Servicing of Borrowing Base Assets. Each Borrower shall cause each Borrowing Base Asset to be serviced by the applicable Servicer pursuant to the applicable Servicing Agreement in accordance with servicing practices consistent with practices maintained by other prudent mortgage or mezzanine lenders with respect to mortgage or mezzanine loans of the same type as the Borrowing Base Assets. Notwithstanding the foregoing, neither any Borrowers nor any Servicer shall take any action with respect to any Borrowing Base Asset except as otherwise permitted by Section 6.17.
Servicing of Borrowing Base Assets. Make any change, or permit any Servicer to make any change, in its instructions to the Underlying Obligors regarding payments to be made with respect to the Borrowing Base Assets to any Collection Account, without the prior written consent of the Required Lenders;
Servicing of Borrowing Base Assets. The Borrower shall cause each Borrowing Base Asset to be serviced by the Servicer pursuant to the Servicing Agreement in accordance with servicing practices consistent with practices maintained by other prudent mortgage lenders with respect to mortgage loans of the same type as the Borrowing Base Assets. Notwithstanding the foregoing, neither the Borrower nor the Servicer shall take any action with respect to any Borrowing Base Asset except as otherwise permitted by Section 5.02(q). (i) Any failure by the Servicer to deposit Collections to the Collection Account as set forth in the Servicing Agreement shall be remedied promptly, and in any event within five Business Days after such Collections should have been deposited in accordance with the Servicing Agreement.
Servicing of Borrowing Base Assets. (i) Make any change, or permit the Servicer to make any change, in its instructions to the Underlying Obligors regarding payments to be made with respect to the Borrowing Base Assets to the Collection Account, without the prior written consent of the Required Lenders; (ii) amend or modify Sections 1 and 3 of the Servicing Agreement Joinder or otherwise modify the Servicing Agreement in a manner materially adverse to the Lenders without the consent of the Required Lenders; or (iii) deposit or otherwise credit, or use commercially reasonable efforts to cause to be so deposited or credited, to the Collection Account cash or cash proceeds other than properly identified Collections in respect of the Borrowing Base Assets, Proposed Borrowing Base Assets then owned by the Borrower, assets which formerly were included in the Facility which are still owned by the Borrower or assets otherwise originated or acquired by the Originator for the purpose of adding such assets to the Facility (whether or not added to the Facility). (r)
