Most Favored Status. Seller, Administrative Agent and Buyers each agree that should Seller or any Affiliate thereof enter into a repurchase agreement or credit facility with any Person other than Administrative Agent or a Buyer or an Affiliate of Administrative Agent or a Buyer which by its terms provides any of the following (each, a “More Favorable Agreement”):
Appears in 3 contracts
Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Most Favored Status. SellerSellers, Administrative Agent and Buyers each agree that should any Seller or any Affiliate thereof enter into a repurchase agreement or credit facility with any Person other than Administrative Agent or a Buyer or an Affiliate of Administrative Agent or a Buyer which by its terms provides any of the following (each, a “More Favorable Agreement”):
Appears in 2 contracts
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Most Favored Status. Seller, Guarantor and the Administrative Agent and Buyers each agree that should Seller Seller, Guarantor or any Affiliate thereof enter into a repurchase agreement or credit facility with any Person other than the Administrative Agent or a Buyer or an Affiliate of the Administrative Agent or a Buyer which by its terms provides any of the following (each, a “More Favorable Agreement”):
Appears in 1 contract
Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)