Actions by the Sellers. Upon termination of the Agreement (or any portion thereof) in accordance with this Article II, with respect to any Serviced Appointment subject to such termination, the Sellers may (A) terminate, or consent to the termination of, any Serviced Corporate Trust Contract relating to such Serviced Appointment, (B) sell, transfer, assign, or otherwise dispose of any such Serviced Appointment, or resign (or consent to removal) from any such Serviced Appointment, or (C) agree to do any of the foregoing.
Appears in 372 contracts
Samples: Servicing Agreement (Benchmark 2021-B30 Mortgage Trust), Servicing Agreement (Carvana Auto Receivables Trust 2021-P1), Servicing Agreement (Morgan Stanley Capital I Trust 2021-L6)
Actions by the Sellers. Upon termination of the Agreement (or any portion thereof) in accordance with this Article II, with respect to any Serviced Appointment subject to such termination, the Sellers may (A) terminate, or consent to the termination of, any Serviced Corporate Trust Contract relating to such Serviced Appointment, (B) sell, transfer, assign, or otherwise dispose of any such Serviced Appointment, or resign (or consent to removal) from any such Serviced Appointment, or (C) agree to do any of the foregoing.. [Annex A to Servicing Agreement]
Appears in 3 contracts
Samples: Servicing Agreement (Navient Student Loan Trust 2015-3), Servicing Agreement (Navient Student Loan Trust 2015-2), Servicing Agreement (Navient Student Loan Trust 2015-1)
