Common use of Certain Debt to Remain Unsecured Clause in Contracts

Certain Debt to Remain Unsecured. The Seller will cause any and all obligations of the Seller to any shareholder, officer or Affiliate of the Seller, whether such debt exists as of the Effective Date or is incurred in the future, to remain at all times unsecured.

Appears in 10 contracts

Samples: Master Repurchase Agreement (M.D.C. Holdings, Inc.), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (M/I Homes, Inc.)

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Certain Debt to Remain Unsecured. The Seller will cause any and all debt and obligations of the Seller advanced to the Seller by any shareholdermember, manager or officer or Affiliate of the Seller, Seller whether such debt exists as of the Effective Date or is incurred in the future, future to remain at all times unsecured.

Appears in 6 contracts

Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)

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