Agency Requirements. Each Borrower shall provide written notice of any change in any Agency’s requirements regarding such Borrower’s or Subservicer’s minimum consolidated tangible net worth or any change in such Agency’s requirements regarding such Borrower’s or Subservicer’s consolidated liquidity within five (5) Business Days after such Borrower or Subservicer receives notice thereof.
Appears in 4 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (PennyMac Mortgage Investment Trust), Loan and Security Agreement (PennyMac Mortgage Investment Trust)
Agency Requirements. Each Borrower shall provide written notice of any change in any Agency’s requirements regarding such the Borrower’s or SubservicerServicer’s minimum consolidated tangible net worth or any change in such Agency’s requirements regarding such Borrower’s or SubservicerServicer’s consolidated liquidity within five (5) Business Days after such Borrower or Subservicer receives notice thereof.
Appears in 2 contracts
Samples: Loan and Security Agreement (Pennymac Financial Services, Inc.), Loan and Security Agreement (Pennymac Financial Services, Inc.)
Agency Requirements. Each Borrower shall provide written notice of any change in any Agency’s requirements regarding such the Borrower’s or Subservicer’s minimum consolidated tangible net worth or any change in such Agency’s requirements regarding such Borrower’s or Subservicer’s consolidated liquidity within five (5) Business Days after such Borrower or Subservicer receives notice thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (PennyMac Mortgage Investment Trust)
