Common use of Immediate Covenant Default Clause in Contracts

Immediate Covenant Default. The failure of the Seller to perform, comply with or observe any term, covenant or agreement applicable to the Seller contained in any of Sections 12(a), (j), (p),(q), (r), (s), (v), (x) or (y); or

Appears in 1 contract

Samples: Master Repurchase Agreement (Anthracite Capital Inc)

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Immediate Covenant Default. The failure of the Seller to perform, comply with or observe any term, covenant or agreement applicable to the Seller contained in any of Sections 12(a), (h), (j), (p),(qn), (p) (q), (r), (s), (vt), (u), (w), (x), (y) or (yz); or”

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

Immediate Covenant Default. The failure of the Seller to perform, comply with or observe any term, covenant or agreement applicable to the Seller contained in any of Sections 12(a), (h), (j), (p),(qn), (p) (q), (r), (s), (vt), (u), (w), (x) ), or (y); or

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

Immediate Covenant Default. The failure of the either Seller to perform, comply with or observe any term, covenant or agreement applicable to the Seller contained in any of Sections 12(a12(a)(i), (jii) and (iii), (p),(qi), (k), (m), (o), (p), (q), (r), (s), t) or (v), (x) or (y); or

Appears in 1 contract

Samples: Repurchase Agreement (Criimi Mae Inc)

Immediate Covenant Default. The failure of any Seller or the Seller Guarantor, as applicable, to perform, comply with or observe any term, covenant or agreement applicable to the Seller contained in any of Sections 12(aXxxxxxxx 00(x), (jx), (p),(qx), (rx) (x), (sx), (vx), (x), (x), (x) or (y); or

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

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Immediate Covenant Default. The failure of the Seller Sellers to perform, comply with or observe any term, covenant or agreement applicable to the Seller Sellers contained in any of Sections 12(a17(a), (c)(i), (i), (j), (p),(qk), (ro), (p), (q), (s), (v), (x) or (yu); or

Appears in 1 contract

Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp)

Immediate Covenant Default. The failure of the any Seller or Guarantor, as applicable, to perform, comply with or observe any term, covenant or agreement applicable to the Seller contained in any of Sections 12(aXxxxxxxx 00(x), (jx), (p),(qx), (rx) (x), (sx), (vx), (x), (x), (x) or (y); or

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

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