Common use of Loss of Eligibility Clause in Contracts

Loss of Eligibility. Take any action that would cause the Company to lose all or any part of its status as an eligible lender, seller/servicer and issuer as described under Section 5.13 hereof.

Appears in 10 contracts

Samples: Warehousing Credit and Security Agreement (Mortgage Com Inc), Term Loan and Security Agreement (Accredited Home Lenders Holding Co), Warehousing Credit and Security Agreement (U S Home Corp /De/)

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Loss of Eligibility. Take any action that would cause the Company to lose all or any part of its status as an eligible lender, seller/servicer and issuer as described under Section 5.13 5.11 hereof.

Appears in 8 contracts

Samples: Warehousing Credit and Security Agreement (Sirva Inc), Warehousing Credit and Security Agreement (Sirva Inc), Warehousing Credit and Security Agreement (Mortgage Com Inc)

Loss of Eligibility. Take Take, or fail to take, any action that would cause the Company to lose all or any part of its status as an eligible lender, seller/servicer and issuer as described under Section 5.13 hereof.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Franklin Credit Management Corp/De/)

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Loss of Eligibility. Take any action that would cause the Company to ------------------- lose all or any part of its status as an eligible lender, seller/servicer and issuer as described under Section 5.13 5.11 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Iown Holdings Inc)

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