Additional Covenant Defaults. A Seller or the Guarantor shall fail to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (c) of this Section 13.01) or any other Facility 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 five (5) Business Days; or
Appears in 2 contracts
Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)
Additional Covenant Defaults. A The Seller or the Guarantor shall fail to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (c) of this Section 13.01) or any other Facility 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 five (5) 3 Business Days; or
Appears in 1 contract
Samples: Master Repurchase Agreement (First NLC Financial Services Inc)
Additional Covenant Defaults. A Any Seller or the Guarantor shall fail fails to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (cb) of this Section 13.01Section) or any other Facility Document; and, and if such default shall be is capable of being remedied, and such failure to observe or perform shall continue continues unremedied for a period of five (5) Business Days; or.
Appears in 1 contract
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Additional Covenant Defaults. A Seller or the Guarantor shall fail fails to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (cSection 12(b) of this Section 13.01hereof) or any other Facility Document; and, and if such default shall be is capable of being remedied, and such failure to observe or perform shall continue continues unremedied for a period of five one (51) Business Days; orDay following notice to Seller or Guarantor of such default.
Appears in 1 contract
Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)
Additional Covenant Defaults. A Any Seller or the Guarantor Guarantor, shall fail to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (c) of this Section 13.018.03) or any other Facility 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 five one (51) Business DaysDay; or
Appears in 1 contract
Samples: Master Repurchase Agreement (Sutherland Asset Management Corp)
Additional Covenant Defaults. A Seller or the Guarantor shall fail to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (c) of this Section 13.0113.1) or any other Facility Repurchase Document, and if such default shall be capable of being remediedremedied within thirty (30) calendar days, and such failure to observe or perform shall continue unremedied for a period of five (5) Business Dayssuch period; or
Appears in 1 contract
Samples: Master Repurchase Agreement (Taberna Realty Finance Trust)
Additional Covenant Defaults. A Seller or the Guarantor The Sellers shall fail to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (ciii) of this Section 13.0118(a)) or any other Facility Program 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 five three (53) Business Days; or
Appears in 1 contract
Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp)
