Common use of Servicing Documents Clause in Contracts

Servicing Documents. The Seller and the Depositor shall have furnished to the Agent and the Indenture Trustee: (i) with respect to each Securitization Trust (in any case, to the extent listed on Schedules I through III of the Indenture as of the date hereof) other than any Subserviced Securitization Trust, the related Servicing Contracts and all material amendments and waivers thereto; (ii) with respect to each Subserviced Securitization Trust, the Subservicing Agreement; (iii) with respect to each Subserviced Securitization Trust, a copy of a power of attorney (in form and substance reasonably satisfactory to the Agent) provided by the MSR Sellers to Nationstar permitting Nationstar to act in the name of the MSR Sellers to recover any Delinquency Advance or Servicing Advance, including from any Securitization Trustee or successor servicer; and (iv) a certification that each Mortgagor has been instructed to remit all payments payable by such Mortgagor pursuant to the related Mortgage Loan to a blocked account controlled by Nationstar.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Nationstar Mortgage Holdings Inc.), Receivables Purchase Agreement (Nationstar Mortgage Holdings Inc.)