Common use of No Default or Dispute Under Purchased Loan Documents Clause in Contracts

No Default or Dispute Under Purchased Loan Documents. To Seller's actual knowledge, there exists no material default, breach or event of acceleration (and no event which, with the passage of time or the giving of notice, or both, would constitute any of the foregoing) under the documents evidencing or securing the Purchased Loan, in any such case to the extent the same materially and adversely affects the value of the Purchased Loan and the related underlying real property.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Anthracite Capital Inc), Master Repurchase Agreement (Capital Trust Inc)

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No Default or Dispute Under Purchased Loan Documents. To Seller's actual knowledge, there exists no material default, breach breach, violation or event of acceleration (and no event which, with the passage of time or the giving of notice, or both, would constitute any of the foregoing) under the documents evidencing or securing the Purchased Loan, in any such case to the extent the same materially and adversely affects the value of the Purchased Loan and the related underlying real property.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Northstar Realty), Master Repurchase Agreement (Northstar Realty)

No Default or Dispute Under Purchased Loan Documents. To Seller's actual knowledge, there There exists no material default, breach breach, violation or event of acceleration (and no event which, with the passage of time or the giving of notice, or both, would constitute any of the foregoing) under the documents evidencing or securing the Purchased Loan, in any such case to the extent the same materially and adversely affects the value of the Purchased Loan and the related underlying real property.

Appears in 2 contracts

Samples: Master Repurchase Agreement (CBRE Realty Finance Inc), Ny Credit Corp.

No Default or Dispute Under Purchased Loan Documents. To Seller's actual knowledge, there There exists no material default, breach breach, violation or event of acceleration (and no event which, with the passage passage. of time or the giving of notice, or both, would constitute any of the foregoing) under the documents evidencing or securing the Purchased Loan, in any such case to the extent the same materially and adversely affects the value of the Purchased Loan and the related underlying real property.

Appears in 1 contract

Samples: Master Repurchase Agreement (Ny Credit Corp.)

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No Default or Dispute Under Purchased Loan Documents. To Seller's actual knowledge, there There ---------------------------------------------------- exists no material default, breach breach, violation or event of acceleration (and no event which, with the passage of time or the giving of notice, or both, would constitute any of the foregoing) under the documents evidencing or securing the Purchased Loan, in any such case to the extent the same materially and adversely affects the value of the Purchased Loan and the related underlying real property.

Appears in 1 contract

Samples: Master Repurchase Agreement (LNR Property Corp)

No Default or Dispute Under Purchased Loan Documents. To the Seller's actual knowledge, there exists no material default, breach breach, violation or event of acceleration (and no event which, with the passage of time or the giving of notice, or both, would constitute any of the foregoing) under the documents evidencing or securing the Purchased Loan, in any such case to the extent the same materially and adversely affects the value of the Purchased Loan and the related underlying real property.

Appears in 1 contract

Samples: Master Repurchase Agreement (Anthracite Capital Inc)

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