Sale or Pledge of Servicing Contracts. Sell, pledge or grant a security interest in any existing or future Servicing Contracts of the Company other than to the Lender, except as otherwise expressly permitted in this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect; provided, however, that if no Default or Event of Default has occurred and is continuing, servicing on individual Mortgage Loans may be sold concurrently with and incidental to the sale of such Mortgage Loans (with servicing released) in the ordinary course of the Company's business.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a ------------------------------------- security interest in any existing or future Servicing Contracts, or omit to take any action required to keep all such Servicing Contracts in full force and effect.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a security interest in any existing or future Servicing Contracts of the Company other than to the Lender, except as otherwise expressly permitted in this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect; provided, however, that if no Default or Event of Default has occurred and is continuing, servicing on individual Mortgage Loans may be sold concurrently with and incidental to the sale of such Mortgage Loans (with servicing released) in the ordinary course of the Company's business; provided, if no Default or Event of Default has occurred and is continuing, the Company may sell, pledge or grant a security interest in such existing and future Servicing Contracts for the servicing of not in excess of twenty percent (20%) of the total dollar amount of the outstanding principal balances of all Mortgage Loans serviced by the Company.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a ------------------------------------- security interest in any existing or future Servicing Contracts of any Borrower or acquired in any Servicing Acquisition other than to the Credit Agent for the benefit of the Secured Parties, or omit to take any action required to keep all such Servicing Contracts in full force and effect; provided, however, that if no Default or Event of Default has occurred and is continuing, (a) servicing on individual Mortgage Loans may be sold concurrently with and incidental to the sale of such Mortgage Loans (with servicing released) in the ordinary course of the Borrowers' business, and (b) Servicing Contracts may be sold by the Borrowers or any Subsidiary of the Borrowers in the ordinary course of business as long as (i) after giving effect to any such sale, the requirements of Section 7.11 will be satisfied, and (ii) after giving effect to any prepayments of Servicing Facility Advances made with the proceeds of such sale, no further prepayments will be required pursuant to Section 2.10(l) hereof.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a security interest in any existing or future Servicing Contracts of the Company pursuant to the terms of this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a ------------------------------------- security interest in any existing or future Servicing Contracts of the Company other than to the Lender, except as otherwise expressly permitted in this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect; provided, however, that (a) the Company may at any time sell Pledged Mortgages or other Mortgage Loans on a servicing- released basis, provided that, in the case of Pledged Mortgages, the Release Amount with respect to each Pledged Mortgage is paid to the Lender, and (b) if no Default or Event of Default has occurred and is continuing under Section 8.1(a) or 8.1(c)(ii) hereof, Servicing Contracts not included in the Servicing Collateral may be sold and pledged.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a ------------------------------------- security interest in any existing or future Servicing Contracts of the Borrowers other than to the Lender, except as otherwise expressly permitted in this Agreement, or omit to take any reasonable action required to keep substantially all of such Servicing Contracts in full force and effect; provided, however, that if no Default or Event of Default has occurred and is continuing, servicing on Mortgage Loans that are not Pledged Mortgages may be sold or pledged as collateral, subject to the other terms and conditions of this Agreement.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a security interest in any existing or future Servicing Contracts of the Company other than to the Credit Agent for the benefit of the Secured Parties, except as otherwise expressly permitted in this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect; provided, however, that if no Default or Event of Default has occurred and is continuing, servicing on individual Mortgage Loans may be sold concurrently with and incidental to the sale of such Mortgage Loans (with servicing released) in the ordinary course of the Company's business.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a security interest in any existing or future Servicing Contracts of the Company other than to the Lender, except as otherwise expressly permitted in this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect.
Sale or Pledge of Servicing Contracts. Sell, pledge or grant a security interest in any existing or future Servicing Contracts of the Borrowers other than to the Lender, excepting therefrom any such Servicing Contracts pledged as collateral for mortgage warehouse lines of credit, except as otherwise expressly permitted in this Agreement, or omit to take any action required to keep all such Servicing Contracts in full force and effect; provided, however, that if no Default or Event of Default has occurred and is continuing, servicing on individual Mortgage Loans may be sold concurrently with and incidental to the sale of such Mortgage Loans (with servicing released) in the ordinary course of the Borrowers' business.
