Common use of Agency Approvals Clause in Contracts

Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, HUD, FHA and VA, to the extent necessary to conduct its business as then being conducted, with no event having occurred which would make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals.

Appears in 9 contracts

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

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Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, HUD, FHA and VA, to the extent necessary to conduct its business as then being conducted, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur, including, without limitation, a change in insurance coverage which would either make the Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvalsapprovals or require notification to the relevant Agency or to HUD, FHA, VA or RD.

Appears in 4 contracts

Samples: Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (Caliber Home Loans, Inc.), Assignment and Assumption (Pennymac Financial Services, Inc.)

Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, HUD, FHA and VA, to the extent necessary to conduct its business as then being conducted, with no event having occurred which would make Seller unable to comply with the eligibility eligibility, net worth, capital or liquidity requirements for maintaining all such applicable Approvals.

Appears in 2 contracts

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

Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, HUD, FHA and VA, to the extent necessary to conduct its business as then being conducted, with no event having occurred which would make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals.. LEGAL02/41245355v3

Appears in 1 contract

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

Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, Agency and HUD, FHA and VA, to the extent necessary to conduct its business as then being conducted, with no event having occurred which would make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals.

Appears in 1 contract

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

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Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, HUD, FHA and VA, Agency to the extent necessary to conduct its business as then it is now being conductedconducted and as necessary to fulfill its obligations with respect to the Mortgage Loans hereunder, with no event having occurred occurred, including, without limitation, a change in insurance coverage which would either make the Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvalsapprovals with the relevant Agency or to HUD, FHA, VA or RD.

Appears in 1 contract

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

Agency Approvals. Seller has all requisite Approvals and is in good standing with each Agency, HUD, FHA FHA, VA and VARHS, to the extent necessary to conduct its business as then being conducted, with no event having occurred which would make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals.

Appears in 1 contract

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

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