Common use of Financial Condition of Seller Clause in Contracts

Financial Condition of Seller. On or before the Sale Date, the Seller shall, if requested by the Purchaser, have provided to the Purchaser information reasonably satisfactory to the Purchaser to evidence that the financial condition of the Seller is adequate to support the performance by the Seller on a timely basis of the Seller’s potential repurchase, indemnification and other obligations hereunder.

Appears in 2 contracts

Samples: Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (First Savings Financial Group, Inc.), Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (HomeStreet, Inc.)

AutoNDA by SimpleDocs

Financial Condition of Seller. On or before the Sale Date, the Seller shall, if requested by the Purchaser, shall have provided to the Purchaser information reasonably satisfactory to the Purchaser to evidence that the financial condition of the Seller is adequate to support the performance by the Seller on a timely basis of the Seller’s 's potential repurchase, indemnification and other obligations hereunder.

Appears in 2 contracts

Samples: Servicing Rights Purchase and Sale Agreement (Taylor Capital Group Inc), Servicing Rights Purchase and Sale Agreement (Taylor Capital Group Inc)

AutoNDA by SimpleDocs

Financial Condition of Seller. On or before the Sale Date, the Seller shall, if requested by the Purchaser, shall have provided to the Purchaser information reasonably satisfactory to the Purchaser copies of Seller’s most recent financial statements to evidence that the financial condition of the Seller is adequate to support the performance by the Seller on a timely basis of the Seller’s potential repurchase, indemnification and other obligations hereunder.

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!