{"component": "definition", "props": {"groups": [{"snippet": "\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Credit Corporation, or its successor in interest.", "size": 87, "snippet_links": [{"key": "successor-in-interest", "type": "clause", "offset": [41, 62]}], "samples": [{"hash": "h67JVjyz230", "uri": "/contracts/h67JVjyz230#mlcc", "label": "Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)", "score": 19.0, "published": true}, {"hash": "l00nS8L6lyi", "uri": "/contracts/l00nS8L6lyi#mlcc", "label": "Pooling and Servicing Agreement (Ge Capital Mort Serv Inc Remic Mort Pa Thro Cert Ser 2000-11)", "score": 18.0, "published": true}, {"hash": "kd7Aabe6TgZ", "uri": "/contracts/kd7Aabe6TgZ#mlcc", "label": "Pooling and Servicing Agreement (Ge Capital Mortgage Services Inc)", "score": 18.0, "published": true}], "hash": "de59ab245d8a74be06c0a60eaec6898d", "id": 1}, {"snippet": "Merrill Lynch Cr\u2587\u2587\u2587\u2587 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Merrill Lynch, Pierce, Fenner & Smith. \"Morgan Stanley\" means Morgan Stanley & Co. 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Loans.", "This Agreement shall be construed in accordance with the laws of the State where <strong>MLCC</strong> is headquartered, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.", "<strong>MLCC</strong> may rely on the actions of Custodian without further inquiry.", "The Trustee, as assignee of the Additional Collateral Servicing Agreement, shall enforce the obligations of <strong>MLCC</strong> to service and administer the Additional Collateral as provided in the Additional Collateral Servicing Agreement, and shall take appropriate action thereunder if <strong>MLCC</strong> fails to substantially comply with its obligations to administer the Additional Collateral.", "<strong>MLCC</strong> shall arrange for filing any Uniform Commercial Code continuation statements in connection with any security interest granted or assigned hereunder.", "The Servicer shall use reasonable efforts to monitor the overall quality of <strong>MLCC</strong>&#x27;s administration of the Additional Collateral as provided in the Loan Purchase and Sale Exhibit, and shall take appropriate action thereunder if <strong>MLCC</strong> fails to substantially comply with its obligations to administer the Additional Collateral.", "In the event that Servicer receives an indemnification payment from <strong>MLCC</strong> as provided in the Loan Purchase and Sale Exhibit that is attributable to losses resulting from <strong>MLCC</strong>&#x27;s failure to administer the Additional Collateral in accordance with the terms set forth in the Loan Purchase and Sale Exhibit in connection with Additional Collateral Mortgage Loans sold under the Purchase and Servicing Agreement, Servicer shall remit such amount to the Purchaser.", "It is the express intent of the parties hereto that (without addressing characterization for GAAP purposes) the conveyance of the Mortgage Loans by <strong>MLCC</strong> to MLMI be construed as, an absolute sale thereof.", "This Agreement shall bind and inure to the benefit of and be enforceable by <strong>MLCC</strong> and MLMI, and the respective successors and assigns thereof."], "related": [["phh", "PHH", "PHH"], ["emc", "EMC", "EMC"], ["gmac", "GMAC", "GMAC"], ["countrywide", "Countrywide", "Countrywide"], ["pmi", "PMI", "PMI"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}