Common use of Servicing Rights Clause in Contracts

Servicing Rights. The Purchase Price of each Loan shall include all Servicing Rights and benefits pertaining to such Loan. Seller shall execute and deliver documentation sufficient to transfer all Servicing Rights from Seller to Arc free and clear of all claims, liens and encumbrances, and to enable Arc, or its designated representative, to service such Loan.

Appears in 6 contracts

Samples: Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement

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Servicing Rights. The Purchase Price of each Loan shall include all Servicing Rights and benefits pertaining to such Loan. Seller shall execute and deliver documentation sufficient to transfer all Servicing Rights from Seller to Arc ArcHome free and clear of all claims, liens and encumbrances, and to enable ArcArcHome, or its designated representative, to service such Loan.

Appears in 2 contracts

Samples: Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement

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Servicing Rights. The Purchase Price of each Loan shall include all Servicing Rights and benefits pertaining to such Loan. Seller shall execute and deliver documentation sufficient to transfer all Servicing Rights from Seller to Arc Home free and clear of all claims, liens and encumbrances, and to enable ArcArc Home, or its designated representative, to service such Loan.

Appears in 1 contract

Samples: Seller Loan Purchase and Sale Agreement

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