Common use of Collection Practices Clause in Contracts

Collection Practices. The collection practices used by the Borrower with respect to such Eligible 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 Asset;

Appears in 2 contracts

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

Collection Practices. The collection practices used by the Borrower with respect to such Eligible Asset 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 AssetResidential Mortgage Loan;

Appears in 2 contracts

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