Servicing of Loan Documents Sample Clauses

Servicing of Loan Documents. Consistent with the Purchaser's ownership, as between the parties to this Agreement, of all Acquired Advances and other Acquired Assets, and subject to the terms of the Loan Documents and the rights of the Servicer under the Credit Agreement, the Purchaser shall have the sole right to service, administer and collect all Acquired Advances and other Related Security, to assign such right and to delegate such right to others. In consideration of the Purchaser's purchase of the Purchased Assets, and as more fully set forth in Section 9.4, the Seller hereby acknowledges and agrees that the Purchaser shall assign to the Collateral Agent for the benefit of the Secured Creditors the rights and interests granted by the Seller to the Purchaser hereunder and that the Purchaser and the Collateral Agent have agreed for the Seller, at least initially, to service the Acquired Assets. The Seller agrees to cooperate fully with the Servicer, the Purchaser and the Collateral Agent in the exercise of such rights.
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Servicing of Loan Documents. Consistent with the Owner Trust's ownership of all Assigned Assets, and subject to the terms of the Servicing Agreement and the rights of the Servicer thereunder, the Owner Trust shall have the sole right to service, manage and administer all Assigned Assets, to assign such right, and to delegate such right to others. The Origination Trust agrees to cooperate fully with the Servicer, the Owner Trust and any assignee of the Owner Trust in the exercise of such rights.
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Servicing of Loan Documents. 10 SECTION 8.
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Servicing of Loan Documents. Consistent with the Origination Trust's ownership of all Assigned Assets, and subject to the terms of the Servicing Agreement and the rights of the Servicer thereunder, the Origination Trust shall have the sole right to service, manage and administer all Assigned Assets, to assign such right, and to delegate such right to others. Charter agrees to cooperate fully with the Servicer, the Origination Trust and any assignee of the Origination Trust in the exercise of such rights.
Sample 1

Related to Servicing of Loan Documents

  • Mortgage Loan Documents 2. Residential loan application.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • Execution of Loan Documents; Borrowing Base Certificate The Borrowers hereby empower and authorize the Borrower Representative, on behalf of the Borrowers, to execute and deliver to the Administrative Agent and the Lenders the Loan Documents and all related agreements, certificates, documents, or instruments as shall be necessary or appropriate to effect the purposes of the Loan Documents, including, without limitation, the Borrowing Base Certificates and the Compliance Certificates. Each Borrower agrees that any action taken by the Borrower Representative or the Borrowers in accordance with the terms of this Agreement or the other Loan Documents, and the exercise by the Borrower Representative of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Borrowers.

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

  • Confirmation of Loan Documents Except as expressly contemplated hereby, the terms, provisions, conditions and covenants of the Credit Agreement, as amended by this Amendment, and the other Loan Documents remain in full force and effect and are hereby ratified and confirmed, and the execution, delivery and performance of this Amendment shall not, except as expressly set forth in this Amendment, operate as a waiver of, consent to or amendment of any term, provision, condition or covenant thereof. Without limiting the generality of the foregoing, except pursuant hereto or as expressly contemplated or amended hereby, nothing contained herein shall be deemed: (a) to constitute a waiver of compliance or consent to noncompliance by any Loan Party with respect to any term, provision, condition or covenant of the Credit Agreement or any other Loan Document; (b) to prejudice any right or remedy that the Administrative Agent or any Lender may now have or may have in the future under or in connection with the Credit Agreement or any other Loan Document; or (c) to constitute a waiver of compliance or consent to noncompliance by the Borrower with respect to the terms, provisions, conditions and covenants of the Credit Agreement and the other Loan Documents made the subject hereof.

  • Modification of Loan Documents At any time or from time to time and any number of times, without notice to Guarantor and without affecting the liability of Guarantor, all of the following will apply:

  • Perform Loan Documents Borrower shall observe, perform and satisfy all the terms, provisions, covenants and conditions of, and shall pay when due all costs, fees and expenses to the extent required under the Loan Documents executed and delivered by, or applicable to, Borrower.

  • Correction of Loan Documents Bank may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties.

  • Required Loan Documents The Collateral Custodian will not dispose of any documents constituting the Required Loan Documents in any manner that is inconsistent with the performance of its obligations as the Collateral Custodian pursuant to this Agreement and will not dispose of any Collateral Portfolio except as contemplated by this Agreement.

  • Modification of Loan Documents, etc Neither the Administrative Agent nor any other Secured Party shall incur any liability to any Guarantor as a result of any of the following, and none of the following shall impair or release this Guaranty or any of the obligations of any Guarantor under this Guaranty:

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