Common use of Promptly Correct Escrow Imbalances Clause in Contracts

Promptly Correct Escrow Imbalances. By no later than seven (7) Business Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller (or any subservicer for it), the Seller will fully and completely correct and eliminate such imbalance.

Appears in 14 contracts

Samples: Master Repurchase Agreement (M.D.C. Holdings, Inc.), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (Pultegroup Inc/Mi/)

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Promptly Correct Escrow Imbalances. By no later than seven (7) Business Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller (or any subservicer for it), the Seller will fully and completely correct and eliminate such imbalance.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)

Promptly Correct Escrow Imbalances. By no later than seven (7) Business Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller Company (or any subservicer for it), the Seller Company will fully and completely correct and eliminate such imbalance.

Appears in 4 contracts

Samples: Senior Secured Credit Agreement (Homebanc Corp), Senior Secured Credit Agreement (Sunset Financial Resources Inc), Senior Secured Credit Agreement (Long Beach Financial Corp)

Promptly Correct Escrow Imbalances. By no later than seven (7) Business Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller a Company (or any subservicer for it), the Seller Company will fully and completely correct and eliminate such imbalance.

Appears in 3 contracts

Samples: Credit Agreement, Senior Secured Credit Agreement (Homebanc Corp), Senior Secured Credit Agreement (Homebanc Corp)

Promptly Correct Escrow Imbalances. By no later than seven (7) Business Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller (or any subservicer Subservicer for it), the Seller will fully and completely correct and eliminate such imbalance.

Appears in 2 contracts

Samples: Master Repurchase Agreement (M/I Homes, Inc.), Master Repurchase Agreement (Pultegroup Inc/Mi/)

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Promptly Correct Escrow Imbalances. By no later than seven (7) Business Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller (or any subservicer for it)either Obligor, the Seller applicable Obligor will fully and completely correct and eliminate such imbalance.

Appears in 2 contracts

Samples: Warehouse Agreement (Firstcity Financial Corp), Credit Agreement (Firstcity Financial Corp)

Promptly Correct Escrow Imbalances. By no later than seven (7) Business Banking Days after learning (from any source) of any material imbalance in any escrow account(s) maintained by the Seller (or any subservicer for it)Seller, the Seller will fully and completely correct and eliminate such imbalance.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Century Communities, Inc.), Master Repurchase Agreement (Sirva Inc)

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