Common use of Servicing Portfolio Clause in Contracts

Servicing Portfolio. Not, and not permit any Subsidiary to, commit or suffer to be committed any act which would constitute a material breach of any material contract to which the Company now is or hereafter becomes a party under which the Company is obligated to service Mortgage Loans for another Person.

Appears in 1 contract

Sources: Warehousing Credit Agreement (MDC Holdings Inc)

Servicing Portfolio. Not, and not permit any Subsidiary ------------------- to, commit or suffer to be committed any act which would constitute a material breach of any material contract to which the Company now is or hereafter becomes a party under which the Company is obligated to service Mortgage Loans for another Person.

Appears in 1 contract

Sources: Warehousing Credit Agreement (MDC Holdings Inc)

Servicing Portfolio. Not, and not permit any Subsidiary to, commit ------------------- or suffer to be committed any act which would constitute a material breach of any material contract to which the Company now is or hereafter becomes a party under which the Company is obligated to service Mortgage Loans for another Person.

Appears in 1 contract

Sources: Warehousing Credit Agreement (MDC Holdings Inc)