Common use of Pursuant to an Assignment Clause in Contracts

Pursuant to an Assignment. the Borrower shall grant to the Administrative Agent for the benefit of the holders of the Obligations, from the Borrowing Date of each Special Borrowing, a perfected, first-priority security interest in the Mortgage Loans identified in Schedule II to said Assignment (such Mortgage Loans being sometimes called “Special Mortgage Loans”);

Appears in 2 contracts

Samples: Loan Agreement, Securitization Agreement

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Pursuant to an Assignment. the Borrower shall grant to the Administrative Agent for the benefit of the holders of the Obligations, from the Borrowing Date of each Special Borrowing, a perfected, first-priority security interest in the Mortgage Loans identified in Schedule II to said Assignment (such Mortgage Loans being sometimes called "Special Mortgage Loans”)";

Appears in 2 contracts

Samples: Loan Agreement (Pulte Homes Inc/Mi/), Loan Agreement (Pulte Homes Inc/Mi/)

Pursuant to an Assignment. the Borrower shall grant to the Administrative Agent for the benefit of the holders of the Obligations, from the Borrowing Date of each Special Wet Borrowing, a perfected, first-priority security interest in the Mortgage Loans identified in Schedule II III to said Assignment (such Mortgage Loans being sometimes called “Special Mortgage "Wet Loans”)";

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

Pursuant to an Assignment. the Borrower shall grant to the Administrative Agent for the benefit of the holders of the Obligations, from the Borrowing Date of each Special Wet Borrowing, a perfected, first-priority security interest in the Mortgage Loans identified in Schedule II III to said Assignment (such Mortgage Loans being sometimes called “Special Mortgage "Wet Loans," it being understood that the term "Wet Loans" shall include Advanced Funds);

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

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Pursuant to an Assignment. the Borrower shall grant to the Administrative Agent for the benefit of the holders of the Obligations, from the Borrowing Date of each Special Borrowing, a perfected, first-priority security interest in the Mortgage Loans identified in Schedule II III to said Assignment (such Mortgage Loans being sometimes called "Special Mortgage Loans”)";

Appears in 1 contract

Samples: Loan Agreement (Horton D R Inc /De/)

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