Common use of Occupancy Clause in Contracts

Occupancy. As of the date of origination of such Mortgage Loan, the related Mortgaged Property or Cooperative Unit, as applicable, is lawfully occupied under applicable law;

Appears in 7 contracts

Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3), Servicing Agreement (Structured Asset Sec Mort Pass THR Cert Series 2001-21a), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a)