Common use of No Actions Clause in Contracts

No Actions. There shall not have been commenced or, to the best of Purchaser’s knowledge, threatened any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated hereby.

Appears in 68 contracts

Sources: Reference Spread Payment Agreement (GlassBridge Enterprises, Inc.), Future Spread Agreement for Non Agency Mortgage Loans, Current Excess Servicing Spread Acquisition Agreement

No Actions. There shall not have been commenced or, to the best of Purchaser’s 's knowledge, threatened any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated hereby.

Appears in 6 contracts

Sources: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Future Spread Agreement for Non Agency Mortgage Loans (Nationstar Mortgage Holdings Inc.), Future Spread Agreement for Non Agency Mortgage Loans (Nationstar Mortgage Holdings Inc.)

No Actions. There shall not have been commenced or, to the best of Purchaser’s 's knowledge, threatened any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated hereby.

Appears in 5 contracts

Sources: Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Af2), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1)

No Actions. There shall not have been commenced or, to the best of Purchaser’s knowledge, threatened any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated herebyTransactions.

Appears in 3 contracts

Sources: Mortgage Servicing Rights Purchase and Sale Agreement, Mortgage Servicing Rights Purchase and Sale Agreement (Springleaf Holdings, Inc.), Mortgage Servicing Rights Purchase and Sale Agreement (Walter Investment Management Corp)

No Actions. There shall not have been commenced or, to the best of Purchaser’s knowledge, threatened any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated hereby.

Appears in 3 contracts

Sources: Sale and Assignment Agreement (Newcastle Investment Corp), Sale and Assignment Agreement (Nationstar Mortgage Holdings Inc.), Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage LLC)

No Actions. There shall not have been commenced or, to the best of PurchaserSeller’s knowledge, threatened any action, suit or proceeding against the Purchaser that which will likely materially and adversely affect the consummation of the transactions contemplated herebyTransactions.

Appears in 3 contracts

Sources: Mortgage Servicing Rights Purchase and Sale Agreement, Mortgage Servicing Rights Purchase and Sale Agreement (Walter Investment Management Corp), Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage Holdings Inc.)

No Actions. There shall not have been commenced or, to the best of Purchaserany Seller’s knowledge, threatened any action, suit or proceeding against the Purchaser that which will likely materially and adversely affect the consummation of the transactions contemplated herebyTransactions.

Appears in 2 contracts

Sources: Mortgage Servicing Rights Purchase and Sale Agreement, Mortgage Servicing Rights Purchase and Sale Agreement (Springleaf Holdings, Inc.)

No Actions. There shall not have been commenced or, to the best of Purchaser’s knowledgeKnowledge, threatened any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated herebyTransactions.

Appears in 2 contracts

Sources: Mortgage Servicing Rights Purchase and Sale Agreement, Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage Holdings Inc.)

No Actions. There shall not have been commenced or, to the best of Purchaser’s knowledge, threatened threatened, any action, suit or proceeding against the Purchaser that will likely materially and adversely affect the consummation of the transactions contemplated hereby.

Appears in 1 contract

Sources: Sale Agreement (Korth Direct Mortgage LLC)

No Actions. There shall not have been commenced or, to the best of PurchaserSeller’s knowledge, threatened any action, suit or proceeding against the Purchaser that which will likely materially and adversely affect the consummation of the transactions contemplated hereby.

Appears in 1 contract

Sources: Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage LLC)