Common use of Termination by the Firm Clause in Contracts

Termination by the Firm. The law firm may terminate the Retention Agreement by providing Xxxxxxx Mac and any affected Servicers with 45-days prior written notice. In the event the firm provides such notice, the firm agrees to fully cooperate with Xxxxxxx Mac, its Servicers, and substitute counsel in the prompt and efficient transfer of Xxxxxxx Mac mortgage loan files to another firm. The firm further agrees to work diligently with substitute counsel to effect any necessary substitutions of counsel with the courts and, if requested, continue to handle legal matters until substitute counsel has entered an appearance with the court.

Termination by the Firm. The law firm may terminate the Retention Agreement by providing Xxxxxxx Freddie Mac and any affected Servicers with 45-days prior written notice. In the event the firm provides such notice, the firm agrees to fully cooperate with Xxxxxxx Freddie Mac, its Servicers, and substitute counsel in the prompt and efficient transfer of Xxxxxxx Freddie Mac mortgage loan files to another firm. The firm further agrees to work diligently with substitute counsel to effect any necessary substitutions of counsel with the courts and, if requested, continue to handle legal matters until substitute counsel has entered an appearance with the court.