Common use of Solicitations Clause in Contracts

Solicitations. From and after the Closing Date, the ____________ agrees that it will not take any action or permit or cause any action to be taken by any of its agents and Affiliates, or by any independent contractors or independent mortgage brokerage companies on ____________'s behalf, to personally, by telephone or mail, solicit the Mortgagor under any Mortgage Loan for the purpose of refinancing such Mortgage Loan, nor will ____________ purchase any loan to a Mortgagor secured by a Mortgaged Property, in whole or in part; provided, that ____________ may solicit any Mortgagor for whom ____________ has received a request for verification of mortgage from an originator of mortgage loan products similar to the Mortgage Loans that indicates that such Mortgagor intends to refinance his or her Mortgage Loan, a request for demand for pay-off or a Mortgagor initiated a written or verbal communication with ____________ indicating a desire to prepay the related Mortgage Loan; provided further, it is understood and agreed that promotions undertaken by ____________ or any of its Affiliates which (i) concern optional insurance products or other additional products or (ii) are directed to the general public at large, including, without limitation, mass mailings based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 3.27.

Solicitations. From and after the Closing Date, the ____________ Option One agrees that it will not take any action or permit or cause any action to be taken by any of its agents and Affiliates, or by any independent contractors or independent mortgage brokerage companies on ____________Option One's behalf, to personally, by telephone or mail, solicit the Mortgagor under any Mortgage Loan for the purpose of refinancing such Mortgage Loan, nor will ____________ Option One purchase any loan to a Mortgagor secured by a Mortgaged Property, in whole or in part; provided, that ____________ Option One may solicit any Mortgagor for whom ____________ Option One has received a request for verification of mortgage from an originator of mortgage loan products similar to the Mortgage Loans that indicates that such Mortgagor intends to refinance his or her Mortgage Loan, a request for demand for pay-off or a Mortgagor initiated a written or verbal communication with ____________ Option One indicating a desire to prepay the related Mortgage Loan; provided further, it is understood and agreed that promotions undertaken by ____________ Option One or any of its Affiliates which (i) concern optional insurance products or other additional products or (ii) are directed to the general public at large, including, without limitation, mass mailings based on commercially acquired mailing lists, newspaper, radio and television advertisements shall not constitute solicitation under this Section 3.27.