Common use of Separate Identity Clause in Contracts

Separate Identity. The Issuer is operated as an entity separate from the Receivables Seller, the Depositor and the Servicer. The Issuer has complied with all covenants set forth in its Organizational Documents.

Appears in 24 contracts

Sources: Indenture (PennyMac Mortgage Investment Trust), Indenture (loanDepot, Inc.), Indenture (New Residential Investment Corp.)

Separate Identity. The Issuer is operated as an entity separate from the Receivables Seller, the Depositor Seller and the Servicer. The Issuer has complied with all covenants set forth in its Organizational Documents.

Appears in 4 contracts

Sources: Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (Home Loan Servicing Solutions, Ltd.)

Separate Identity. The Issuer is operated as an entity separate from the Receivables Seller, the Depositor Servicer and the ServicerAdministrator. The Issuer has complied with all covenants set forth in its Organizational Documents.

Appears in 2 contracts

Sources: Base Indenture (loanDepot, Inc.), Base Indenture (PennyMac Financial Services, Inc.)

Separate Identity. The Issuer is operated as an entity separate from the each Receivables Seller, the Depositor and the each Servicer. The Issuer has complied with all covenants set forth in its Organizational Documents.

Appears in 1 contract

Sources: Indenture (New Residential Investment Corp.)