Common use of Performance of Certain Obligations Clause in Contracts

Performance of Certain Obligations. The Borrower and, so long as the Servicer and one of the Originators are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Take-Out Commitment on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment comply with the requirements of such Take-Out Commitment.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Lennar Corp /New/)

AutoNDA by SimpleDocs

Performance of Certain Obligations. The Borrower and, so long as the Servicer and one of the Originators Originator are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Take-Out Commitment on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment comply with the requirements of such Take-Out Commitment.

Appears in 4 contracts

Samples: Collateral Agency Agreement (Horton D R Inc /De/), Loan Agreement (Pulte Homes Inc/Mi/), Loan Agreement (Pulte Homes Inc/Mi/)

Performance of Certain Obligations. The Borrower and, so long as the Servicer and one any of the Originators are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Loan, Take-Out Commitment and Hedge on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment or Hedge comply with the requirements of such Take-Out CommitmentCommitment or Hedge.

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

AutoNDA by SimpleDocs

Performance of Certain Obligations. The Borrower and, so long as the Servicer and one any of the Originators are the same entity, the Servicer shall each perform and observe each of the provisions of each Mortgage Loan and Take-Out Commitment on its part to be performed or observed and will cause all things to be done that are necessary to have each Mortgage Loan covered by a Take-Out Commitment comply with the requirements of such Take-Out Commitment.

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

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