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 11 contracts

Samples: Master Repurchase Agreement (M.D.C. Holdings, Inc.), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (MDC Holdings Inc)

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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: Credit Agreement (Homebanc Corp), Credit Agreement (Sunset Financial Resources Inc), 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 (or any subservicer for it), the Seller will fully and completely correct and eliminate such imbalance. 16.15.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/)

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: Assignment and Assumption, Assignment and Assumption (Homebanc Corp), 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 for it)either Obligor, the Seller applicable Obligor will fully and completely correct and eliminate such imbalance.

Appears in 2 contracts

Samples: Credit Agreement (Firstcity Financial Corp), Facilities Agreement (Firstcity 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 (or any subservicer Subservicer for it), the Seller will fully and completely correct and eliminate such imbalance. 16.15.

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 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)

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)) pursuant to any Servicing Agreement, the Seller Company will fully and completely promptly correct and eliminate such imbalance.

Appears in 1 contract

Samples: Sale and Servicing Agreement (American Business Financial Services 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 Borrowers (or any subservicer for it), the Seller Borrowers will fully and completely correct and eliminate such imbalance.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Fieldstone Investment Corp)

Promptly Correct Escrow Imbalances. By no later than seven five (75) 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 1 contract

Samples: Credit Agreement (E Loan Inc)

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