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 clause (b) of 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 five (5) Business Days.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Additional Covenant Defaults. Seller fails to observe or perform any other covenant or agreement contained in this Repurchase Agreement (and not identified in clause (bSection 12(b) of this Sectionhereof) 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 five ten (510) Business DaysDays after knowledge thereof by, or notice thereof to, a Responsible Officer.

Appears in 1 contract

Samples: 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 covered by clause (b) of 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 five (5) Business Days[***] calendar days.

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

AutoNDA by SimpleDocs

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 (bc) of this SectionSection 13.01) 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 five (5) 5 Business Days.; or

Appears in 1 contract

Samples: Master Repurchase Agreement (Anthracite Capital Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!