Coordination with Other Banks/Repo Purchasers and Their Custodians. Borrower will keep Bank informed of the current name, address and contact information concerning Bxxxxxxx’s other mortgage warehouse credit and repurchase facilities (if any) and will cooperate and assist Bank in exchanging information with such others (and their document custodians or trustees) to prevent and promptly correct conflicting claims to and interests in Collateral between or among lenders or repurchase facilities counterparties. Borrower hereby irrevocably authorizes Bank to communicate and exchange information with such other lenders.
Coordination with Other Banks/Repo Purchasers and Their Custodians. Borrower will keep Bank informed of the current name, address and contact information concerning each of Borrower’s other servicing rights, warehouse credit and repurchase facilities (if any), update such information provided to Bank as changes occur, and will cooperate and assist Bank in exchanging information with such others (and their document custodians or trustees) to prevent and promptly correct conflicting claims to and interests in Collateral between or among lenders or repurchase facilities counterparties. Solely upon the occurrence and during the continuance of an Event of Default hereunder, Borrower hereby irrevocably authorizes Bank to communicate and exchange information with such other lenders.
