Common use of Secondary Market Clause in Contracts

Secondary Market. Grantee may sell, transfer and deliver the Loan Documents to one or more investors in the secondary mortgage market. In connection with such sale, may retain or assign responsibility for servicing the loan or may delegate some or all of such responsibility and/or obligations to a servicer, including, but not limited to, any subservicer or master servicer, on behalf of the investors. All references to Grantee herein shall refer to and include, without limitation, any such servicer, to the extent applicable.

Appears in 5 contracts

Samples: Record And (Merry Land Capital Trust), Record And (Merry Land Properties Inc), Record And (Merry Land Properties Inc)

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