Customary Remedies. The related Mortgage or Note, together with Applicable Law, contains customary and enforceable provisions (subject to the exceptions set forth in Section 3.6(d) above) such as to render the rights and remedies of the holders thereof adequate for the practical realization against the related Mortgaged Property of the principal benefits of the security intended to be provided thereby.
Appears in 3 contracts
Samples: Asset Purchase Agreement (First South Bancorp Inc /Va/), Loan Purchase Agreement (First Bancorp /Nc/), Residential Loan Purchase Agreement (Cascade Bancorp)
Customary Remedies. The related Mortgage or Mortgage Note, together with Applicable Lawapplicable state law, contains customary and enforceable provisions (subject to the exceptions set forth in Section 3.6(dparagraph 11 (Enforceability) above) such as to render the rights and remedies of the holders thereof adequate for the practical realization against the related Mortgaged Property of the principal benefits of the security intended to be provided thereby.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Capitol Bancorp LTD), Asset Purchase and Sale Agreement (United Community Banks Inc)
Customary Remedies. The related Mortgage or Mortgage Note, together with Applicable Lawapplicable state law, contains customary and enforceable provisions (subject to the exceptions set forth in Section 3.6(dparagraph 14 (Enforceability) above) such as to render the rights and remedies of the holders thereof adequate for the practical realization against the related Mortgaged Property of the principal benefits of the security intended to be provided thereby.the
Appears in 1 contract
Customary Remedies. The related Mortgage or Note, together with Applicable Law, contains customary and enforceable provisions (subject to the exceptions set forth in Section Section 3.6(d) above) such as to render the rights and remedies of the holders thereof adequate for the practical realization against the related Mortgaged Property of the principal benefits of the security intended to be provided thereby.
Appears in 1 contract
Samples: Commercial Loan Purchase Agreement (Cascade Bancorp)
Customary Remedies. The related Mortgage or Note, together with Applicable Lawapplicable state law, contains customary and enforceable provisions (subject to the exceptions set forth in Section 3.6(dparagraph 9 (Enforceability) above) such as to render the rights and remedies of the holders thereof adequate for the practical realization against the related Mortgaged Property of the principal benefits of the security intended to be provided thereby.
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement (United Community Banks Inc)
Customary Remedies. The related Mortgage or Note, together with Applicable Lawapplicable state law, contains customary and enforceable provisions (subject to the exceptions set forth in Section 3.6(d) aboveparagraph (xii)) such as to render the rights and remedies of the holders thereof adequate for the practical realization against the related Mortgaged Property of the principal benefits of the security intended to be provided thereby.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Mortgage & Asset Receiving Corp Series 2000-C1)