Wet Mortgage Loans. If Lender makes an Advance secured by a Wet Mortgage Loan, prior to the funding of such Advance, Borrower shall deliver to Lender or its Custodian, or authorize and direct the Closing Agent to deliver to Lender or its Custodian, with respect to each Wet Mortgage Loan, those documents set forth in Sections 7.1 and 7.2, as applicable; provided, however, that Borrower shall deliver to Lender or its Custodian, all related Collateral Documents within the Wet Mortgage Loans Maximum Dwell Time.
Appears in 3 contracts
Samples: Revolving Credit and Security Agreement (Aames Financial Corp/De), Credit and Security Agreement (Fieldstone Investment Corp), Revolving Credit and Security Agreement (ECC Capital CORP)
Wet Mortgage Loans. If Lender makes an Advance secured by a Wet Mortgage Loan, prior to the funding of such Advance, Borrower shall deliver to Lender or its Custodian, or authorize and direct the Closing Agent to deliver to Lender or its Custodian, with respect to each Wet Mortgage Loan, those documents set forth in Sections SECTIONS 7.1 and AND 7.2, as applicable; provided, however, that Borrower shall deliver to Lender or its Custodian, all related Collateral Documents within the Wet Mortgage Loans Maximum Dwell Time.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Technical Olympic Usa Inc)
