Common use of Release Letter Clause in Contracts

Release Letter. If applicable, the Agent shall have received from the applicable Borrower a Warehouse Lender’s Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Agent) or a Seller’s Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Agent) covering each Mortgage Loan to be pledged to the Agent, for the ratable benefit of the Lenders.

Release Letter. If applicable, the Agent shall have received from the applicable Borrower a Warehouse Lender’s Release Letter substantially in the form of Exhibit E-2 hereto (or such other form acceptable to the Agent) or a Seller’s Release Letter substantially in the form of Exhibit E-1 hereto (or such other form acceptable to the Agent) covering each Mortgage Loan to be pledged to the Agent, for the ratable benefit of the LendersLender.

Release Letter. If applicable, the Agent shall have received from the applicable Borrower Seller a Warehouse Lender’s Release Letter substantially in the form of Exhibit E-2 D-2 hereto (or such other form acceptable to the Agent) or a Seller’s Release Letter substantially in the form of Exhibit E-1 D-1 hereto (or such other form acceptable to the Agent) covering each Eligible Mortgage Loan which is subject to a loan agreement, that is to be pledged sold to the Agent, for the ratable benefit of the LendersBuyers hereunder.

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