Common use of Applicable Agency Information Clause in Contracts

Applicable Agency Information. Upon reasonable notice during normal business hours, the Borrower shall make available the President, Chief Financial Officer or any other applicable officers of Borrower to participate in discussions with Xxxxxx and provide information with respect to the following: (i) a projection of the obligations of Borrower in connection with (A) all Agency Obligations and (B) amounts that may have been required to be deposited or withdrawn from any Collateral Account with any Agency (the “Collateral Account Activity”), (ii) a projection of the impact the Agency Obligations may have on the operations of Borrower, including but not limited to, the net impact on liquidity, statements of income, retained earnings and cash flows, (iii) the projected date of resolution of the Agency Obligations, (iv) a summary of all repurchase obligations and indemnity claims with respect to mortgages originated or serviced by Xxxxxxxx, and (v) such other information as may be reasonably requested by the Lender, in all cases to the extent Borrower is not prohibited from disclosing such information (A) pursuant to the terms and provisions of the Freddie Mac Requirements, (B) by any Governmental Authority or (C) by any Requirement of Law.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mr. Cooper Group Inc.), Loan and Security Agreement (Mr. Cooper Group Inc.), Loan and Security Agreement (Mr. Cooper Group Inc.)

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Applicable Agency Information. Upon reasonable notice during normal business hours, the Borrower shall make available the President, Chief Financial Officer or any other applicable officers of Borrower to participate in discussions with Xxxxxx Lender and provide information with respect to the following: (i) a projection of the obligations of Borrower in connection with (A) all Agency Obligations and (B) amounts that may have been required to be deposited or withdrawn from any Collateral Account with any Agency (the “Collateral Account Activity”), (ii) a projection of the impact the Agency Obligations may have on the operations of Borrower, including but not limited to, the net impact on liquidity, statements of income, retained earnings and cash flows, (iii) the projected date of resolution of the Agency Obligations, (iv) a summary of all repurchase obligations and indemnity claims with respect to mortgages originated or serviced by Xxxxxxxx, and (v) such other information as may be reasonably requested by the Lender, in all cases to the extent Borrower is not prohibited from disclosing such information (A) pursuant to the terms and provisions of under the Freddie Mac Requirements, (B) by any Governmental Authority Requirements or (C) by any Requirement of Lawotherwise.

Appears in 2 contracts

Samples: Loan and Security Agreement (UWM Holdings Corp), Loan and Security Agreement (UWM Holdings Corp)

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