XXXXXX XXX REQUIREMENTS. Borrower agrees to execute such additional documents (which documents shall be considered “Loan Documents”) as Bondowner Representative may reasonably request to facilitate the sale of the Bonds at any time to, or a credit enhancement facility with, Xxxxxx Mae or another purchaser of loans or credit enhancement provider in the secondary market which generally follows Xxxxxx Xxx standards. If, prior to the Conversion Date, there are any modifications in or additions to any of the requirements imposed or standards used by Xxxxxx Mae in connection with loans purchased by it or by others purchasing loans on the secondary market, or in connection with credit enhancement facilities provided by it or other credit enhancement providers on the secondary market, and generally following Xxxxxx Xxx standards, then effective as of the Conversion Date, at Bondowner Representative’s request, Borrower shall execute amendments to the Loan Documents, or shall execute additional Loan Documents, to conform with such modifications or additions. Despite anything in the foregoing to the contrary, none of the amendments or additional documents requested hereunder shall materially change the terms of the Loan Documents or increase the financial obligations of Borrower or Issuer.
XXXXXX XXX REQUIREMENTS. Such term includes the Xxxxxx Mae Contract (whether specific to PLS or of general application), in addition to the contracts (including, without limitation, any related guaranty agreement, master servicing agreement, master agreement for servicer’s principal and interest custodial account, master agreement for servicer’s escrow custodial account, master custodial agreement, schedule of subscribers and Xxxxxx Xxx Guaranty Agreement or other agreement or arrangement), and all applicable rules, regulations, communications, memoranda and other written directives, procedures, manuals, guidelines, including the Xxxxxx Mae Eligibility Requirements, and any other information or material incorporated therein, defining the rights and obligations of Xxxxxx Xxx and Servicer, with respect to the Mortgage Loans.
XXXXXX XXX REQUIREMENTS. Such term includes the Xxxxxx Mae Contract (whether specific to loanDepot or of general application; provided, however, that agreements, terms, waivers, or provisions specific to loanDepot which have been provided to the Administrative Agent shall supersede those of general application), in addition to the contracts (including any related guaranty agreement, master servicing agreement, master agreement for servicer’s principal and interest custodial account, master agreement for servicer’s escrow custodial account, master custodial agreement, schedule of subscribers and Xxxxxx Xxx Guaranty Agreement or other agreement or arrangement), and all applicable rules, regulations, communications, memoranda and other written directives, procedures, manuals, guidelines, including the Xxxxxx Mae Eligibility Requirements, and any other information or material incorporated therein, defining the rights and obligations of Xxxxxx Xxx and Servicer, with respect to the Mortgage Loans.
XXXXXX XXX REQUIREMENTS
