Common use of Sale or Pledge of Servicing Contracts Clause in Contracts

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.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Preferred Credit Corp)

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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.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (PMCC Financial Corp)

Sale or Pledge of Servicing Contracts. Sell, pledge or grant ------------------------------------- a security interest in any existing or future Servicing Contracts of the Company pursuant Borrower other than to the terms of 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.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Bingham Financial Services Corp)

Sale or Pledge of Servicing Contracts. Sell, contract to ------------------------------------- sell, pledge or grant ------------------------------------- a security interest in any existing or future Servicing Contracts of the Company Borrower 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.

Appears in 1 contract

Samples: Working Capital Line of Credit and Security Agreement (Homecapital Investment Corp)

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Sale or Pledge of Servicing Contracts. Sell, pledge or grant a ------------------------------------- a security interest in any existing or future Servicing Contracts of the Company pursuant to the terms of this AgreementContracts, or omit to take any action required to keep all such Servicing Contracts in full force and effect.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Preferred Credit Corp)

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