Governmental Event. Buyer shall determine, in its sole discretion, that a Governmental Event, individually or collectively, and whether unforeseen or arising out of any Seller’s existing applications, communications and correspondence with any Governmental Authority or Person, has had, or is likely to have, a Material Adverse Effect, or an adverse effect upon its ability to perform its obligations under this Agreement or any other material agreement to which it is a party or that may otherwise materially impair, limit or restrict any Seller’s ability to conduct its business or its operations. An Event of Default shall be deemed to be continuing unless expressly waived by Buyer in writing.
Governmental Event. Administrative Agent shall determine, in its sole discretion, that a Governmental Event, individually or collectively, and whether unforeseen or arising out of any Seller Party’s or Underlying Repurchase Counterparty’s existing applications, communications and correspondence with any Governmental Authority or Person, has had, or is likely to have, a Material Adverse Effect, or an adverse effect upon its ability to perform its obligations under this Agreement or any other material agreement to which it is a party or that may otherwise materially impair, limit or restrict any Seller Party’s or Underlying Repurchase Counterparty’s ability to conduct its business or its operations.
Governmental Event. In Administrative Agent’s sole discretion, no Governmental Event individually or collectively, and whether unforeseen or arising out of the Underlying Repurchase Counterparty’s existing applications, communications and correspondence with any Governmental Authority or Person, has had a Material Adverse Effect with respect to the Underlying Repurchase Counterparty, or an adverse effect upon such Underlying Repurchase Counterparty’s ability to perform such Underlying Repurchase Counterparty’s obligations under the Underlying Repurchase Documents or any other material agreement to which it is a party or would otherwise materially impair, limit or restrict such Underlying Repurchase Counterparty’s ability to conduct its business or its operations.
Governmental Event. Buyer shall determine, in its sole discretion, that a Governmental Event, individually or collectively, and whether unforeseen or arising out of Seller’s or Underlying Repurchase Counterparty’s existing applications, communications and correspondence with any Governmental Authority or Person, has had, or is likely to have, a Material Adverse Effect, or an adverse effect upon its ability to perform its obligations under this Agreement or any other material agreement to which it is a party or that may otherwise materially impair, limit or restrict Seller’s or Underlying Repurchase Counterparty’s ability to conduct its business or its operations. An Event of Default shall be deemed to be continuing unless expressly waived by Buyer in writing.
Governmental Event. Administrative Agent shall determine, in its sole discretion, that a Governmental Event, individually or collectively, and whether unforeseen or arising out of Seller’s existing applications, communications and correspondence with any Governmental Authority or Person, has had, or is likely to have, a Material Adverse Effect with respect to Seller, Guarantor or any Affiliate, or an adverse effect upon its ability to perform its obligations under this Agreement or any other material agreement to which it is a party or that may otherwise materially impair, limit or restrict Seller's ability to conduct its business or its operations. An Event of Default shall be deemed to be continuing unless expressly waived by Administrative Agent in writing.
