Loans Not to Be Evidenced by Promissory Notes. The Trust Depositor will take no action to cause any Loan not originally evidenced by an Underlying Note to be evidenced by an instrument (as defined in the UCC), except in connection with the enforcement or collection of such Loan.
Appears in 24 contracts
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (NewStar Financial, Inc.)
Loans Not to Be Evidenced by Promissory Notes. The Trust Depositor will take no action to cause any Loan not originally evidenced by an Underlying Note Note, to be evidenced by an instrument (as defined in the UCC), except in connection with the enforcement or collection of such Loan.
Appears in 1 contract
Samples: Acas Transfer Agreement (American Capital Strategies LTD)
