Common use of Effective Agreement Clause in Contracts

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser and consummation of the transactions contemplated hereby have been or will be duly and validly authorized by all necessary corporate, shareholder or other action; and this Agreement has been duly and validly executed and delivered by the Purchaser, and this Agreement is a valid and legally binding agreement of the Purchaser enforceable against the Purchaser in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights and the discretion of a court to grant specific performance.

Appears in 3 contracts

Sources: Transfer Agreement (Onity Group Inc.), Transfer Agreement (Ocwen Financial Corp), Transfer Agreement (New Residential Investment Corp.)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser Seller and consummation of the transactions contemplated hereby have been or will be duly and validly authorized by all necessary corporate, shareholder limited liability company or other action; and this . This Agreement has been duly and validly executed and delivered by the PurchaserSeller, and this Agreement is a valid and legally binding agreement of the Purchaser Seller enforceable against the Purchaser Seller in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights and the discretion of a court to grant specific performance.

Appears in 3 contracts

Sources: Transfer Agreement (Onity Group Inc.), Transfer Agreement (Ocwen Financial Corp), Transfer Agreement (New Residential Investment Corp.)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser and consummation of the transactions contemplated hereby have Transactions has been or will be duly and validly authorized by all necessary corporate, shareholder or other actionentity action by Purchaser; and this Agreement has been duly and validly executed and delivered by the Purchaser, and this Agreement is a valid and legally binding agreement of the Purchaser and enforceable against the Purchaser in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights and the discretion of a court to grant specific performance.

Appears in 1 contract

Sources: Servicing Rights Purchase and Sale Agreement (Finance of America Companies Inc.)

Effective Agreement. The execution, delivery delivery, and performance of this Agreement by the Purchaser Owner and consummation of the transactions contemplated hereby have been or will be duly and validly authorized by all necessary corporate, shareholder shareholder, or other actionaction by Owner; and this Agreement has been duly and validly executed and delivered by the Purchaser, Owner; and this Agreement is a valid and legally binding agreement of the Purchaser Owner, enforceable against the Purchaser Owner in accordance with its respective terms, subject to bankruptcy, insolvency and similar laws affecting generally generally, the enforcement of creditor’s creditors’ rights and the discretion of a court to grant specific performanceperformance of contracts.

Appears in 1 contract

Sources: Portfolio Servicing Agreement (PHH Corp)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser and consummation of the transactions contemplated hereby have Transaction has been or will be duly and validly authorized by all necessary corporate, shareholder corporate or other actionaction by Purchaser; and this Agreement has been duly and validly executed and delivered by the Purchaser, and this Agreement is a valid and legally binding agreement agreements of the Purchaser and enforceable against the Purchaser in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights and the discretion of a court to grant specific performance.

Appears in 1 contract

Sources: Bulk Servicing Rights Purchase and Sale Agreement (Ocwen Financial Corp)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser Company and consummation of the transactions contemplated hereby have been or will be duly and validly authorized by all necessary corporate, shareholder or other actionaction by the Company; and this Agreement has been duly and validly executed and delivered by the Purchaser, Company; and this Agreement is a valid and legally binding agreement of the Purchaser Company, enforceable against the Purchaser Company in accordance with its respective terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s creditors’ rights and the discretion of a court to grant specific performanceperformance of contracts.

Appears in 1 contract

Sources: Portfolio Servicing Agreement (PHH Corp)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser Seller and consummation of the transactions contemplated hereby have been or will be duly and validly authorized by all necessary corporate, shareholder corporate or other action; and this . This Agreement has been duly and validly executed and delivered by the PurchaserSeller, and this Agreement is a valid and legally binding agreement of the Purchaser Seller enforceable against the Purchaser Seller in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights and the discretion of a court to grant specific performance.

Appears in 1 contract

Sources: Bulk Agreement for the Purchase and Sale of Mortgage Servicing Rights (HomeStreet, Inc.)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser and consummation of the transactions contemplated hereby have has been or will be duly and validly authorized by all necessary corporate, shareholder or other action; and this Agreement has been duly and validly executed and delivered by the Purchaser, and this Agreement is a valid and legally binding agreement of the Purchaser enforceable against the Purchaser in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting generally the enforcement of creditor’s rights and the discretion of a court to grant specific performance.

Appears in 1 contract

Sources: Bulk Agreement for the Purchase and Sale of Mortgage Servicing Rights (HomeStreet, Inc.)

Effective Agreement. The execution, delivery and performance of this Agreement by the Purchaser and consummation of the transactions contemplated hereby have been or will be duly and validly authorized by all necessary corporate, shareholder or other actionaction by Purchaser; and this Agreement has been duly and validly executed and delivered by the Purchaser, and this Agreement is a the valid and legally binding agreement of the Purchaser and enforceable against the Purchaser in accordance with its terms, subject to bankruptcythe effect of insolvency, insolvency liquidation, conservatorship and other similar laws affecting generally the enforcement of creditor’s rights Applicable Laws and the discretion of a court to grant specific performance.;

Appears in 1 contract

Sources: Servicing Rights Purchase and Sale Agreement (First Horizon National Corp)