Common use of Notice to Borrowers Clause in Contracts

Notice to Borrowers. The Company, on a timely basis in accordance with and to the extent (if any) required by any applicable Laws, and pursuant to the Limited Powers of Attorney granted to it pursuant to Section 3.1(d)(i), shall prepare and transmit to each Borrower a joint “hello” and “goodbye” letter, at the Company’s expense, which letter shall be subject to the review and reasonable approval of the Transferor. The Company shall, on a timely basis in accordance with the HFSH Act, prepare and transmit to each Borrower any notice required by the HFSH Act.

Appears in 3 contracts

Samples: Asset Contribution Agreement, Asset Contribution Agreement, Asset Contribution Agreement

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Notice to Borrowers. The Company, on a timely basis in accordance with and to the extent (if any) required by any applicable Laws, and pursuant to the Limited Powers of Attorney granted to it pursuant to Section 3.1(d)(i), shall must prepare and transmit to each Borrower a joint “hello” and “goodbye” letter, at the Company’s expense, which letter shall will be subject to the review and reasonable approval of the Transferor. The With respect to each SFR Loan (if any), the Company shallmust, on a timely basis in accordance with the HFSH Act, prepare and transmit to each Borrower any notice required by the HFSH Act.

Appears in 1 contract

Samples: Asset Transfer Agreement

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