Common use of Release of Loan Documents Following a Lien Release Dividend Clause in Contracts

Release of Loan Documents Following a Lien Release Dividend. To the extent that portions of Transferred Loans are transferred pursuant to a Lien Release Dividend under Section 2.17 and such portions of Transferred Loans are part of a Permitted Transfer, the Collateral Custodian may, but only with the Deal Agent’s prior written consent, and upon terms and conditions satisfactory to the Deal Agent, including without limitation the execution by the servicer of such portions of such Transferred Loans of all such documents as the Deal Agent may require, release original Loan Documents (excluding the related original Underlying Note(s)) evidencing the portion of the Transferred Loan remaining as part of the Collateral) to the servicer of such portions of Transferred Loans for the purposes of enforcing or servicing such Loans in connection with a Permitted Transfer.

Release of Loan Documents Following a Lien Release Dividend. To the extent that portions of Transferred Loans are transferred pursuant to a Lien Release Dividend under Section 2.17 2.16 and such portions of Transferred transferred Loans are part of a Permitted TransferSecuritization Transaction, the Collateral Custodian Trustee may, but only with the Deal Agent’s prior written consent, and upon terms and conditions satisfactory to the Deal Agent, including without limitation the execution by the servicer of such portions of such Transferred the sold Loans of all such documents as the Deal Agent may require, release original Loan Documents (excluding the related original Underlying Note(s)) evidencing the portion of the Transferred Loan remaining as part of the Collateral) to the servicer of such portions of sold Transferred Loans for the purposes of enforcing or servicing such Loans in connection with a Permitted TransferSecuritization Transaction.

Release of Loan Documents Following a Lien Release Dividend. To the extent that portions of Transferred Loans are transferred pursuant to a Lien Release Dividend under Section 2.17 and such portions of Transferred transferred Loans are part of a Permitted TransferSecuritization Transaction, the Collateral Custodian may, but only with the Deal Agent’s prior written consent, and upon terms and conditions satisfactory to the Deal Agent, including without limitation the execution by the servicer of such portions of such Transferred the sold Loans of all such documents as the Deal Agent may reasonably require, release original Loan Documents (excluding the related original Underlying Note(s)) evidencing the portion of the Transferred Loan remaining as part of the Collateral) to the servicer of such portions of sold Transferred Loans for the purposes of enforcing or servicing such Loans in connection with a Permitted TransferSecuritization Transaction.

Release of Loan Documents Following a Lien Release Dividend. To the extent that portions of Transferred Loans are transferred pursuant to a Lien Release Dividend under Section 2.17 and such portions of Transferred transferred Loans are part of a Permitted TransferSecuritization Transaction, the Collateral Custodian may, but only with the Deal Agent’s prior written consent, and upon terms and conditions satisfactory to the Deal Agent, including without limitation the execution by the servicer of such portions of such Transferred the sold Loans of all such documents as the Deal Agent may require, release original Loan Documents (excluding the related original Underlying Note(s)) evidencing the portion of the Transferred Loan remaining as part of the Collateral) to the servicer of such portions of Transferred sold Loans for the purposes of enforcing or servicing such Loans in connection with a Permitted TransferSecuritization Transaction.

Release of Loan Documents Following a Lien Release Dividend. To the extent that portions of Transferred Loans are transferred pursuant to a Lien Release Dividend under Section 2.17 and such portions of Transferred transferred Loans are part of a Permitted TransferSecuritization Transaction, the Collateral Custodian may, but only with the Deal Agent’s prior written consent, and upon terms and conditions satisfactory to the Deal Agent, including without limitation the execution by the servicer of such portions of such Transferred the sold Loans of all such documents as the Deal Agent may require, release original Loan Documents (excluding the related original Underlying Note(s)) evidencing the portion of the Transferred Loan remaining as part of the Collateral) to the servicer of such portions of sold Transferred Loans for the purposes of enforcing or servicing such Loans in connection with a Permitted TransferSecuritization Transaction.