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Common use of Settlement Approval Clause in Contracts

Settlement Approval. The approval of the Master Servicer need not be requested for disposition of insurance loss settlements and the Servicer may disburse the loss proceeds as provided herein.

Appears in 52 contracts

Sources: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-19 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-18 Trust)

Related Clauses

  • FCC Approval
  • Government Approval
  • PRELIMINARY APPROVAL OF SETTLEMENT
  • Final Approval
  • Project Approval

Parent Clauses

  • WHEREAS
  • Miscellaneous Provisions
  • Insurance Loss Settlements
  • Insurance and Letter of Credit
  • Amendments

Sub-Clauses

  • Best Efforts
  • Pre-Motion Confidentiality
  • Motions Seeking Approval of the Settlement
  • Motions Seeking Approval of Notice and Certification or Authorization
  • Motions for Approval
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