Delivery of Collateral Documents Sample Clauses

Delivery of Collateral Documents. 4.6 (a) Lender may deliver documents relating to the Collateral to Borrower for correction or completion under a Trust Receipt.
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Delivery of Collateral Documents. The Lender or its designee exclusively shall deliver Pledged Mortgages or Pledged Securities to (a) an Investor that has issued a Purchase Commitment with respect thereto for its examination and purchase, or (b) an Approved Custodian for purposes of examination or delivery in connection with the issuance of Mortgage-backed Securities. In such cases where the Lender must deliver documents to an Investor or Approved Custodian, the Lender must receive signed shipping instructions (in the form of EXHIBIT "D" attached hereto), no later than 2:00 p.m. Houston, Texas time one (1) Business Day prior to the expiration of the appended Purchase Commitment, in addition to any other documents listed in Section III of EXHIBIT "C" in respect of the issuance of Mortgage-backed Securities. If shipping instructions are received by Lender before 2:00 p.m. Houston, Texas time of any Business Day, Lender will ship the documents together with the Bailee Letter (in form of EXHIBIT "K") to the Investor or Approved Custodian on the same Business Day, otherwise Lender will ship the documents the next Business Day following receipt of shipping instructions. In any case in which an Advance has been made hereunder against Pledged Mortgages, based on the existence of a Purchase Commitment covering such Pledged Mortgages, the Company agrees that such Pledged Mortgages will not be placed in any mortgage pool other than an Eligible Mortgage Pool, unless such Pledged Mortgages have been redeemed from pledge as permitted hereunder or other arrangements, satisfactory to the Lender in its sole discretion, have been made for the redemption of such Pledged Mortgages from pledge hereunder. The Lender may deliver any document relating to the Collateral to the Company for correction or completion against a trust receipt in the form of EXHIBIT "E" attached hereto executed by the Company. The Company hereby represents and warrants to and agrees with the Lender that any request by the Company for release of the Collateral consisting of or relating to Mortgage Loans to the Company shall be solely for the purposes of correcting clerical or non-substantial documentation problems in preparation for returning such Collateral to the Lender for ultimate sale or exchange and the aggregate Collateral Value of the Collateral released to the Company pursuant to this Section 3.3 will not exceed $500,000.00; the Company shall request such release in compliance with all of the terms and conditions of such release ...
Delivery of Collateral Documents. 4.6 (a) Credit Agent may deliver documents relating to the Collateral to Borrowers for correction or completion under a Trust Receipt.
Delivery of Collateral Documents. 3.6.1 The Agent may deliver documents relating to the Collateral to the Borrowers for correction or completion under a Trust Receipt.
Delivery of Collateral Documents. Seller agrees to deliver to Buyer or Buyer’s designee on or immediately following the Closing Date each original Collateral Document and Loan Document (or copies if originals are not available) in Seller’s and/or its agent’s and/or representative’s possession affecting the Loan.
Delivery of Collateral Documents. (a) If no Event of Default has occurred and is continuing, the Agent will deliver documents relating to the Collateral to the Borrower for correction or completion under a Trust Receipt.
Delivery of Collateral Documents. Upon request from the Owner, the Company shall deliver no later than fifteen (15) days after such request copies of any documents related to a Mortgage Loan that required to be delivered pursuant to Section 2.01(b) but are held by the Company, to the Owner at the direction of the Owner. If the Company fails to furnish copies within the time period specified in this Section after the Owner has requested such copies, the Company shall repurchase such Mortgage Loan from the Owner in accordance with Section 2.04 hereof. In connection with any Mortgage Loan that is a "Streamline Refi" Mortgage Loan, upon request from the Owner, the Company shall deliver, no later than fifteen (15) days after such request, copies of any documents related to the original mortgage loan that was the subject of the refinancing; provided, however, that any such document was required to be included in the related mortgage loan file pursuant to the related underwriting guidelines which have been provided to the Owner. If the Company fails to furnish such copies within the time period specified in this Section after the Owner has requested such copies, the Company shall repurchase such Mortgage Loan from the Owner in accordance with Section 2.04 hereof.
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Delivery of Collateral Documents. (a) A Mortgage Loan closed and funded with the proceeds of an Advance shall be deemed to have been delivered under this Agreement when there shall have been electronically delivered to WFHM the information required by the Credit Agreement. The Pledgor shall also comply with its obligation under this Pledge and Security Agreement to deliver to WFHM the instruments and documents described in the Transmittal Form. The documents to be delivered pursuant to this Section 4(a) shall be delivered (including delivery by telecopy, as provided for above) to WFHM no later than 9:00 a.m. (Minneapolis time) on the Business Day on which the Advance is to be made for the purpose of funding such Mortgage Loan.
Delivery of Collateral Documents. If any Collateral Document is found by Administrative Agent not to be in compliance with the requirements of this Agreement, and Administrative Agent determines such noncompliance is curable, then so long as no Event of Default shall then have occurred, other than those resulting from such non-compliance and those Events of Default that have been waived in writing by the Administrative Agent, and Administrative Agent’s security interest therein will in no way be impaired, Administrative Agent shall, upon request of Borrower or Servicer, deliver such Collateral Document under a Trust Receipt to Borrower or Servicer, as the case may be, for correction or completion, such Collateral Document to be returned to Administrative Agent within ten (10) days after delivery to Borrower or Servicer under such Trust Receipt.
Delivery of Collateral Documents. If Borrower shall desire First Union to make Advances under the Note or under any other note evidencing the Loan, prior to each Advance Borrower shall deliver to Purchaser, as bailee for First Union as described in the relevant Bailee Agreement, originals or copies, as distinguished hereinbelow, of the following Collateral Documents and items and, upon First Union's request, faxes or copies of all Collateral Documents to First Union, all acceptable to First Union in its sole discretion, such documents to be used as Collateral for their respective Mortgage Loan Advances:
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