Common use of Special Negative Covenants Concerning Collateral Clause in Contracts

Special Negative Covenants Concerning Collateral. (a) Amend or modify, or waive any of the terms and conditions of, or settle or compromise any claim in respect of, any Pledged Mortgages or Pledged Securities.

Appears in 5 contracts

Samples: Warehousing Credit and Security Agreement (Sirva Inc), Warehousing Credit and Security Agreement (Sirva Inc), Credit and Security Agreement (Iown Holdings Inc)

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Special Negative Covenants Concerning Collateral. (a) Amend or modify, or waive any of the terms and conditions of, or settle or compromise any claim in respect of, any Pledged Mortgages Assets, except for amendments to correct errors and amendments or waivers which are not material to the applicable Pledged SecuritiesAsset.

Appears in 3 contracts

Samples: Warehousing Credit and Security Agreement (Centerline Holding Co), Warehousing Credit and Security Agreement (Centerline Holding Co), Warehousing Credit and Security Agreement (Centerline Holding Co)

Special Negative Covenants Concerning Collateral. (a) Amend or modifyCompromise, extend, release, or waive adjust payments on any Pledged Mortgage, accept a conveyance of the terms and conditions ofMortgaged Property in full or partial satisfaction of any Pledged Mortgage, or settle or compromise any claim in respect of, release any Pledged Mortgages Mortgage securing or underlying any Pledged Securities.Mortgage;

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Nab Asset Corp)

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Special Negative Covenants Concerning Collateral. (a7.12(a) Amend or Amend, modify, or waive any of the terms and conditions of, or settle or compromise any claim in respect of, any Pledged Mortgages or Pledged Securities.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Novastar Financial Inc)

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