Common use of Hedge Investments in Mortgage Loans Clause in Contracts

Hedge Investments in Mortgage Loans. If at any time during the term of this Agreement, the Companies are hedging their investments in Mortgage Loans Pledged to the Agent, the Companies will prepare their periodic hedge position reports in form, substance and detail reasonably satisfactory to the Agent and provide a copy of each to the Agent and each Lender when issued, and the Companies will pledge to the Agent any investment securities acquired by either Company and held from time to time to so hedge such investments in Mortgage Loans Pledged to the Agent.

Hedge Investments in Mortgage Loans. If at any time during the term of this Agreement, the Companies are Company is hedging their its investments in Mortgage Loans Pledged to the Agent, the Companies Company will prepare their its periodic hedge position reports in form, substance and detail reasonably satisfactory to the Agent and provide a copy of each to the Agent and each Lender when issued, and the Companies Company will pledge to the Agent any investment securities acquired by either the Company and held from time to time to so hedge such its investments in Mortgage Loans Pledged to the Agent.

Hedge Investments in Mortgage Loans. If at any time during the term of this Agreement, the Companies are Company is hedging their its investments in Mortgage Loans Pledged to the Agent, the Companies Company will prepare their its periodic hedge position reports in form, substance and detail reasonably satisfactory to the Agent and provide a copy of each to the Agent and each Lender when issued, and the Companies Company will not pledge to the Agent or otherwise encumber any investment securities acquired by either the Company and held from time to time to so hedge such its investments in Mortgage Loans Pledged to the Agent.