Use of Proceeds of Notes. The Issuer shall use the proceeds of Notes solely for one or more of the following purposes: (a) to pay the Issuer’s obligations when due, in accordance with this Indenture; (b) to acquire Eligible Assets from the Seller.
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Samples: Please Insert Social Security (loanDepot, Inc.), Please Insert Social Security (loanDepot, Inc.), Indenture (loanDepot, Inc.)
Use of Proceeds of Notes. The Issuer shall use the proceeds of Notes solely for one or more of the following purposes: (a) to pay the Issuer’s obligations Obligations when due, in accordance with this IndentureSecurity Agreement; (b) to acquire Eligible Assets Loans from the Seller; and (c) to make required deposits to the Reserve Fund.
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Samples: Security Agreement (Accredited Home Lenders Holding Co), Security Agreement (Accredited Home Lenders Holding Co)
Use of Proceeds of Notes. The Issuer shall use the proceeds of Notes solely for one or more of the following purposes: (a) to pay the Issuer’s obligations Obligations when due, in accordance with this IndentureSecurity Agreement; and (b) to acquire Eligible Assets Loans from the SellerSellers.
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Use of Proceeds of Notes. The Issuer shall use the proceeds of Notes solely for one or more of the following purposes: (a) to pay the Issuer’s obligations Obligations when due, in accordance with this Indenturethe Security Agreement; and (b) to acquire Eligible Assets eligible Mortgage Loans from the Seller.
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Samples: PHH Corp
Use of Proceeds of Notes. The Issuer shall use the proceeds of Notes solely for one or more of the following purposes: (a) to pay the Issuer’s obligations Obligations when due, in accordance with this IndentureSecurity Agreement; and (b) to acquire Eligible Assets Loans from the Seller.
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