Common use of Most Favored Buyer Status Clause in Contracts

Most Favored Buyer Status. The Seller will not enter into, amend or assume any mortgage loan repurchase or warehouse loan transaction to which any of the Buyers is not a party, if such agreement includes (or, in the case of an amendment, will thereafter include) one or more Additional Covenants, unless, concurrently with the consummation of such transaction, this Agreement shall have been amended to include such Additional Covenants.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)

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Most Favored Buyer Status. The Seller will not enter into, amend or assume any mortgage loan repurchase or warehouse loan transaction to which any of the Buyers is not a party, if such agreement includes (or, in the case of an amendment, will thereafter include) one or more Additional CovenantsCovenants or Additional Pricing Terms, unless, concurrently with the consummation of such transaction, this Agreement shall have been amended to include such Additional CovenantsCovenants or Additional Pricing Terms.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (Horton D R Inc /De/)

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