Common use of Release Letter Clause in Contracts

Release Letter. The Lender shall have received from each Borrower a Warehouse Lender’s Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or a Borrower’s Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lender;

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Aames Financial Corp/De), Loan Agreement (Aames Investment Corp)

AutoNDA by SimpleDocs

Release Letter. The Lender shall have received from each Borrower the Borrowers a Warehouse Lender’s 's Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or a Borrower’s Seller's Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lenderLender;

Appears in 2 contracts

Samples: Loan and Security Agreement (American Home Mortgage Holdings Inc), Master Loan and Security Agreement (American Home Mortgage Holdings Inc)

Release Letter. The If applicable, the Lender shall have received from each Borrower the Borrowers a Warehouse Lender’s 's Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or a Borrower’s Seller's Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lender;Lender.

Appears in 1 contract

Samples: Master Loan and Security Agreement (New Century Financial Corp)

Release Letter. The If applicable, the Lender shall have received from each the Borrower a Warehouse Lender’s 's Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or a Borrower’s Seller's Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lenderLender;

Appears in 1 contract

Samples: Master Loan and Security Agreement (New Century Financial Corp)

Release Letter. The Lender shall have received from each the Borrower a Warehouse Lender’s 's Release Letter substantially in the form of Exhibit EXHIBIT E-2 hereto (or such other form acceptable to the Lender) or a Borrower’s Seller's Release Letter substantially in the form of Exhibit EXHIBIT E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lender;

Appears in 1 contract

Samples: Master Loan and Security Agreement (Aames Financial Corp/De)

AutoNDA by SimpleDocs

Release Letter. The If applicable, the Lender shall have received from each the Borrower a Warehouse Lender’s Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or a BorrowerSeller’s Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lender;Lender.

Appears in 1 contract

Samples: Master Loan and Security Agreement (New Century Financial Corp)

Release Letter. The Lender shall have received from each Borrower a Warehouse Lender’s 's Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or a Borrower’s 's Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lender;

Appears in 1 contract

Samples: Master Loan and Security Agreement (Aames Financial Corp/De)

Release Letter. The If applicable, the Lender shall have -------------- received from each the Borrower a Warehouse Lender’s 's Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Lender) or ----------- a Borrower’s Seller's Release Letter substantially in the form of Exhibit E-1 hereto (or ----------- such other form acceptable to the Lender) covering each Mortgage Loan to be pledged to the Lender which was previously pledged to another lender;Lender.

Appears in 1 contract

Samples: Master Loan and Security Agreement (New Century Financial Corp)

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