Common use of Hypothecation or Pledge of Loans Clause in Contracts

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. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the Borrowers. Notwithstanding the foregoing, no such pledge, repledge, transfer, hypothecation or rehypothecation shall impair the Borrower's rights with respect to the Collateral hereunder.

Hypothecation or Pledge of Loans. The Each Lender shall have free and unrestricted use of all Collateral and nothing in this Loan Agreement shall preclude the Lender Lenders 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 Agent or the Lenders to segregate any Collateral delivered to the Lender Agent or the Lenders by the Borrowers. Notwithstanding the foregoing, no such pledge, repledge, transfer, hypothecation or rehypothecation shall impair the Borrower's rights with respect to the Collateral hereunder.

Hypothecation or Pledge of Loans. The Subject to the rights of the Mortgagors under the Mortgage 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. Nothing contained in this Loan Agreement shall obligate the Lender to segregate any Collateral delivered to the Lender by the BorrowersBorrower. Notwithstanding Without limiting the foregoing, no such pledge, repledge, transfer, hypothecation or rehypothecation shall impair the BorrowerLender's rights with respect pursuant to the Collateral hereunderpreceding sentences, anything to the contrary herein notwithstanding, the Lender agrees that it will not syndicate or participate the Loans to any other Person.