Exercise of Renewal Option. Buyer and Seller acknowledge and agree that pursuant to the terms of this Amendment Seller has exercised its second and final Renewal Option under Article 3(i)(ii) of the Master Repurchase Agreement and Seller has no further Renewal Options available under Article 3(i)(ii) of the Master Repurchase Agreement.
Appears in 3 contracts
Samples: Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.), Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.), Master Repurchase and Securities Contract Agreement (Granite Point Mortgage Trust Inc.)
Exercise of Renewal Option. Buyer and Seller acknowledge and agree that pursuant to the terms of this Amendment Seller has exercised the first of its second and final two successive Renewal Option Options under Article 3(i)(ii) of the Master Repurchase Agreement and Seller has no further shall have only one (1) remaining Renewal Options Option available under Article 3(i)(ii) of the Master Repurchase Agreement.
Appears in 2 contracts
Samples: Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.), Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.)
