Common use of Advance Facilities Clause in Contracts

Advance Facilities. Prior to entering into any loan facility or similar arrangement with a third party secured by Xxxxxxxx’s right, title and interest in any rights to reimbursement for any servicing advances made under the Servicing Contracts, Borrower shall provide the Lender with ten (10) Business Days advance notice and shall cooperate with Lender to enable Lender to give such third party notice of Xxxxxx’s interest hereunder, including without limitation, by providing to Lender the name and contact information for delivery of such notice to the third party to whom such rights are or will be pledged.

Advance Facilities. Prior to entering into any loan facility or similar arrangement with a third party secured by Xxxxxxxx’s right, title and interest in any rights to reimbursement for any servicing advances made under the Servicing Contracts, Borrower shall provide the Lender with ten (10) Business Days advance notice and shall cooperate with Lender to enable Lender Xxxxxx to give such third party notice of Xxxxxx’s interest hereunder, including without limitation, by providing to Lender the name and contact information for delivery of such notice to the third party to whom such rights are or will be pledged.

Advance Facilities. Prior to entering into any loan facility or similar arrangement with a third party secured by Xxxxxxxx’s right, title right and interest in any rights to reimbursement for any servicing advances made under the Servicing Contracts, Borrower shall provide the Lender with ten (10) [***] Business Days advance notice and shall cooperate with Lender to enable Lender to give such third party notice of Xxxxxx’s interest hereunder, including without limitation, by providing to Lender the name and contact information for delivery of such notice to the third party to whom such rights are or will be pledged.