Common use of Recourse Servicing Contracts Clause in Contracts

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which Borrower notifies Lender under Section 7.2(e), acquire or enter into Servicing Contracts under which Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 2 contracts

Samples: Mortgage Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

AutoNDA by SimpleDocs

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which the Borrower notifies Lender under Section 7.2(e)pursuant hereto, acquire or enter into Servicing Contracts under which the Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Credit and Security Agreement (Walker & Dunlop, Inc.)

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which Borrower notifies Lender under Section 7.2(e)pursuant hereto, acquire or enter into Servicing Contracts under which Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which Borrower notifies Lender under Section 7.2(e)Administrative Agent pursuant hereto, acquire or enter into Servicing Contracts under which Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

AutoNDA by SimpleDocs

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx Mae DUS Mortgage Loans, and conduit originations for which Borrower notifies Lender under Section 7.2(e7.3(e), acquire or enter into Servicing Contracts under which a Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!