MORTGAGE COMPANY OFFICES Sample Clauses

MORTGAGE COMPANY OFFICES. The parties recognize that certain State ------------------------ Licensing Requirements apply to the Mortgage Company Offices. To that end, during the Term, the Bank shall continue to lease and remain obligated to landlords under the office leases relating to the Mortgage Company Offices, and shall pay all rent, utilities, insurance and other costs related to the operation and maintenance of such offices, as well as to the loan production and origination functions conducted at the Mortgage Company Offices, including all personnel costs, telephones, and other Operating Expenses ("Office Expenses"). Such Office Expenses shall be paid during the Term by the Bank, and following expiration of the Term by the Mortgage Company. To the extent the Bank retains any liability to landlords for periods following the expiration of the Term respecting the leases of the Mortgage Company Offices, the Mortgage Company shall indemnify and hold the Bank harmless from any such liabilities. The Mortgage Company shall not charge the Bank for use of the Mortgage Company Office assets, which have been sold to the Mortgage Company and the Bank may after July 1 acquire the assets necessary to originate and fund subprime mortgage loans. Such assets acquired by the Bank after July 1 shall be sold to the Mortgage Company at net book value upon satisfaction of State Licensing Requirements but not later than December 31, 1997.
Sample 1
AutoNDA by SimpleDocs

Related to MORTGAGE COMPANY OFFICES

  • Offices The provisions of Section 10(a) will apply to this Agreement.

  • Executive Offices The principal place of business and chief executive office of Borrower, and the office where Borrower will keep all records and files regarding the Collateral, is set forth on the cover page of this Agreement.

  • Registered Office; Registered Agent; Principal Office in the United States; Other Offices The registered office of the Company required by the Act to be maintained in the State of Delaware shall be the office of the initial registered agent named in the Delaware Certificate or such other office (which need not be a place of business of the Company) as the Management Committee may designate in the manner provided by Law. The registered agent of the Company in the State of Delaware shall be the initial registered agent named in the Delaware Certificate or such other Person or Persons as the Management Committee may designate in the manner provided by Law. The principal office of the Company in the United States shall be at such place as the Management Committee may designate, which need not be in the State of Delaware, and the Company shall maintain records there or such other place as the Management Committee shall designate and shall keep the street address of such principal office at the registered office of the Company in the State of Delaware. The Company may have such other offices as the Management Committee may designate.

  • Executive Office; Maintenance of Offices The Seller shall give Ally Auto written notice within ten (10) days of any relocation of its principal executive office if, as a result of such relocation, the applicable provisions of the UCC would require the filing of any amendment of any previously filed financing or continuation statement or of any new financing statement. The Seller shall at all times maintain each office from which it originates Receivables and its principal executive office within the United States of America.

  • Name; State of Organization; Chief Executive Office; Collateral Locations (a) The exact legal name of each Borrower and Guarantor is as set forth on the signature page of this Agreement and in the Information Certificate. No Borrower or Guarantor has, during the five years prior to the date of this Agreement, been known by or used any other corporate or fictitious name or been a party to any merger or consolidation, or acquired all or substantially all of the assets of any Person, or acquired any of its property or assets out of the ordinary course of business, except as set forth in the Information Certificate.

  • Registered Office; Registered Agent; Principal Office; Other Offices Unless and until changed by the General Partner, the registered office of the Partnership in the State of Delaware shall be located at 0000 Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000, and the registered agent for service of process on the Partnership in the State of Delaware at such registered office shall be The Corporation Trust Company. The principal office of the Partnership shall be located at 0000 XxXxxxxx Xxxxxx, Houston, Texas 77010, or such other place as the General Partner may from time to time designate by notice to the Limited Partners. The Partnership may maintain offices at such other place or places within or outside the State of Delaware as the General Partner determines to be necessary or appropriate. The address of the General Partner shall be 0000 XxXxxxxx Xxxxxx, Houston, Texas 77010, or such other place as the General Partner may from time to time designate by notice to the Limited Partners.

  • Principal Offices As of the Closing Date, the principal office, chief executive office and principal place of business of the Borrower is Txx Xxxxx Xxxxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx 00000.

  • Resident Agent and Registered Office The Company’s registered agent in Nevada is National Registered Agents, Inc. of NV, located at 000 X. Xxxxxxxx Xx., Xxxxxx Xxxx, Xxxxxx 00000.

  • Other Offices The Corporation may also have offices at such other places both within and without the State of Delaware as the Board of Directors may from time to time determine or the business of the Corporation may require.

  • Chief Executive Office; Collateral Locations The chief executive office of Borrower and Borrower's Records concerning Accounts are located only at the address set forth below and its only other places of business and the only other locations of Collateral, if any, are the addresses set forth in the Information Certificate, subject to the right of Borrower to establish new locations in accordance with Section 9.2 below. The Information Certificate correctly identifies any of such locations which are not owned by Borrower and sets forth the owners and/or operators thereof and to the best of Borrower's knowledge, the holders of any mortgages on such locations.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!