Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities Sample Clauses

Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities. (1) You may transfer within escrow to a financial institution the escrow securities you have pledged, mortgaged or charged under section 4.2 to that financial institution as collateral for a loan on realization of the loan.
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Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities. (a) Each Securityholder may transfer within escrow to a financial institution.

Related to Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities

  • Pledge, Mortgage or Charge as Collateral for a Loan You may pledge, mortgage or charge your escrow securities to a financial institution as collateral for a loan, provided that no escrow securities or any share certificates or other evidence of escrow securities will be transferred or delivered by the Escrow Agent to the financial institution for this purpose. The loan agreement must provide that the escrow securities will remain in escrow if the lender realizes on the escrow securities to satisfy the loan.

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