Common use of Report Basic Changes Clause in Contracts

Report Basic Changes. The PFI must notify FHLB promptly in writing of any changes that occur in its principal purpose, activities, staffing or facilities that could adversely affect its ability to perform its obligations hereunder.

Appears in 2 contracts

Sources: Mortgage Selling and Servicing Master Agreement (Federal Home Loan Bank of Cincinnati), Mortgage Selling and Servicing Master Agreement (Federal Home Loan Bank of Cincinnati)