Common use of Recourse Servicing Contracts Clause in Contracts

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which the Borrower notifies Lender pursuant hereto, acquire or enter into Servicing Contracts under which the Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 2 contracts

Samples: And Security Agreement (Walker & Dunlop, Inc.), Credit and Security Agreement (Walker & Dunlop, Inc.)

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Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which the Borrower notifies Lender pursuant heretounder Section 7.2(e), acquire or enter into Servicing Contracts under which the Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 2 contracts

Samples: Mortgage Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx Mae DUS Mortgage Loans, and conduit originations for which the Borrower notifies Lender pursuant heretounder Section 7.3(e), acquire or enter into Servicing Contracts under which the a Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.. End of Article 8

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which the Borrower notifies Lender Administrative Agent pursuant hereto, acquire or enter into Servicing Contracts under which the Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 1 contract

Samples: Credit and Security Agreement (Walker & Dunlop, Inc.)

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Recourse Servicing Contracts. Except for Servicing Contracts involving Xxxxxx Xxx DUS Mortgage Loans, and conduit originations for which the Borrower notifies Lender pursuant hereto, acquire or enter into Servicing Contracts under which the Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.

Appears in 1 contract

Samples: Credit and Security Agreement (Walker & Dunlop, Inc.)

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