Common use of Initial Transaction Clause in Contracts

Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Administrative Agent:

Appears in 5 contracts

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

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Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by Seller and each other party thereto:

Appears in 3 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Walter Investment Management Corp)

Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by Sellers and each other party thereto:

Appears in 2 contracts

Samples: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp)

Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by Seller where applicable and each other party thereto:

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Korth Direct Mortgage Inc.)

Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial LEGAL02/41326134v4 Transaction the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by Seller and each other party thereto:

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

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Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by each Seller, Guarantor and each other party thereto:

Appears in 1 contract

Samples: Master Repurchase Agreement (Altisource Residential Corp)

Initial Transaction. As conditions precedent to the effectiveness of this Agreement and the initial TransactionTransaction entered into hereunder, Administrative Agent shall have received on or before the day of such initial Transaction Effective Date (except as otherwise required by any Program Agreement) the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by Seller, Guarantor and each other party thereto, as applicable:

Appears in 1 contract

Samples: Master Repurchase Agreement (Benefit Street Partners Realty Trust, Inc.)

Initial Transaction. As conditions precedent to the initial Transaction, Administrative Agent shall have received on or before the day of such initial Transaction the following, in form and substance satisfactory to Administrative AgentAgent and duly executed by Seller, Guarantor and each other party thereto, as applicable:

Appears in 1 contract

Samples: Master Repurchase Agreement (InPoint Commercial Real Estate Income, Inc.)

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