Common use of Loss of Eligibility Clause in Contracts

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers to lose all or any part of their status as an eligible lender, seller/servicer and issuer as described under Section 0 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Novastar Financial Inc)

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Loss of Eligibility. Take any action that would cause the any ------------------- Borrowers Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and issuer as described under Section 0 hereof5.13 hereof or in any Borrower Addition Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (WMF Group LTD)

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and issuer as described under Section 0 hereofor issuer.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Matrix Bancorp Inc)

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers to lose all or any part of their status as an eligible lender, seller/servicer and issuer as described under Section 0 5.13 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (BNC Mortgage Inc)

Loss of Eligibility. Take any action or fail to take any action that would cause the ------------------- Borrowers any Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and or issuer as described under Section 0 hereof9.1.

Appears in 1 contract

Samples: Mortgage Warehouse (Centerline Holding Co)

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers to lose all or any part of their status as an eligible lender, seller/servicer and issuer as described under Section 0 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (American Business Financial Services Inc /De/)

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers any Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and or issuer as described under Section 0 hereof2.3.

Appears in 1 contract

Samples: Credit and Security Agreement (Lennar Corp /New/)

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Loss of Eligibility. Take any action that would cause the ------------------- Borrowers any Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and or issuer as described under Section 0 hereof.9.1. Dated: 5/23/2003 Amended: 6/11/2004

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Municipal Mortgage & Equity LLC)

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers either Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and issuer as described under Section 0 5.13 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (WMF Group LTD)

Loss of Eligibility. Take any action that would cause the ------------------- Borrowers Borrower to lose all or any part of their its status as an eligible lender, seller/servicer and issuer as described under Section 0 5.13 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Bingham Financial Services Corp)

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