CONSENT TO RELEASE AND DISCLOSE Sample Clauses
CONSENT TO RELEASE AND DISCLOSE. 4.1 Each of the borrower and Guarantor confirms it has read the Lender’s Privacy Policy, as is available from the Lender upon request and as may be amended from time to time, and acknowledges and agrees that the information set out therein constitutes its consent and prior written notice of the collection, use and disclosure of his or her personal information. In addition, each of the borrower and Guarantor acknowledges and agrees that the loan (or securities or certificates backed by or representing any interest in the loan, or a pool of loans which includes the loan) may be sold or securitized into the secondary market without further notice to, r the consent of, the borrower or the Guarantor. The Lender, or its servicer, may from time to time release, disclose, exchange, share, transfer and/or assign, at its sole discretion, all information and materials (including financial statements and information concerning the status of the loan, such as existing or potential loan or lease defaults or other facts or circumstances which might affect the performance of the loan) provided to, or obtained by the Lender, relating to the borrower, the Guarantor, the land or the loan (both before and after the initial advance of the loan and/or default) without restriction and without notice to, or the consent of, the borrower or the Guarantor, to:
(a) the Lender’s third party advisors and/or agents, such as lawyers, accountants, consultants, appraisers, credit verification sources and servicers,
(b) any subsequent or proposed purchaser of the loan and/ or their third party advisors,
(c) the public or any private group in any offering memorandum, prospectus or other disclosure document (including all initial and continuing disclosure requirements), regardless of format or scope of distribution,
(d) the public or other interested persons, directly or indirectly through information service providers or other market participants, for the purpose of providing market information from time to time relating to the status of the loan or loan pools or any interest therein regardless of format or scope of distribution,
(e) any governmental authority having jurisdiction over such sale or securitization of the loan or loan pool or any trade of interest in the loan or loan pool, and
(f) any other person, including rating agencies, in connection with the sale, assignment or securitization of the loan or in connection with any collection or enforcement proceedings taken under or in res...
