Common use of Failure to Sell Clause in Contracts

Failure to Sell. If for any reason, except the willful or grossly negligent act or omission of RMST, the Agent or the Warehouse Purchasers, the Company has not caused any Eligible Mortgage to be sold to an Investor on or before the date (the "Failure Date") that is the earlier of:

Appears in 2 contracts

Samples: Mortgages Purchase Agreement (Community Home Mortgage Corp), Residential Mortgage Services (Homegold Financial Inc)

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Failure to Sell. If for any reason, except the willful or grossly negligent act or omission of RMST, the Agent or the Warehouse Purchasers, the Company has not caused any Eligible Mortgage to be sold to an Investor on or before the date (the "Failure DateFAILURE DATE") that is the earlier of:

Appears in 1 contract

Samples: Mortgages Purchase Agreement (Austin Funding Com Corp)

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Failure to Sell. If for any reason, except the willful or grossly negligent act or omission of RMST, the Agent or the Warehouse Purchasers, the Company has not caused any Eligible Mortgage to be sold to an Investor on or before the date (the "Failure DateFAILURE DATE") that is the earlier of:

Appears in 1 contract

Samples: Mortgages Purchase Agreement (Austin Funding Com Corp)

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