Common use of Pledge of Servicing Contracts Clause in Contracts

Pledge of Servicing Contracts. Pledge or grant a security interest in any existing or future Servicing Contracts of Borrower other than to Lender, or omit to take any action required to keep all of Borrower's Servicing Contracts in full force and effect.

Appears in 6 contracts

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (Commercial Capital Bancorp Inc)

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Pledge of Servicing Contracts. Pledge or grant a security interest in any existing or future Servicing Contracts of Borrower other than to Lender, ; or omit to take any action required to keep all of Borrower's Servicing Contracts in full force and effect.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (American Home Mortgage Holdings Inc)

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