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 4 contracts

Samples: Warehousing Credit and Security Agreement (Mortgageit Holdings Inc), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

AutoNDA by SimpleDocs

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

Appears in 3 contracts

Samples: Credit and Security Agreement (First NLC Financial Services Inc), Credit and Security Agreement (Commercial Capital Bancorp Inc), Credit and Security Agreement (Commercial Capital Bancorp Inc)

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

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Centerline Holding Co), Warehousing Credit and Security Agreement (Centerline Holding Co)

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

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (E Loan Inc)

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

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Municipal Mortgage & Equity LLC)

AutoNDA by SimpleDocs

Pledge of Servicing Contracts. Pledge With respect to Pledged Loans, 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 's Servicing Contracts in full force and effect.

Appears in 1 contract

Samples: Gmac Residential Funding (American Business Financial Services Inc /De/)

Pledge of Servicing Contracts. Pledge Except for the Collection Services Agreement, 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 (WMC Finance Co)

Pledge of Servicing Contracts. Pledge or grant a security interest in any existing or future Servicing Contracts of Borrower other than to Lender, except for Servicing Contracts pledged by Borrower under the Syndicated Agreement (provided that this Section 8.2 shall not apply to any arrangement under which Borrower services loans for a provider of a warehouse line of credit or a Gestation Agreement), 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: Credit and Security Agreement (Homebanc Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.