Common use of Most Favored Status Clause in Contracts

Most Favored Status. Seller and Buyer agree that should Seller or any Subsidiary or Affiliate thereof enter into a repurchase agreement, credit facility or other comparable agreement with any Person other than Buyer or an Affiliate of Buyer which by its terms provides any of the following (each, a “More Favorable Agreement”):

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Financial Services, Inc.)

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Most Favored Status. Seller and Buyer agree that (i) should Seller or any Subsidiary or Affiliate thereof enter into a repurchase agreement, credit facility or other comparable agreement with any Person other than Buyer or an Affiliate of Buyer which by its Buyer, or (ii) with respect to any repurchase agreement or comparable agreement, in place as of the date hereof, directly related to any MSR VFN, SPIA VFN or MBS Advance VFN, and in the case of (i) or (ii), the applicable terms provides set forth therein provide any of the following (each, a “More Favorable Agreement”):

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.)

Most Favored Status. Seller and Buyer each agree that should Seller or any Subsidiary or Affiliate thereof enter into a repurchase agreement, agreement or credit facility or other comparable agreement with any Person other than Buyer or an Affiliate of Buyer which by its terms provides any of the following (each, a “More Favorable Agreement”):) more favorable terms with respect to financial covenants, including covenants covering the same or similar subject matter set forth or referred to in Section 6.11 hereof and Section 2 of the Pricing Side Letter: Seller shall provide prompt written notice to Buyer of such More Favorable Agreement.

Appears in 1 contract

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

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Most Favored Status. Seller and Buyer each agree that should Seller or any Subsidiary or Affiliate thereof enter into a repurchase agreement, warehouse facility, guaranty or similar credit facility or other comparable agreement with any Person other than (including, without limitation, Buyer or an Affiliate any of Buyer its Affiliates) which by its terms provides any of the following (each, a “More Favorable Agreement”):

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

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