Common use of Maintenance of DE Compare Ratio Clause in Contracts

Maintenance of DE Compare Ratio. Seller’s DE Compare Ratio as of the most recent calendar quarter has not exceeded 195%. Each Transaction Request delivered by Seller hereunder shall constitute a certification by Seller that all the conditions set forth in this Section 3(b) (other than clause (xii) hereof) have been satisfied (both as of the date of such notice or request and as of Purchase Date).

Appears in 2 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

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Maintenance of DE Compare Ratio. Seller’s DE Compare Ratio as of the last day of the most recent calendar quarter has not exceeded 195%[***]. Each Transaction Request delivered by Seller hereunder shall constitute a certification by Seller that all the conditions set forth in this Section 3(b) (other than clause (xii) hereof) have been satisfied (both as of the date of such notice or request and as of Purchase Date).

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

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Maintenance of DE Compare Ratio. Seller’s DE Compare Ratio as of the most recent calendar quarter has not exceeded 195%. [***] Each Transaction Request delivered by Seller hereunder shall constitute a certification by Seller that all the conditions set forth in this Section 3(b) (other than clause (xii) hereof) have been satisfied (both as of the date of such notice or request and as of Purchase Date).

Appears in 1 contract

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

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