Common use of Separate Request for Each Borrowing Clause in Contracts

Separate Request for Each Borrowing. A separate Request for Borrowing shall be made for each Borrowing, which, when appropriately completed and with (i) a current Total Pledged Servicing List (provided that no Total Pledged Servicing List shall be required until the Companies shall first pledge Servicing Rights to the Agent) and (ii) if new Single-family Collateral is being pledged, a Submission List attached, may include requests for Borrowings to finance any type or types of Eligible Collateral.

Appears in 2 contracts

Samples: Assignment and Assumption, Assignment and Assumption (Homebanc Corp)

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Separate Request for Each Borrowing. A separate Request for Borrowing shall be made for each Borrowing, which, when appropriately completed and with (i) a current Total Pledged Servicing List (provided that no Total Pledged Servicing List shall be required until the Companies shall first pledge Servicing Rights to the Agent), (ii) a current Total Pledged MBS List and (iiiii) if new Single-family Collateral is being pledged, a Submission List attached, may include requests for Borrowings to finance any type or types of Eligible Collateral.

Appears in 1 contract

Samples: Credit Agreement (Homebanc Corp)

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Separate Request for Each Borrowing. A separate Request for Borrowing shall be made for each Borrowing, which, when appropriately completed and with (i) a current Total Pledged Servicing List (provided that no Total Pledged Servicing List shall be required until the Companies Company shall first pledge Servicing Rights to the Agent), (ii) a current Total Pledged MBS List and (iiiii) if new Single-family Collateral is being pledged, a Submission List attached, may include requests for Borrowings to finance any type or types of Eligible Collateral.

Appears in 1 contract

Samples: Credit Agreement (Homebanc Corp)

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