Consent of Senior Lienholder. With respect to each Revolving Credit Loan that is not a first mortgage lien, either (i) no consent for the Revolving Credit Loan is required by the holder of the Senior Lien or (ii) such consent has been obtained and has been delivered to the Purchaser;
Appears in 3 contracts
Samples: Mortgage Loan Sale and Assignment Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Servicing Agreement (E Loan Inc), Execution (Greenpoint Mortgage Funding Trust 2005-He3)
Consent of Senior Lienholder. With respect to each Revolving Credit Loan that is not a first mortgage lienloan, either (i) no consent for the Revolving Credit Loan is required by the holder of the Senior Lien related prior lien or (ii) such consent has been obtained and has been delivered to the Purchaser;Buyer.
Appears in 1 contract
Samples: Master Mortgage Loan Purchase Agreement (Mego Mortgage Corp)