Example ContractsClausesDelivery of Underlying Repurchase Documents
Delivery of Underlying Repurchase Documents
Delivery of Underlying Repurchase Documents contract clause examples

Delivery of Underlying Repurchase Documents. True and correct copies of the Underlying Repurchase Documents have been delivered to Buyer.

Delivery of Underlying Repurchase Documents. True and correct copies of the Underlying Repurchase Documents have been delivered to Buyer.

Delivery of Underlying Repurchase Documents. True and correct copies of the Underlying Repurchase Documents have been delivered to Buyer.

Underlying Repurchase Documents. (i) Any material provision of any Underlying Repurchase Document shall at any time for any reason cease to be valid and binding or in full force and effect; or # PMC shall deny that it has any or further liability or obligation under any material provision of any Underlying Repurchase Document; or # POP or PMC shall fail to perform or observe any material covenant, term, obligation or agreement contained in any Underlying Repurchase Document or defaults in the performance or observance of any of its obligations under any Underlying Repurchase Document and such default shall continue after the earlier of # the expiration of the grace period, if any, applicable thereto under such Underlying Repurchase Document and # two (2) Business Days; or # the validity or enforceability of any material provision of any Underlying Repurchase Document shall be contested by any party thereto; or # any representation or warranty set forth on [Schedule 1]-B shall be untrue in any material respect; unless in each case of [clauses (i) through (v)], the related Mortgage Loans subject to the Underlying Repurchase Document are repurchased by POP within two (2) Business Days following notice or knowledge thereof.

The Underlying Repurchase Agreement contains broad repledge, assignment and rehypothecation provisions in favor of POP permitting POP to sell, transfer and assign to Buyer hereunder, without restriction or rights to consent by PMC or any other Person, all of POP’s right, title and interest in Underlying Repurchase Assets purchased by POP thereunder;

Underlying Repurchase Documents. (i) Any material provision of any Underlying Repurchase Document shall at any time for any reason cease to be valid and binding or in full force and effect; or # PMC shall deny that it has any or further liability or obligation under any material provision of any Underlying Repurchase Document; or # POP or PMC shall fail to perform or observe any material covenant, term, obligation or agreement contained in any Underlying Repurchase Document or defaults in the performance or observance of any of its obligations under any Underlying Repurchase Document and such default shall continue after the earlier of # the expiration of the grace period, if any, applicable thereto under such Underlying

The Underlying Repurchase Agreement contains broad repledge, assignment and rehypothecation provisions in favor of POP permitting POP to sell, transfer and assign to Buyer hereunder, without restriction or rights to consent by PMC or any other Person, all of POP’s right, title and interest in Underlying Repurchase Assets purchased by POP thereunder;

The Underlying Repurchase Agreement contains broad repledge, assignment and rehypothecation provisions in favor of POP permitting POP to sell, transfer and assign to Buyer hereunder, without restriction or rights to consent by PMC or any other Person, all of POP’s right, title and interest in Underlying Repurchase Assets purchased by POP thereunder;

Underlying Repurchase Documents. With respect to any Purchased Loan that was subject to an Underlying POP Repurchase Transaction, Sellers shall provide a Transaction Request (as defined in the Underlying Repurchase Documents), which shall reference the applicable Mortgage Loan Schedule which shall describe the Purchased Loan. All Underlying POP Repurchase Documents applicable to each

Underlying Repurchase Documents. (i) Any material provision of any Underlying Repurchase Document shall at any time for any reason cease to be valid and binding or in full force and effect; or # PMC shall deny that it has any or further liability or obligation under any material provision of any Underlying Repurchase Document; or # POP or PMC shall fail to perform or observe any material covenant, term, obligation or agreement contained in any Underlying Repurchase Document or defaults in the performance or observance of any of its obligations under any Underlying Repurchase Document and such default shall continue after the earlier of # the expiration of the grace period applicable thereto under such Underlying Repurchase Document and # two (2) Business Days; or # the validity or enforceability of any material provision of any Underlying Repurchase Document shall be contested by any party thereto; or # any representation or warranty set forth on [Schedule 1]-D shall be untrue in any material respect; unless in each case of [clauses (i) through (v)], the related Mortgage Loans subject to the Underlying Repurchase Document are repurchased by POP within two (2) Business Days following notice or knowledge thereof; or

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