Common use of Collection Practices Clause in Contracts

Collection Practices. The collection practices used by the Borrower with respect to such Eligible Residential Mortgage Loan have been in all respects legal, proper, prudent and customary in the mortgage lending and servicing business with respect to mortgage loans similar to such Eligible Residential Mortgage Loan;

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Cityscape Financial Corp), Credit and Security Agreement (Cityscape Financial Corp)

AutoNDA by SimpleDocs

Collection Practices. The collection practices used by the Borrower with respect to such Eligible Residential Mortgage Loan Asset have been in all respects legal, proper, prudent and customary in the mortgage lending and servicing business with respect to mortgage loans similar to such Eligible Residential Mortgage LoanAsset;

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Cityscape Financial Corp), Loan and Security Agreement (Cityscape Financial Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.