Common use of No Outstanding Charges Clause in Contracts

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, which previously became due and owing have been paid, or an escrow of funds has been established for every such item which remains unpaid and which has been assessed but is not yet due and payable;

Appears in 5 contracts

Samples: Reconstituted Servicing Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1), Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust Series 2005-Gel3)

AutoNDA by SimpleDocs

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paidpaid by the borrower, or an escrow of funds has from the borrower have been established in an amount sufficient to pay for every such escrowed item which remains unpaid and which has been assessed but is not yet due and payable;

Appears in 5 contracts

Samples: Servicing Agreement (Sequoia Mortgage Trust 2011-1), Servicing Agreement (Sequoia Mortgage Trust 2013-1), Servicing Agreement (Sequoia Mortgage Trust 2012-1)

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, premiums and water, sewer and municipal charges, which charges that previously became due and owing payable have been paid, paid or an escrow of funds has been established established, to the extent permitted by law, in an amount sufficient to pay for every any such item which that remains unpaid and which has been assessed but is not yet due and payable;unpaid.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established established, to the extent required under the related Mortgage and as permitted by applicable law, in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable;.

Appears in 2 contracts

Samples: Heloc Flow Purchase and Servicing Agreement (PennyMac Mortgage Investment Trust), Heloc Flow Purchase and Servicing Agreement (PennyMac Financial Services, Inc.)

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established established, to the extent permitted by law, in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable;

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Sequoia Mortgage Trust 2013-1)

No Outstanding Charges. All taxes, ground rents, governmental assessments, insurance premiums, leasehold payments, water, sewer and municipal charges, charges which previously became due and owing have been paid, or an escrow of funds has have been established in an amount sufficient to pay for every such escrowed item which remains unpaid and which has been assessed but is not yet due and payable;.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Five Oaks Investment Corp.)

AutoNDA by SimpleDocs

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, leasehold payments, ground rents, water, sewer and municipal charges, which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable;.

Appears in 1 contract

Samples: Flow Sale Agreement (Luminent Mortgage Trust 2006-7)

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, ground rents, leasehold payments, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has been established in an amount sufficient to pay for every such item which remains unpaid and which has been assessed but is not yet due and payable;.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (National City Mortgage Capital Trust 2008-1)

No Outstanding Charges. All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or an escrow of funds has have been established in an amount sufficient to pay for every such escrowed item which remains unpaid and which has been assessed but is not yet due and payable;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Mortgage Backed Pass Through Certificates Ser 2002-Ar13)

Time is Money Join Law Insider Premium to draft better contracts faster.