Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject to conditions, within the Lender’s absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers.
Appears in 2 contracts
Samples: Master Loan and Security Agreement (Aames Investment Corp), Master Loan and Security Agreement (Aames Financial Corp/De)
Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject to conditions, within the Lender’s absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the BorrowersBorrower, however the Lender shall be obligated to deliver the Collateral back to the Borrower in accordance with, and subject to, the provisions of this Loan Agreement.
Appears in 1 contract
Samples: Master Loan and Security Agreement (Allied Capital Corp)
Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from form engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject to conditions, within the Lender’s absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers., however the
Appears in 1 contract
Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject to conditions, within the Lender’s 's absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers.
Appears in 1 contract
Samples: Master Loan and Security Agreement (Aames Financial Corp/De)
Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject to conditions, within the Lender’s absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the BorrowersBorrower.
Appears in 1 contract
Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject to conditions, within the Lender’s absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers, however the Lender shall be obligated to deliver the Collateral back to the Borrowers in accordance with, and subject to, the provisions of this Loan Agreement.
Appears in 1 contract
Samples: Master Loan and Security Agreement (Allied Capital Corp)
Hypothecation or Pledge of Loans. The Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with all or a portion of the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating all or a portion of the Collateral, on terms, and subject to conditions, within the Lender’s absolute discretion. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers.
Appears in 1 contract
Samples: Loan and Security Agreement (Pennymac Financial Services, Inc.)
Hypothecation or Pledge of Loans. The Lender shall have free -------------------------------- and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender from engaging in repurchase transactions with the Collateral or otherwise pledging, repledging, transferring, hypothecating, or rehypothecating the Collateral, on terms, and subject ; provided that the Lender shall comply with its obligations to conditions, within the Lender’s absolute discretion. Nothing contained Borrower with respect to the Collateral otherwise set forth in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers.including, but not limited to, Section 2.08 and 2.09
Appears in 1 contract
Samples: Master Loan and Security Agreement (Franchise Mortgage Acceptance Co)
