Common use of Portfolio Criteria and Limitations Clause in Contracts

Portfolio Criteria and Limitations. The Servicer agrees that as of any date of determination, the Mortgage Loans shall satisfy the Portfolio Criteria, the Eligibility Criteria set forth in clause (i) of the definition thereof, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

Appears in 2 contracts

Samples: Von Karman (New Century Financial Corp), Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)

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Portfolio Criteria and Limitations. The Servicer agrees that as of any date of determination, the Mortgage Loans shall satisfy the Portfolio Criteria, the Eligibility Criteria set forth in clause (i) of the definition thereof, and the Portfolio Aging Limitations and the Wet Funded Loan LimitationLimitations.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)

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Portfolio Criteria and Limitations. The Servicer agrees that as of any date of determination, the Mortgage Loans shall satisfy the Portfolio Criteria, the Eligibility Criteria set forth in clause (i) and (ii) of the definition thereof, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Accredited Home Lenders Holding Co)

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