Common use of Limited Business Clause in Contracts

Limited Business. Since its formation the Issuer has conducted no business other than entering into and performing its obligations under the Transaction Documents to which it is a party, and such other activities as are incidental to the foregoing. The Transaction Documents to which it is a party, and any agreements entered into in connection with the transactions that are permitted thereby, are the only agreements to which the Issuer is a party.

Appears in 29 contracts

Samples: Indenture (PennyMac Mortgage Investment Trust), Indenture (loanDepot, Inc.), Indenture (New Residential Investment Corp.)

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Limited Business. Since its formation formation, the Issuer has conducted no business other than entering into and performing its obligations under the Transaction Documents to which it is a party, and such other activities as are incidental to the foregoing. The Transaction Documents to which it is a party, and any agreements entered into in connection with the transactions that are permitted thereby, are the only agreements to which the Issuer is a party.

Appears in 3 contracts

Samples: Base Indenture (Mr. Cooper Group Inc.), Base Indenture (loanDepot, Inc.), Base Indenture (PennyMac Financial Services, Inc.)

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