Common use of Business Condition Clause in Contracts

Business Condition. A change occurs, or is reasonably likely to occur, in the business condition (financial or otherwise), operations, properties or prospects of Seller, or the ability of Seller to pay amounts owed to Buyer under the Repurchase Documents which could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (Redfin CORP)

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Business Condition. A change occurs, or is reasonably likely to occur, in the business condition (financial or otherwise), operations, properties or prospects of SellerSellers, or the ability of Seller Sellers to pay amounts owed to Buyer under the Repurchase Documents which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Master Repurchase Agreement (Guild Holdings Co)

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Business Condition. A change occurs, or is reasonably likely to occur, in the business condition (financial or otherwise), operations, operations or properties of Seller or prospects of SellerParent, or the ability of Seller or Parent to pay amounts owed to Buyer the Administrative Agent and Buyers under the Repurchase Documents which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Master Repurchase Agreement (Ryland Group Inc)

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