Common use of Conveyance Repurchase Assets Security Interest Clause in Contracts

Conveyance Repurchase Assets Security Interest. 30 Section 4.01 Ownership 30 Section 4.02 Security Interest 30 Section 4.03 Further Documentation 32 Section 4.04 Changes in Locations, Name, etc. 32 Section 4.05 Performance by Buyer of Seller’s Obligations 33 Section 4.06 Proceeds 33 Section 4.07 Remedies 33 Section 4.08 Limitation on Duties Regarding Preservation of Repurchase Assets 34 Section 4.09 Powers Coupled with an Interest 34 Section 4.10 Release of Security Interest 34 Section 4.11 Reinstatement 34 Section 4.12 Subordination 34 ARTICLE V CONDITIONS PRECEDENT 35 Section 5.01 Initial Transaction 35 Section 5.02 All Transactions 36 Section 5.03 Closing Subject to Conditions Precedent 37 ARTICLE VI COVENANTS 40 Section 6.01 Litigation 40 Section 6.02 Prohibition of Fundamental Changes 40 Section 6.03 Sale of Assets 40 Section 6.04 Asset Schedule 40 Section 6.05 No Adverse Claims 40 Section 6.06 Assignment 41 Section 6.07 Security Interest 41 Section 6.08 Records 41 Section 6.09 Books 41 Section 6.10 Approvals 41 Section 6.11 Insurance 41 Section 6.12 Material Change in Business 42 Section 6.13 Distributions 42 Section 6.14 Existence; ▇▇▇▇▇▇ ▇▇▇ Approvals 42 Section 6.15 Change in Organizational Documents 42 Section 6.16 Chief Executive Office; Jurisdiction of Organization 43 Section 6.17 Taxes 43 Section 6.18 Transactions with Affiliates 43 Section 6.19 Guarantees 43 Section 6.20 Indebtedness 43 Section 6.21 True and Correct Information 43 Section 6.22 No Pledge 43 Section 6.23 Plan Assets 44 Section 6.24 Sharing of Information 44 Section 6.25 Modification of the Base Indenture and Series 2021-PIAVF1 Indenture Supplement 44 Section 6.26 Reporting Requirements 44 Section 6.27 [Reserved] 47 Section 6.28 Litigation Summary 47 Section 6.29 Material Change in Business 47 Section 6.30 Hedging 47 Section 6.31 ▇▇▇▇▇▇ ▇▇▇ Contract 48 Section 6.32 Trigger Event MSR Asset Sale 48 Section 6.33 Amendments.. 48

Conveyance Repurchase Assets Security Interest. 30 31 Section 4.01 Ownership 30 31 Section 4.02 Security Interest 30 31 Section 4.03 Further Documentation 32 Section 4.04 Changes in Locations, Name, etc. 32 33 Section 4.05 Performance by Buyer of Seller’s Obligations 33 Section 4.06 Proceeds 33 Section 4.07 Remedies 33 Section 4.08 Limitation on Duties Regarding Preservation of Repurchase Assets 34 Section 4.09 Powers Coupled with an Interest 34 Section 4.10 Release of Security Interest 34 Section 4.11 Reinstatement 34 35 Section 4.12 Subordination 34 35 ARTICLE V CONDITIONS PRECEDENT 35 Section 5.01 Initial Transaction 35 Section 5.02 All Transactions 36 Section 5.03 Closing Subject to Conditions Precedent 37 ARTICLE VI COVENANTS 40 Section 6.01 Litigation 40 Section 6.02 Prohibition of Fundamental Changes 40 Section 6.03 Sale of Assets 40 41 Section 6.04 Asset Schedule 40 41 Section 6.05 No Adverse Claims 40 41 Section 6.06 Assignment 41 Section 6.07 Security Interest 41 Section 6.08 Records 41 Section 6.09 Books 41 42 Section 6.10 Approvals 41 42 Section 6.11 Insurance 41 42 Section 6.12 Material Change in Business 42 Section 6.13 Distributions 42 Section 6.14 Existence; ▇▇▇▇▇▇ ▇▇▇ Approvals 42 Section 6.15 Change in Organizational Documents 42 43 Section 6.16 Chief Executive Office; Jurisdiction of Organization 43 Section 6.17 Taxes 43 Section 6.18 Transactions with Affiliates 43 Section 6.19 Guarantees 43 Section 6.20 Indebtedness 43 Section 6.21 True and Correct Information 43 44 Section 6.22 No Pledge 43 44 Section 6.23 Plan Assets 44 Section 6.24 Sharing of Information 44 Section 6.25 Modification of the Base Indenture and Series 2021-PIAVF1 SAVF1 Indenture Supplement 44 Section 6.26 Reporting Requirements 44 Section 6.27 [Reserved] 47 Section 6.28 Litigation Summary 47 Section 6.29 Material Change in Business 47 48 Section 6.30 Hedging 47 48 Section 6.31 ▇▇▇▇▇▇ ▇▇▇ Contract Contract. 48 Section 6.32 Trigger Event MSR Asset Sale Sale.. 48 Section 6.33 Amendments.. 48

Conveyance Repurchase Assets Security Interest. 30 28 Section 4.01 Ownership 30 28 Section 4.02 Security Interest 30 28 Section 4.03 Further Documentation 32 29 Section 4.04 Limited Pledge of ▇▇▇▇▇▇ Mae Servicing 30 Section 4.05 Changes in Locations, Name, etc. 32 etc 31 Section 4.05 4.06 Buyer’s Appointment as Attorney-in-Fact 31 Section 4.07 Performance by Buyer of Seller’s Obligations 33 Section 4.06 4.08 Proceeds 33 Section 4.07 4.09 Remedies 33 Section 4.08 4.10 Limitation on Duties Regarding Preservation of Repurchase Assets 34 Section 4.09 4.11 Powers Coupled with an Interest 34 Section 4.10 4.12 Release of Security Interest 34 Section 4.11 4.13 Reinstatement 34 35 Section 4.12 4.14 Subordination 34 35 ARTICLE V CONDITIONS PRECEDENT 35 Section 5.01 Initial Transaction 35 Section 5.02 All Transactions 36 Section 5.03 Closing Subject to Conditions Precedent 37 ARTICLE VI COVENANTS 40 38 Section 6.01 Litigation 40 Financial Covenants 38 Section 6.02 Prohibition of Fundamental Changes 40 38 Section 6.03 Sale of Assets 40 38 Section 6.04 Asset Schedule 40 38 Section 6.05 No Adverse Claims 40 38 Section 6.06 Assignment 41 38 Section 6.07 Security Interest 41 39 Section 6.08 Records 41 39 Section 6.09 Books 41 39 Section 6.10 Approvals 41 40 Section 6.11 Insurance 41 Section 6.12 Material Change in Business 42 40 Section 6.12 Collections on Assets and the Dedicated Account 40 Section 6.13 Distributions 42 Applicable Law 41 Section 6.14 Existence; ▇▇▇▇▇▇ ▇▇▇ Approvals 42 Existence 41 Section 6.15 Change in Organizational Documents 42 Section 6.16 Chief Executive Office; Jurisdiction of Organization 43 41 Section 6.16 Taxes 41 Section 6.17 Taxes 43 Termination of Servicing Notice 41 Section 6.18 Transactions with Affiliates 43 Section 6.19 Guarantees 43 Section 6.20 Indebtedness 43 Section 6.21 True and Correct Information 43 41 Section 6.19 Servicing 41 Section 6.20 No Pledge 41 Section 6.21 Plan Assets 42 Section 6.22 No Pledge 43 Section 6.23 Plan Assets 44 Section 6.24 Sharing of Information 44 42 Section 6.25 6.23 Modification of the Base Indenture Servicing Contracts and Series 2021-PIAVF1 Indenture Supplement 44 Participation Agreement 42 Section 6.24 Subservicing; Servicing by Seller 42 Section 6.25 Restricted Payments 43 Section 6.26 Reporting Requirements 44 Section 6.27 [Reserved] 47 Section 6.28 Litigation Summary 47 Section 6.29 Material Change in Business 47 Section 6.30 Hedging 47 Section 6.31 ▇▇▇▇▇▇ ▇▇▇ Contract 48 Section 6.32 Trigger Event MSR Asset Sale 48 Section 6.33 Amendments.. 4843