Common use of Loan Servicing and Application of Payments Clause in Contracts

Loan Servicing and Application of Payments. A. In its handling of the Loan and any collateral security rights under the Loan Documents, the Lender shall exercise the same care and due diligence it exercises when it processes loans and collateral security rights on its own behalf and within the covenants and requirements in Sections 6.5, 6.6, and 6.

Appears in 2 contracts

Samples: Master Loan Participation Agreement, Master Loan Participation Agreement

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Loan Servicing and Application of Payments. A. (A) In its handling of the Loan and any collateral security rights under the Loan Documents, the Lender shall exercise the same care and due diligence it exercises when it processes loans and collateral security rights on its own behalf and within the covenants and requirements in Sections 6.5, 6.6, and 6.

Appears in 2 contracts

Samples: Master Participation Agreement, Master Loan Participation Agreement

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Loan Servicing and Application of Payments. A. 6.2.1 In its handling of the Loan and any collateral Collateral security rights under the Loan Documents, the Lender shall exercise the same care and due diligence it exercises when it processes loans and collateral security rights on its own behalf and within the covenants and requirements in Sections 6.5, 6.6, 6.6 and 6.

Appears in 1 contract

Samples: Master Agreement for Loan Participations and Loan Guarantees

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