No Servicer Default. In the case of the Servicer, no event exists and no condition exists, or would result from borrowing of a Loan or from the application of the proceeds therefrom, which constitutes a Servicer Default.
Appears in 3 contracts
Samples: Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.)
No Servicer Default. In the case of the each Servicer, no event exists and no condition exists, or would result from borrowing of a Loan or from the application of the proceeds therefrom, which constitutes a Servicer Default.
Appears in 1 contract
Samples: Loan and Administration Agreement (Commercial Credit, Inc.)
No Servicer Default. In the case of the Servicer, no No event exists has occurred and is continuing and no condition exists, or would result from borrowing of a Loan or from the application of the proceeds therefrom, which constitutes or could reasonably be expected to constitute a Servicer Default.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Horizon Technology Finance Corp)
