Common use of Flood Certification Contract Clause in Contracts

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Loan and such contract is assignable without penalty, premium or cost to Buyer.

Appears in 14 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

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Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.the Purchaser;

Appears in 8 contracts

Samples: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-A1), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each such Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.

Appears in 7 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (AmeriHome, Inc.)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Loan with an Approved Flood Policy Insurer and such contract is assignable to Purchaser without penalty, premium or cost to Buyercost.

Appears in 6 contracts

Samples: Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Buyer.;

Appears in 5 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (WMC Finance Co), Master Repurchase Agreement (Homebanc Corp)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan with an Approved Flood Policy Insurer, and such contract is assignable without penalty, premium or cost to Buyer, and its successors and assigns, without cost.

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement

Flood Certification Contract. Seller has The Sellers have obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Buyer.;

Appears in 4 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium to the Buyer or cost to the Buyer’s designee.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract with a nationally recognized flood zone service provider acceptable to Purchaser for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyerthe Purchaser.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc Series 2004-Ncm2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Mortgage Pass-Through Certificates, Series 2004-Ncm1)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each such Mortgage Loan and such contract is assignable without penalty, premium or cost to BuyerAdministrative Agent or Buyers.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

Flood Certification Contract. Seller has Sellers have obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Flood Certification Contract. Except with respect to Junior Mortgage Loans, the Seller has obtained a life of loan, transferable flood certification contract for each Loan Underlying Asset and such contract is assignable without penalty, premium or cost to Buyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan with a Flood Policy Insurer, and such contract is assignable without penalty, premium or cost to Buyer, and its successors and assigns, without cost.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Stonegate Mortgage Corp)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract acceptable to Agent in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyerthe Agent.

Appears in 1 contract

Samples: Master Repurchase Agreement (Finance of America Companies Inc.)

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Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan with an Approved Flood Policy Insurer, and such contract is assignable to the Buyers, and their successors and assigns, without penalty, premium or cost to Buyercost.

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Flood Certification Contract. Seller has The Sellers have obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.the Administrative Agent;

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract for each such Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (M/I Homes, Inc.)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer for each Mortgage Loan and such contract is assignable without penalty, premium or cost to Buyer.the Purchaser; (yy)

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-11xs)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable to the Purchaser or the Purchaser's designee without penalty, premium or cost to Buyer.the Purchaser. Such flood certification contract contains complete and accurate information with respect to the Mortgage Loan and the Mortgaged Property;

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a)

Flood Certification Contract. The Seller has obtained a life of loan, transferable flood certification contract acceptable to Buyer in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Finance of America Companies Inc.)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan with a Flood Policy Insurer, and such contract is assignable to the Buyers, and their successors and assigns, without penalty, premium or cost to Buyercost.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

Flood Certification Contract. The applicable Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan with an Approved Flood Policy Insurer, and such contract is assignable without penalty, premium or cost to Buyer, and its successors and assigns, without cost.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Flood Certification Contract. Seller has obtained a life of loan, transferable flood certification contract for each such Mortgage Loan and such contract is assignable without penalty, premium or cost to BuyerAdministrative Agent (as agent and representative of Buyers).

Appears in 1 contract

Samples: Master Repurchase Agreement (Lennar Corp /New/)

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