Common use of Additional Covenant Defaults Clause in Contracts

Additional Covenant Defaults. Seller shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (c) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a party, and if such default shall be capable of being remedied, such failure to observe or perform shall continue unremedied for a period of 1 Business Day; or

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement

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Additional Covenant Defaults. A Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (cSection 12(c)) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a partyProgram Document, and if such default shall be capable of being remedied, and such failure to observe or perform shall continue unremedied for a period of 1 ten (10) Business DayDays; or

Appears in 2 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Additional Covenant Defaults. A Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (cSection 13(c)) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a partyProgram Document, and if such default shall be capable of being remedied, and such failure to observe or perform shall continue unremedied for a period of 1 five (5) Business DayDays after notice or actual knowledge thereof; or

Appears in 2 contracts

Samples: Master Repurchase Agreement (Ares Commercial Real Estate Corp), Master Repurchase Agreement (RAIT Financial Trust)

Additional Covenant Defaults. A Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (c) of Section 13), ) or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a partyProgram Document, and if such default shall be capable of being remedied, and such failure to observe or perform shall continue unremedied for a period of 1 5 Business DayDays; or

Appears in 1 contract

Samples: Master Repurchase Agreement (M I Homes Inc)

Additional Covenant Defaults. Seller shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (c) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a party, and if such default shall be capable of being remedied, such failure to observe or perform shall continue unremedied for a period of 1 ten (10) Business DayDays; or

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Additional Covenant Defaults. Seller Party shall fail to observe or perform any other covenant or agreement applicable to Seller Party and contained in this Agreement (and not identified in clause (cSection 13(c)) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained Program Document in any other Facility Document to which such Seller Party is a partymaterial respect, and if such default shall be capable of being remedied, such failure to observe or perform shall continue unremedied for a period of 1 Business Day[***] following the earlier of written notice or knowledge of an Executive Officer; or

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

Additional Covenant Defaults. A Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (c) of Section 13), ) or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a partyProgram Document, and if such default shall be capable of being remedied, and such failure to observe or perform shall continue unremedied for a period of 1 5 Business DayDays; oror ‑20‑

Appears in 1 contract

Samples: Master Repurchase Agreement (M I Homes Inc)

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Additional Covenant Defaults. A Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (cSection 12(c)) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a partyProgram Document, and if such default shall be capable of being remedied, and such failure to observe or perform shall continue unremedied for a period of 1 Business Day[***]; or

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

Additional Covenant Defaults. A Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement (and not identified in clause (cSection 12(c)) of Section 13), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a partyProgram Document, and if such default shall be capable of being remedied, and such failure to observe or perform shall continue unremedied for a period of 1 five (5) Business DayDays; or

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

Additional Covenant Defaults. Any Seller Party shall fail to observe or perform any other covenant or agreement contained in this Agreement the Facility Documents (and not identified in clause (cSection 14(d) of Section 13hereof), or any other Seller Party shall fail to observe or perform any covenant or agreement contained in any other Facility Document to which such Seller Party is a party, and if such default shall be capable of being remedied, such failure to observe or perform shall continue unremedied for a period of 1 Business Daybeyond [***]; or

Appears in 1 contract

Samples: Master Repurchase Agreement (Finance of America Companies Inc.)

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