VA Guaranties and FHA Insurance. Not commit or suffer to be committed any act which would invalidate the guarantee of the VA or insurance by the FHA or cause any impairment to the validity of or priority of the lien on the Collateral created hereby in favor of Agent.
VA Guaranties and FHA Insurance. Not, and not permit any ------------------------------- Subsidiary to, commit or suffer to be committed any act which would invalidate the guaranty of the VA or the insurance by the FHA or cause any impairment to the validity of or priority of the lien securing any Mortgage Loan pledged to the Banks under the Pledge and Security Agreement.
VA Guaranties and FHA Insurance. The Company shall not commit or suffer to be committed any act which would invalidate the guarantee of the VA or insurance by FHA or cause any impairment to the validity of or priority of the mortgage lien which secures any of the Loans, pledged to the Bank hereunder. In the event that any such guarantee or insurance should lapse or otherwise be invalidated, the Company shall, within fifteen (15) calendar days of such lapse or invalidation, cause the Loan affected by such lapse or invalidation to be removed from Collateral, with either (i) substitution of such other property constituting Collateral hereunder of at least equal value, or (ii) payment of the Warehouse Advance made by the Bank with respect to such Loan.
VA Guaranties and FHA Insurance. Commit any act that would invalidate any VA guarantee or FHA insurance relating to any Mortgage Loan constituting a Purchased Loan if, after giving pro-forma effect to such action, a Potential Default or Event of Default will have occurred.
VA Guaranties and FHA Insurance. Not commit or suffer to be committed ------------------------------- any act which would invalidate the guarantee of the Veterans Administration ("VA") or insurance by the Federal Housing Administration ("FHA") or cause any impairment to the validity of or priority of the lien securing any Loan pledged to the Purchasers hereunder, as applicable.
VA Guaranties and FHA Insurance. The Company shall not commit or suffer to be committed any act which would invalidate the guarantee of the VA or insurance by the FHA or cause any impairment to the validity of or priority of the mortgage lien which secures any of the Loans, pledged to the Agent for the ratable benefit of the Banks under the Security Agreement. In the event that any such guarantee or insurance should lapse or otherwise be invalidated, the Company shall immediately cause the Loan affected by such lapse or invalidation to be removed from Collateral, with either (i) substitution of such other property constituting Collateral hereunder of at least equal value, or (ii) payment of the Advance made by the Banks with respect to such Loan.
VA Guaranties and FHA Insurance. The Company shall not commit or suffer to be committed any act which would invalidate the guarantee of the VA or insurance by the FHA or cause any impairment to the validity of or priority of the mortgage lien which secures any of the Loans, pledged to the Agent for the ratable benefit of the Banks hereunder and under the Security Agreement. In the event that any such guarantee or insurance should lapse or otherwise be invalidated, the Company shall, within fifteen (15) days of such lapse or invalidation, cause the Loan affected by such lapse or invalidation to be removed from Collateral, with either (i) substitution of such other property constituting Collateral hereunder of at least equal value, or (ii) payment of the Advance made by the Banks with respect to such Loan.
VA Guaranties and FHA Insurance. Seller shall not commit or suffer to be committed any act that would adversely affect its eligibility to participate as an FHA-approved mortgagee with direct endorsement approval or as an approved buyer under the VA guaranty program.
VA Guaranties and FHA Insurance. Commit any act that would ------------------------------- invalidate any VA guarantee or FHA insurance relating to any Mortgage Loan pledged to Lender as Collateral under Sections 4.1 and 4.2.
VA Guaranties and FHA Insurance. Commit or suffer to be committed any act which would invalidate the guarantee of the Veterans Administration (“VA”) or insurance by the Federal Housing Administration (“FHA”) or cause any impairment to the validity of or priority of the lien securing any Mortgage Loan pledged to the Lender hereunder, as applicable, or commit or suffer to be committed to any act which would cause Company to no longer be qualified for the guarantee of the VA or the insurance by the FHA.
