Common use of Performance of Certain Obligations Clause in Contracts

Performance of Certain Obligations. The Borrower and, so long as the Servicer and the Originator are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Take-Out Commitment on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment comply with the requirements of such Take-Out Commitment.

Appears in 4 contracts

Samples: Loan Agreement (Horton D R Inc /De/), Loan Agreement (Pulte Homes Inc/Mi/), Loan Agreement (Pulte Homes Inc/Mi/)

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Performance of Certain Obligations. The Borrower and, so long as the Servicer and one of the Originator Originators are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Take-Out Commitment on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment comply with the requirements of such Take-Out Commitment.

Appears in 4 contracts

Samples: Loan Agreement, Securitization Agreement, Loan Agreement (Lennar Corp /New/)

Performance of Certain Obligations. The Borrower and, so long as the Servicer and any of the Originator Originators are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Take-Out Commitment on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment comply with the requirements of such Take-Out Commitment.

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

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Performance of Certain Obligations. The Borrower and, so long as the Servicer and any of the Originator Originators are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Loan, Take-Out Commitment and Hedge on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment or Hedge comply with the requirements of such Take-Out CommitmentCommitment or Hedge.

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

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