Common use of Enforcement of Loan Purchase Agreement Clause in Contracts

Enforcement of Loan Purchase Agreement. The Depositor shall take all steps, as directed by the Issuer (or the Indenture Trustee at the written direction of the Required Noteholders), to enforce its rights (and the rights of the Issuer and the Indenture Trustee as assignees of the Depositor) against any Seller with respect to any matter arising under the Loan Purchase Agreement.

Appears in 11 contracts

Samples: Sale and Servicing Agreement (Regional Management Corp.), Sale and Servicing Agreement (Regional Management Corp.), Sale and Servicing Agreement (Regional Management Corp.)

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Enforcement of Loan Purchase Agreement. The Each of the Depositor and the Depositor Loan Trustee for the benefit of the Depositor shall take all steps, as directed by the Issuer (or the Indenture Trustee at the written direction of the Required Noteholders), to enforce its rights (and the rights of the Issuer and the Indenture Trustee as assignees of the Depositor) against any Seller with respect to any matter arising under the Loan Purchase Agreement.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (OneMain Financial Holdings, Inc.), Sale and Servicing Agreement (OneMain Financial Holdings, Inc.), Sale and Servicing Agreement (OneMain Financial Holdings, Inc.)

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Enforcement of Loan Purchase Agreement. The Each of the Depositor and the Depositor Loan Trustee for the benefit of the Depositor shall take all steps, as directed by the Issuer (or the Indenture Trustee at the written direction of the Administrative Agent (acting at the direction of Required Noteholders)), to enforce its rights (and the rights of the Issuer and the Indenture Trustee as assignees of the Depositor) against any Seller with respect to any matter arising under the Loan Purchase Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (OneMain Financial Holdings, Inc.)

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