Replies to post #587329 on Mr Cooper Group Inc fka COOP

[AZCowboy]

~ BoardDork, Yes I Believe That Is An Accurate Consideration’ ~

Again, if anyone missed this, Here is the relevant text and the link in the WMIH (as if 12/31/2017) 10-K,

"On March 22, 2012, WMIH and the Trust entered into a Transition Services Agreement (the “TSA”). Pursuant to the TSA, the Trust makes available certain services and employees to the Company, including the services of our Chief Legal Officer and Secretary and our Controller. The TSA provides basic infrastructure and support services to facilitate the Company’s operations. The TSA, as amended, extends the term of the agreement through June 30, 2018, with automatic renewals thereafter for successive additional three-month terms, subject to non-renewal at the end of any additional term upon written notice by either party at least 30 days prior to the expiration of the additional term. For additional information on the amendment to the TSA, see Note 15: Subsequent Events, to the consolidated financial information in Part II, Item 8 of this Annual Report on Form 10-K."

https://www.sec.gov/Archives/edgar/data/933136/000156459018004269/wmih-10k_20171231.htm

AZ

[ReikoBlack]

The TSA between the LT and WMIH (now COOP) was terminated on June 18,2019.

"Item 8.01 Other Events

Termination of Transition Services Agreement between WMI Liquidating Trust and Mr. Cooper Group Inc.

On June 18, 2019, Mr. Cooper Group Inc. (formerly known as WMIH Corp. and referred to herein as “MCG”) notified WMI Liquidating Trust (the “Trust”) that it was terminating that certain Transition Services Agreement, dated as of March 22, 2012, by and between MCG and the Trust (as amended, the “TSA”). Such termination satisfied the requirements of Section 9.1 of the TSA and, at the time of such termination, the TSA was in full force and effect without any defaults thereunder."

https://www.sec.gov/Archives/edgar/data/1545078/000119312519209022/d770774d8k.htm

Here's the Transition Services Agreement. (March 22, 2012)
https://www.sec.gov/Archives/edgar/data/933136/000090951812000125/mm03-2312_8ke106.htm

So then the TSA between WMIH (only in name - changed to MR.Cooper) and the Trust need to be renewed Sept 30, 2019, 4 days after our "VERY IMPORTANT COURT DATE" Sept. 26, 2019.

And if the (2) Chapter 11s close by end of 2019, this TSA renews once more, or is no longer necessary and non renews in writing by either party.