Common use of Agency Approvals Clause in Contracts

Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout Commitment, including, without limitation, a change in insurance coverage which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals or require notification to the Applicable Agency.

Appears in 2 contracts

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

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Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable each Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout Commitmentoccur, 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 Approvals approvals or require notification to the Applicable Agencyrelevant Agency or to HUD, FHA, VA or RD. 5. deleting clause (aa) in its entirety and replacing it with the following:

Appears in 1 contract

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp)

Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable each Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout CommitmentCommitment with respect to Agency Eligible Loans, including, without limitation, a change in insurance coverage which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals approvals or require notification to the Applicable Agencyrelevant Agency or to HUD, FHA or VA, as applicable.

Appears in 1 contract

Samples: Master Repurchase Agreement (Walter Investment Management Corp)

Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout Commitment, including, without limitation, a change in insurance coverage which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals approvals or require notification to the Applicable Agency.

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable Agencyeach Agency with which it is Approved, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout Commitmentoccur, including, without limitation, a change in insurance coverage which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals or require notification to the Applicable Agencyrelevant Agency or to HUD, FHA, VA or RD, as applicable.

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

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Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable each Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout CommitmentCommitment with respect to Agency Eligible Loans, 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 Approvals approvals or require notification to the Applicable Agencyrelevant Agency or to HUD, FHA or VA.

Appears in 1 contract

Samples: Master Repurchase Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)

Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout Commitmentoccur, including, without limitation, limitation a change in insurance coverage coverage, which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals approvals or require notification to the Applicable Agency.

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Agency Approvals. Seller has all such requisite Approvals and is in good standing with the Applicable each Agency, with no event having occurred or Seller having any reason whatsoever to believe or suspect will occur prior to the issuance of the consummation of any Takeout CommitmentCommitment with respect to Agency Eligible Loans, including, without limitation, a change in insurance coverage which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable Approvals approvals or require notification to the Applicable relevant Agency.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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