Common use of Breach of Financial Representation or Covenant or Obligation Clause in Contracts

Breach of Financial Representation or Covenant or Obligation. A breach by any Seller Party of any of the representations, warranties or covenants or obligations set forth in Sections13.a(1) (Seller Party Existence), 13.a(7) (Solvency), 13.a(12) (Material Adverse Change), 13.a(19) (Adjusted Tangible Net Worth), 13(a)(29) (Compliance with 1933 Act), 14.b) (Prohibition of Fundamental Changes), 14.o) (Existence), 14(z) (Plan Assets), 14(dd) (Financial Covenants), 14(ee) (Most Favored Status) or 14(ff) (SPE Covenant; Separateness) of this Agreement.

Appears in 3 contracts

Samples: Master Repurchase Agreement (DITECH HOLDING Corp), Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Walter Investment Management Corp)

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Breach of Financial Representation or Covenant or Obligation. A breach by any Seller Party of any of the representations, warranties or covenants or obligations set forth in Sections13.a(1Sections 13(a)(1) (Seller Party Existence), 13.a(713(a)(7) (Solvency), 13.a(1213(a)(12) (Material Adverse Change), 13.a(1913(a)(19) (Adjusted Tangible Net Worth), 13(a)(2913(a)(23) (Compliance with 1933 ActOther Indebtedness), 14.b) 14b (Prohibition of Fundamental Changes), 14.o) 14o (Existence), 14(z) 14s(Guarantees), 14t (Indebtedness), 14x (Take-out Payments), 14z (Plan Assets), 14(dd) or 14ff (Financial Covenants), 14(ee) (Most Favored Status) or 14(ff) (SPE Covenant; Separateness) of this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

Breach of Financial Representation or Covenant or Obligation. A breach by any Seller Party of any of the representations, warranties or covenants or obligations set forth in Sections13.a(1Sections 13.a(1) (Seller Party Existence), 13.a(7) (Solvency), 13.a(12) (Material Adverse Change), 13.a(19) (Adjusted Tangible Net Worth), 13(a)(2913.a(23) (Compliance with 1933 ActOther Indebtedness), 14.b) (Prohibition of Fundamental Changes), 14.o14.n) (Distributions), 14.p) (Existence), 14(z14(u) (Indebtedness), 14.x) (No Pledge), 14(y) (Plan Assets), 14(dd14(aa) (Regulation G, T, U or X) or 14(bb) (Financial and other Unique Covenants), 14(ee) (Most Favored Status) or 14(ff) (SPE Covenant; Separateness) of this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Altisource Residential Corp)

Breach of Financial Representation or Covenant or Obligation. A breach by any Seller Party of any of the representations, warranties or covenants or obligations set forth in Sections13.a(1) Sections 13.a.1 (Seller Party ExistenceExistence (solely as to existence)), 13.a(7) 13.a.7 (Solvency), 13.a(12) 13.a.23 (Material Adverse ChangeOther Indebtedness), 13.a(19) (Adjusted Tangible Net Worth), 13(a)(29) (Compliance with 1933 Act), 14.b) 14.b (Prohibition of Fundamental Changes), 14.o) 14.m (ExistenceDistributions), 14(z) 14.o (Existence (solely as to existence)), 14.t (Indebtedness), 14.z (Plan Assets), 14(dd) 00.xx (No Pledge), 00.xx (Financial Covenants), 14(ee) (Most Favored Status) or 14(ff) 00.xx (SPE Covenant; Separateness) of this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

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Breach of Financial Representation or Covenant or Obligation. A breach by any Seller Party of any of the representations, warranties or covenants or obligations set forth in Sections13.a(1Sections 13.a(1) (Seller Party Existence), 13.a(7) (Solvency), 13.a(12) (Material Adverse Change), 13.a(19) (Adjusted Tangible Net Worth), 13(a)(2913.a(29) (Compliance with 1933 Act), 14.b) 14.b (Prohibition of Fundamental Changes), 14.o) 14.o (Existence), 14(z) 14.z (Plan Assets), 14(dd) 14.dd (Financial Covenants), 14(ee) 00.xx (Most Favored Status) or 14(ff) 14.ff (SPE Covenant; Separateness) of this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Walter Investment Management Corp)

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