Common use of Servicing and Collection Practices Clause in Contracts

Servicing and Collection Practices. The servicing and collection practices used by the Seller or, to the Seller's knowledge, any prior holder of the related Mortgage Note with respect to such Mortgage Loan have been in all respects legal and have met customary industry standards.

Appears in 20 contracts

Samples: Ubs Mortgage Loan Purchase Agreement (LB-UBS Commercial Mortgage Trust 2007-C7), Mortgage Loan Purchase Agreement (Lb-Ubs Commercial Mortgage Trust 2006-C1), Mortgage Loan Purchase Agreement (LB-UBS Commercial Mortgage Trust 2005-C1)

AutoNDA by SimpleDocs

Servicing and Collection Practices. The servicing and collection practices used by the Seller or, to the Seller's knowledge, any prior holder of the related Mortgage Note with respect to such the Mortgage Loan have been in all respects legal and have met customary industry standards.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (LB-UBS Commercial Mortgage Trust 2007-C2), Mortgage Loan Purchase Agreement (LB-UBS Commercial Mortgage Trust 2007-C2)

AutoNDA by SimpleDocs

Servicing and Collection Practices. The servicing and collection practices used by the Seller or, to the Seller's knowledge, or any prior holder of the related Mortgage Note with respect to such Mortgage Loan have been in all respects legal and have met customary industry standards.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Structured Asset Securities Corp)

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