Common use of Servicer; Servicing Tape Clause in Contracts

Servicer; Servicing Tape. The Borrower shall provide to the Lender on the tenth Business Day of each month a computer readable file containing servicing information, including without limitation those fields specified by the Lender from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Mortgage Loans serviced hereunder by the Borrower or any Servicer. The Borrower shall not cause the Mortgage Loans to be serviced by any servicer other than a servicer expressly approved in writing by the Lender.

Appears in 2 contracts

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

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Servicer; Servicing Tape. The Borrower shall provide to the Lender on the tenth (10th) Business Day of each month a computer readable file containing servicing information, including including, without limitation limitation, those fields specified by the Lender from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Mortgage Loans serviced hereunder by the Borrower or any Servicer. The Borrower shall not cause the Mortgage Loans to be serviced by any servicer other than a servicer expressly approved in writing by the Lender.

Appears in 1 contract

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

Servicer; Servicing Tape. The Borrower shall provide to the ------------------------ Lender on the tenth (10/th/) Business Day of each month a computer readable file containing servicing information, including including, without limitation limitation, those fields specified by the Lender from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Mortgage Loans serviced hereunder by the Borrower or any Servicer. The Borrower shall not cause the Mortgage Loans to be serviced by any servicer other than a servicer expressly approved in writing by the Lender.

Appears in 1 contract

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

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Servicer; Servicing Tape. The Borrower Borrowers shall provide to the Lender on the tenth (10th) Business Day of each month a computer readable file containing servicing information, including including, without limitation limitation, those fields specified by the Lender from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Mortgage Loans serviced hereunder by the Borrower Borrowers or any Servicer. The Borrower Borrowers shall not cause the Mortgage Loans to be serviced by any servicer other than a servicer expressly approved in writing by the Lender.

Appears in 1 contract

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

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