after the date hereof, each of the Servicer and the Purchaser hereby agrees that it will not take any action or permit or cause any action to be taken by any of its agents or affiliates, or by any independent contractors on the its behalf, to personally, by telephone or mail, solicit the borrower or obligor under any Mortgage Loan to refinance a Mortgage Loan, in whole or in part, without the prior written consent of the other party. Notwithstanding the foregoing, it is understood and agreed that promotions undertaken by the Servicer or the Purchaser or any of their affiliates which are directed to the general public at large, including, without limitation, mass mailing based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 12.1212. l 2. [Signature Page Follows]

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 24a)

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