Mortgage Banking Subsidiary definition

Mortgage Banking Subsidiary means Melody and its subsidiaries that are engaged in Mortgage Banking Activities.

Mortgage Banking Subsidiary means a Subsidiary of the Borrower which is engaged or hereafter engages in the mortgage banking business, including the origination, servicing, packaging and/or selling of mortgages on residential single- and multi-family dwellings and/or commercial property, and in any event shall include AFSI, UAMC, UAMC Asset Corp. II, Universal American Mortgage Corporation of California and Eagle Home Mortgage, Inc.

Mortgage Banking Subsidiary means CBRE CM and its subsidiaries that are engaged in Mortgage Banking Activities.

Examples of Mortgage Banking Subsidiary in a sentence

• Sell, transfer or otherwise dispose of, or pledge, grant a security interest, equity interest or other beneficial interest in or otherwise encumber any of the outstanding shares of Capital Stock of any Mortgage Banking Subsidiary, or permit any Mortgage Banking Subsidiary to sell, issue or otherwise transfer any shares of its Capital Stock to any Person other than a Loan Party.

• Mortgage Banking Subsidiary – A bank may establish an operating subsidiary as a mortgage company.

• Sell, transfer or otherwise dispose of, or pledge, grant a security interest, equity interest or other beneficial interest in or otherwise encumber any of the outstanding shares of Capital Stock of any Mortgage Banking Subsidiary, or permit any Mortgage Banking Subsidiary to sell, issue or otherwise transfer any shares of its Capital Stock to any Person other than the Borrower.

• Agree with any third party not to create, assume or suffer to exist any Lien securing the Obligations on or of any of its property, real or personal, whether now owned or hereafter acquired, except that that any Mortgage Banking Subsidiary may agree not to create, assume or suffer to exist Liens on any of its property, real or personal, whether now owned or hereafter acquired.

• Sell, transfer or otherwise dispose of, or pledge, grant a security interest, equity interest or other beneficial interest in or otherwise encumber any of the outstanding shares of capital stock of any Mortgage Banking Subsidiary, or permit any Mortgage Banking Subsidiary to sell, issue or otherwise transfer any shares of its capital stock to any Person other than the Borrower.

More Definitions of Mortgage Banking Subsidiary

Mortgage Banking Subsidiary means Melody and its Subsidiaries that --------------------------- are engaged in Mortgage Banking Activities.

Mortgage Banking Subsidiary means CBRE Capital Markets and its subsidiaries that are engaged in Mortgage Banking Activities.

Mortgage Banking Subsidiary means a Subsidiary of the Borrower which is engaged or hereafter engages in the mortgage banking business, including the origination, servicing, packaging and/or selling of mortgages on residential single-family dwellings, and in any event shall include NVRMF and its Subsidiaries.

Mortgage Banking Subsidiary means any Wholly-owned Subsidiary of the Company that is engaged in Mortgage Banking Activities.

Mortgage Banking Subsidiary means a Subsidiary which is engaged or hereafter engages in the mortgage banking business, including the origination, servicing, packaging and/or selling of mortgages on residential single- and multi-family dwellings and/or commercial property, and in any event shall include AFSI and UAMC.

Mortgage Banking Subsidiary means a Subsidiary of LFSI which is engaged or hereafter engages in the mortgage banking business, including the origination, servicing, packaging and/or selling of mortgages on residential single- and multi-family dwellings and/or commercial property, and in any event shall include AFSI, LFC and UAMC.

Mortgage Banking Subsidiary means a Subsidiary of Parent which is engaged or hereafter engages in the mortgage banking business, including the origination, servicing, packaging and/or selling of mortgages on residential single-and multi-family dwellings and/or commercial property.