Common use of Buyers’ Cooperation Clause in Contracts

Buyers’ Cooperation. The Buyers agree to cooperate among themselves and with the Agent and from time to time upon the Agent’s request, to execute and deliver such papers as may be reasonably necessary to enable the Agent, in its capacity as Agent, to effectively administer this Agreement and the other Repurchase Documents, the Purchased Loans and each Buyer’s Pro Rata undivided ownership interest in the Purchased Loans in the manner contemplated by this Agreement. The Agent and each of the Buyers agree to provide notice to the other parties if they have actual knowledge of an Event of Default at any time.

Appears in 6 contracts

Samples: Master Repurchase Agreement (M.D.C. Holdings, Inc.), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (MDC Holdings Inc)

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