Common use of Loan Servicing Clause in Contracts

Loan Servicing. The Servicing Agreement shall be in form and content satisfactory to Lender, in its sole discretion. Borrower may not terminate the Servicing Agreement without's Lender's prior written approval. The Servicing Agreement shall be cancelable by Lender immediately following the occurrence of an Event of Default. If the Servicing Agent is Borrower or an Affiliate of Borrower, no servicing fees shall be paid during or with respect to any period of time in which a Default or Event of Default hereunder exists.

Loan Servicing. The servicing company and Servicing Agreement shall be in form and content -------------- satisfactory to Lender, Lender in its sole discretion. Borrower may not amend or terminate the Servicing Agreement without's without Lender's prior written approval. The Servicing Agreement shall be cancelable by Lender immediately following upon the occurrence of an Event of Defaultany default under the Loan Documents. If the Servicing Agent such servicer is Borrower or an Affiliate of BorrowerAffiliate, no servicing fees shall be paid during or with respect to if a default under any period of time in which a Default or Event of Default hereunder existsLoan Document has occurred and is continuing.

Loan Servicing. The Servicing Agent and Servicing Agreement shall be in form and content satisfactory to Lender, in its sole discretionLender and shall be reasonably acceptable to Borrower. Borrower may not terminate the Servicing Agreement without's without Lender's prior written approval. The Servicing Agreement shall be cancelable by Lender immediately following the occurrence of an Event of Default. If the Servicing Agent is Borrower or an Affiliate of Borrower, no servicing fees shall be paid during or with respect to any period of time in which a Default or an uncured Event of Default hereunder exists.