Enforcement of Mortgages. 6.3.1 The Administrators will, in relation to any default by a Borrower under or in connection with a Mortgage, comply with the Enforcement Procedures or, to the extent that the Enforcement Procedures are not applicable having regard to the nature of the default in question, take such action as would a reasonably prudent mortgage administrator in respect of such default, provided that:
Appears in 3 contracts
Samples: Administration Agreement, Paragon Mortgages, investorreporting.paragonbankinggroup.co.uk
Enforcement of Mortgages. 6.3.1 (a) The Administrators will, in relation to any default by a Borrower under or in connection with a Mortgage, comply with the Enforcement Procedures or, to the extent that the Enforcement Procedures are not applicable having regard to the nature of the default in question, take such action as would a reasonably prudent mortgage administrator in respect of such default, provided that:
Appears in 1 contract
Samples: Administration Agreement
