Common use of Servicing Agent Confirmation Clause in Contracts

Servicing Agent Confirmation. If requested by Lender, Borrower will provide Lender with written confirmation from the Servicing Agent that it has not received any claim of set-off by the Purchaser under the Note Receivable against which Lender is making an Advance. 

Appears in 3 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Loan and Security Agreement (Bluegreen Vacations Corp), Loan and Security Agreement (BBX Capital Corp)

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Servicing Agent Confirmation. If requested by Lender, Borrower will provide Lender with written confirmation from the Servicing Agent that it has not received any claim of set-off by the Purchaser under the Note Receivable against which Lender is making an Advance. .

Appears in 2 contracts

Samples: Loan and Security Agreement (BBX Capital Corp), Loan and Security Agreement (BFC Financial Corp)

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