Common use of Servicer Rating Clause in Contracts

Servicer Rating. If Lender shall receive a notice pursuant to Section 7.03(g) hereof, Lender shall have the right in its discretion to require that Borrower enter into an amendment to this Agreement to require that Borrower maintain such thresholds with the Applicable Agencies as Lender may require at such time.

Appears in 2 contracts

Sources: Loan and Security Agreement (PennyMac Mortgage Investment Trust), Loan Agreement (PennyMac Mortgage Investment Trust)

Servicer Rating. If Lender shall receive a notice pursuant to Section 7.03(g7.03(h) hereof, Lender shall have the right in its discretion to require that Borrower enter into an amendment to this Agreement to require that Borrower maintain such thresholds with the Applicable Agencies as Lender may require at such time.

Appears in 1 contract

Sources: Loan and Security Agreement (PennyMac Mortgage Investment Trust)