Common use of Remittance of Prepayments Clause in Contracts

Remittance of Prepayments. The Borrowers shall remit, with sufficient detail to enable the Agent to appropriately identify the Mortgage Loan to which any amount remitted applies, to the Agent on each Remittance Date all principal prepayments that the Borrowers have received since the prior Remittance Date.

Appears in 4 contracts

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

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Remittance of Prepayments. The Borrowers Borrower shall remit, with sufficient detail to enable the Agent Lender to appropriately identify the Mortgage Loan to which any amount remitted applies, to the Agent Lender on each Remittance Date all principal prepayments that the Borrowers have Borrower has received since the prior Remittance Date.

Appears in 1 contract

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

Remittance of Prepayments. The Borrowers shall remit, with sufficient detail to enable the Agent Lender to appropriately identify the Mortgage Loan to which any amount remitted applies, to the Agent Lender on each Remittance Date all principal prepayments that the Borrowers have received since the prior Remittance Date.

Appears in 1 contract

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

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Remittance of Prepayments. The Borrowers Borrower shall remit, with ------------------------- sufficient detail to enable the Agent Lender to appropriately identify the Mortgage Loan to which any amount remitted applies, to the Agent Lender on each Remittance Date all principal prepayments that the Borrowers have Borrower has received since the prior Remittance Date.

Appears in 1 contract

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

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