Common use of Maintenance of Papers, Records and Files Clause in Contracts

Maintenance of Papers, Records and Files. Seller and each Guarantor shall require, and Seller or either Guarantor shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Seller or either Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 5 contracts

Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)

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Maintenance of Papers, Records and Files. Each Seller and each Guarantor shall require, and each Seller or either Guarantor the Guarantors of the Purchased Assets shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Each Seller or either Guarantor the Guarantors of the Purchased Assets will maintain or cause to be maintained all such Records not in the possession of Custodian Buyer in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 4 contracts

Samples: Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc)

Maintenance of Papers, Records and Files. The related Seller and each the Guarantor shall require, and the related Seller or either the Guarantor shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. The related Seller or either the Guarantor will maintain or cause to be maintained all such Records not in the possession of the Custodian in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 2 contracts

Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)

Maintenance of Papers, Records and Files. Related Seller and each Guarantor shall require, and related Seller or either Guarantor shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Related Seller or either Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 2 contracts

Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)

Maintenance of Papers, Records and Files. Each Seller and each Guarantor shall require, and each Seller or either Guarantor the Guarantors of the Purchased Assets shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Each Seller or either Guarantor the Guarantors of the Purchased Assets will maintain or cause to be maintained all such Records not in the possession of Custodian Buyers in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

Maintenance of Papers, Records and Files. Each Seller and each the Guarantor shall require, and each Seller or either the Guarantor shall build, maintain and have available, a complete file in accordance with applicable lending industry custom and practice for each Purchased Asset. Each Seller or either the Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with applicable industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

Maintenance of Papers, Records and Files. Seller The Sellers and each the Guarantor shall require, and Seller the Sellers or either the Guarantor shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased AssetSecurity. Seller The Sellers or either the Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian the Buyers in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

Maintenance of Papers, Records and Files. Each Seller and each the Guarantor shall require, and each Seller or either the Guarantor of the Purchased Assets shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Each Seller or either the Guarantor of the Purchased Assets will maintain or cause to be maintained all such Records not in the possession of Custodian Buyer in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

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Maintenance of Papers, Records and Files. Seller and each Guarantor shall requireacquire, and Seller Seller, the Guarantors or either Guarantor the Servicer of the Purchased Assets shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Seller Seller, the Guarantors or either Guarantor the Servicer of the Purchased Assets will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (American Business Financial Services Inc /De/)

Maintenance of Papers, Records and Files. Seller and each Guarantor ---------------------------------------- shall require, and Seller or either Guarantor shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Seller or either Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

Maintenance of Papers, Records and Files. Each Seller and each the Guarantor shall require, and each Seller or either the Guarantor shall build, maintain and have available, a complete file in accordance with applicable lending industry custom and practice for each Purchased AssetAsset (and each Purchased Interest therein) and each item of Collateral. Each Seller or either the Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with applicable industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

Maintenance of Papers, Records and Files. Each Seller and each Guarantor shall require, and each Seller or either Guarantor of the Purchased Assets shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased Asset. Each Seller or either Guarantor of the Purchased Assets will maintain or cause to be maintained all such Records not in the possession of Custodian Buyer in good and complete condition in accordance with industry practices and preserve them against lossloss or destruction.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

Maintenance of Papers, Records and Files. Seller and each Guarantor shall requireacquire, and Seller or either Guarantor shall build, maintain and have available, a complete file in accordance with lending industry custom and practice for each Purchased AssetLoan. Seller or either Guarantor will maintain or cause to be maintained all such Records not in the possession of Custodian in good and complete condition in accordance with industry practices and preserve them against loss.

Appears in 1 contract

Samples: Master Repurchase Agreement (New York Mortgage Trust Inc)

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