Common use of Further Assurances; Additional Information Clause in Contracts

Further Assurances; Additional Information. (a) The Sellers shall promptly provide such further assurances or agreements as Buyer may request in order to effect the purposes of this Agreement. (b) At any reasonable time, each Seller shall permit Buyer, its agents or attorneys, to inspect and copy any and all documents and data in its possession pertaining to each Purchased Mortgage Loan that is the subject of such Transaction. Such inspection shall occur upon the request of Buyer at a mutually agreeable location during regular business hours and on a date not more than two (2) Business Days after the date of such request. (c) Each Seller agrees to provide Buyer or its agents, from time to time, with such information concerning the Seller of a financial or operational nature as Buyer may reasonably request. (d) Each Seller shall provide Buyer or its agents, with copies of all filings made by or on behalf of the Seller or any entity that controls the Seller, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, promptly upon making such filings. Seller may provide such filings to Buyer via the internet by providing access to a Web address containing such filings; provided, however, that Seller shall give Buyer automatic electronic notice of any filings simultaneously with delivery to the Securities and Exchange Commission (e) Seller shall notify Buyer if any filing made pursuant to subparagraph (d) above is not submitted to the Securities and Exchange Commission by the date required for such filing pursuant to the Securities Exchange Act of 1934.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Aames Investment Corp), Master Repurchase Agreement (Aames Financial Corp/De)

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Further Assurances; Additional Information. (a) The At any time and from time to time, upon the request of Buyer and at the sole expense of Sellers, Sellers shall promptly provide such further assurances or agreements as Buyer may reasonably request in order to effect the purposes of this Agreement, including without limitation the assignment, conveyance and transfer of all right, title and interest of each Purchased Eligible Loan from the relevant Seller to Buyer, or to otherwise obtain or preserve the benefits or rights granted under this Agreement. (b) At any reasonable time, each Seller shall permit Buyer, its agents or attorneys, at Buyer’s expense, to inspect and copy any and all documents and data in its possession pertaining to each Purchased Mortgage Eligible Loan that is the subject of such Transaction. Such inspection shall occur upon the request of Buyer at a mutually agreeable location during regular business hours and on a date not more than two (2) Business Days after the date of such request. Notwithstanding the foregoing, if an Event of Default by any Seller shall have occurred and be continuing, then Buyer, upon notice to Sellers, shall have an immediate right to inspect and copy any and all documents and data in the possession of any Seller pertaining to each Purchased Eligible Loan that is the subject of such Transaction and to the extent that such Seller does not have possession of the relevant loan information for such Purchased Eligible Loans, such Seller shall cause the applicable Servicer to provide Buyer with access and review of such loan information. (c) Each Seller agrees to provide Buyer or its agents, from time to time, with such information concerning the such Seller of a financial or operational nature as Buyer may reasonably request. (d) Each Seller shall provide Buyer or its agents, with copies of (i) all filings made by or on behalf of the such Seller or any entity that controls the such Seller, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, promptly upon making such filings. , or (ii) if such Seller may provide such is not required to make filings to Buyer via the internet by providing access to a Web address containing such filings; provided, however, that Seller shall give Buyer automatic electronic notice of any filings simultaneously with delivery to the Securities and Exchange Commission (e) Seller shall notify Buyer if any filing made pursuant to subparagraph (d) above is not submitted to the Securities , such financial and Exchange Commission other reports as may be required by the date required for such filing pursuant to the Securities Exchange Act of 1934Term Sheet.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

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Further Assurances; Additional Information. (a) The Sellers Each Seller and Buyer shall promptly provide such further assurances or agreements as Buyer the other party may request in order to effect the purposes of this Agreement. (b) At any reasonable time, each Seller shall permit Buyer, its agents or attorneys, to inspect and copy any and all documents and data in its possession pertaining to each Purchased Mortgage Loan HEL that is the subject of such any Transaction. Such inspection shall occur upon the request of Buyer at a mutually agreeable location during regular business hours and on a date not more than two (2) Business Days after the date of such request. (c) Each Seller agrees to provide Buyer or its agents, from time to time, with such information concerning the Seller Sellers of a financial or operational nature as Buyer may reasonably request. (d) Each Seller The Sellers shall provide Buyer or its agents, agents with copies of all filings made by or on behalf of the either Seller or any entity that controls the Seller, a Seller with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, promptly upon making such filings. Seller may provide such filings to Buyer via the internet by providing access to a Web address containing such filings; provided, however, that Seller shall give Buyer automatic electronic notice of any filings simultaneously with delivery to the Securities and Exchange Commission. (e) Each Seller shall notify agrees that information obtained by Buyer if any filing made in connection with repurchase transactions entered into pursuant to subparagraph (d) above is not submitted this Repurchase Agreement may be provided to those employees, agents and representatives of Buyer or any of its affiliates who need to know such information for the Securities and Exchange Commission purpose of rendering services to such Seller as contemplated under this Repurchase Agreement or in connection with any other services which may be provided by the date required for Buyer or its affiliates to such filing pursuant to the Securities Exchange Act of 1934Seller.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

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