Common use of Pledged Servicing Clause in Contracts

Pledged Servicing. The Company shall deliver to the Collateral Agent fully executed copies of the Acknowledgment Agreements with FNMA and FHLMC. In the event the Credit Agent or the Required Lenders request that Acknowledgement Agreements with GNMA be obtained, the Company shall deliver to the Collateral Agent fully executed copies of Acknowledgement Agreements with GNMA covering all Pledged Servicing with GNMA.

Appears in 3 contracts

Sources: Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/), Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/), Security Agreement (Pulte Homes Inc/Mi/)