Common use of Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements Clause in Contracts

Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements. Borrower represents and warrants to Credit Agent and Lenders that Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.

Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements. The Borrower represents and warrants to Credit Agent and Lenders Lender that the Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.

Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements. Borrower represents and warrants to Credit Administrative Agent and Lenders each Lender that Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.

Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements. Borrower represents Borrowers represent and warrants warrant to Credit Agent and Lenders that Borrower Borrowers will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.

Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements. Borrower represents and warrants to Credit Agent and Lenders Lender that Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.

Special Representation and Warranty Concerning Xxxxxx Xxx DUS Program Reserve Requirements. Each Borrower represents and warrants to Credit Agent Lender, as of the date of this Agreement and Lenders as of the date of each Advance Request and the making of each Advance, that such Borrower will have has met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing an Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.