Claims Event

Each of the following shall constitute a “Claims Event,” as determined by Freddie Mac, such determination being conclusive, absent Freddie Mac’s bad faith: Any Unauthorized Servicing Transfer, either in a single transaction or cumulatively over a series of transactions during any 180-day period, that results in the transfer of all or, in Freddie Mac’s sole determination, substantially all of the Seller/Servicer’s Servicing Contract Rights or the Seller/Servicer’s Freddie Mac Servicing portfolio;