Servicing options. In considering servicing options, the prospects for providing a permanent cure without adversely affecting the risks to the Agency and the lender must be the paramount objective. Temporary cura- tive actions (such as payment deferments or collateral subordination) must strengthen the loan and be in the best financial interest of the lender and the Agency. Some of these actions may require concurrence of the holder.
Appears in 4 contracts
Sources: Loan Note Guarantee or Assignment Guarantee Agreement, Loan Note Guarantee or Assignment Guarantee Agreement, Loan Agreement
Servicing options. In considering servicing options, the prospects for providing a permanent cure without adversely affecting the risks to the Agency and the lender must be the paramount objective. Temporary cura- tive actions (such as payment deferments or collateral subordination) must strengthen the loan and be in the best financial interest of the lender and the Agency. Some of these actions may require concurrence of the holder.and
Appears in 1 contract
Sources: Loan Note Guarantee Agreement