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Common use of Underlying Loan Defaults Acquisition of Collateral Clause in Contracts

Underlying Loan Defaults Acquisition of Collateral.

Appears in 4 contracts

Sources: Reimbursement, Security and Guaranty Agreement, Reimbursement, Security and Guaranty Agreement, Reimbursement, Security and Guaranty Agreement

Related Clauses

  • Actions in Respect of the Letters of Credit upon Default
  • Payments of Notes on Default; Suit Therefor
  • Realization Upon Defaulted Mortgage Loans; REO Property
  • Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans
  • Realization Upon Defaulted Mortgage Loans

Parent Clauses

  • Security Interest
  • Obligations Absolute

Sub-Clauses

  • REO Property
  • Acquisition of Collateral
  • Discretion of Debtor in Responding to Defaults of Underlying Borrower
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