Common use of Additional Covenant Defaults Clause in Contracts

Additional Covenant Defaults. Seller fails to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in Section 12(b) hereof) or any other Facility Document; and, if such default is capable of being remedied, such failure to observe or perform continues unremedied for a period of ten (10) Business Days after knowledge thereof by, or notice thereof to, a Responsible Officer.

Appears in 1 contract

Sources: Master Repurchase Agreement (Horton D R Inc /De/)

Additional Covenant Defaults. Seller fails to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in Section 12(bcovered by clause (b) hereofof this Section) or any other Facility Document; and, if such default is capable of being remedied, such failure to observe or perform continues unremedied for a period of ten (10) Business Days after knowledge thereof by, or notice thereof to, a Responsible Officer[***] calendar days.

Appears in 1 contract

Sources: Master Repurchase Agreement (AmeriHome, Inc.)

Additional Covenant Defaults. Seller fails to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in Section 12(bclause (b) hereofof this Section) or any other Facility Document; and, if such default is capable of being remedied, such failure to observe or perform continues unremedied for a period of ten five (105) Business Days after knowledge thereof by, or notice thereof to, a Responsible OfficerDays.

Appears in 1 contract

Sources: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Additional Covenant Defaults. The Seller fails shall fail to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (c) of Section 12(b) hereof13.01) or any other Facility Document; and, and if such default is shall be capable of being remedied, and such failure to observe or perform continues shall continue unremedied for a period of ten (10) 5 Business Days after knowledge thereof by, or notice thereof to, a Responsible Officer.Days; or

Appears in 1 contract

Sources: Master Repurchase Agreement (Anthracite Capital Inc)