Common use of Loss of Eligibility Clause in Contracts

Loss of Eligibility. Take any action that would cause Borrower to lose all or any part of its status as an eligible lender, seller/servicer or issuer as described under Section 9.1.

Appears in 18 contracts

Samples: Warehousing Credit and Security Agreement (E Loan Inc), Credit and Security Agreement (First NLC Financial Services Inc), Credit and Security Agreement (Homebanc Corp)

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Loss of Eligibility. Take any action that would cause any Borrower to lose all or any part of its status as an eligible lender, seller/servicer or issuer as described under Section 9.1.

Appears in 3 contracts

Samples: Credit and Security Agreement (Lennar Corp /New/), American Home Mortgage Investment Corp, American Home Mortgage Investment Corp

Loss of Eligibility. Take any action that would cause such Borrower to lose all or any part of its status as an eligible lender, seller/servicer or and issuer as described under Section 9.15.11 hereof.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Hanover Capital Mortgage Holdings Inc), Warehousing Credit and Security Agreement (Hanover Capital Mortgage Holdings Inc)

Loss of Eligibility. Take any action that would cause any Borrower to lose all or any part of its status as an eligible lender, seller/servicer or issuer as described under Section 9.1.. Dated: 5/23/2003 Amended: 6/11/2004

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Municipal Mortgage & Equity LLC)

Loss of Eligibility. Take any action that would cause any ------------------- Borrower to lose all or any part of its status as an eligible lender, seller/servicer or and issuer as described under Section 9.15.13 hereof or in any Borrower Addition Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (WMF Group LTD)

Loss of Eligibility. Take any action that would cause Borrower the Borrowers to lose all or any part of its their status as an eligible lender, seller/servicer or and issuer as described under Section 9.15.13 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (BNC Mortgage Inc)

Loss of Eligibility. Take any action that would cause the Borrower to lose all or any part of its status as an eligible lender, seller/servicer or and issuer as described under Section 9.15.13 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Bingham Financial Services Corp)

Loss of Eligibility. Take any action that would cause Borrower to lose all or any part of its status as an eligible lender, seller/servicer or issuer as described under Section 9.1issuer.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Matrix Bancorp Inc)

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Loss of Eligibility. Take any action that would cause Borrower the Borrowers to lose all or any part of its their status as an eligible lender, seller/servicer or and issuer as described under Section 9.1hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (American Business Financial Services Inc /De/)

Loss of Eligibility. Take any action that would cause any Borrower to lose all or any part of its status as an eligible lender, seller/servicer or issuer as described under Section 9.12.3.

Appears in 1 contract

Samples: Credit and Security Agreement (Lennar Corp /New/)

Loss of Eligibility. Take any action that would cause Borrower the ------------------- Borrowers to lose all or any part of its their status as an eligible lender, seller/servicer or and issuer as described under Section 9.10 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Novastar Financial Inc)

Loss of Eligibility. Take any action that would cause either Borrower to lose all or any part of its status as an eligible lender, seller/servicer or and issuer as described under Section 9.15.13 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (WMF Group LTD)

Loss of Eligibility. Take any action or fail to take any action that would cause any Borrower to lose all or any part of its status as an eligible lender, seller/servicer or issuer as described under Section 9.1.

Appears in 1 contract

Samples: Mortgage Warehouse (Centerline Holding Co)

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