Common use of No Purchase Approval or Denial Clause in Contracts

No Purchase Approval or Denial. Licensee agrees that any recommendation rendered by the Licensed Application will not constitute an approval or denial of the Mortgage Loan Application by Xxxxxx Xxx or a commitment to purchase the loan by Xxxxxx Mae.

Appears in 2 contracts

Samples: Software Subscription Agreement, Software Subscription Agreement

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No Purchase Approval or Denial. Licensee agrees that that: (i) any recommendation rendered results issued by the Licensed Application will not constitute an approval or denial of the Mortgage Loan Application or loan by Xxxxxx Xxx Mae or a commitment to purchase the loan by Xxxxxx MaeXxx and (ii) Xxxxxx Mae makes no representation or warranty that the Licensed Application will identify any errors or issues that may cause Xxxxxx Xxx to delay or decline to purchase a loan or, following purchase, to require the repurchase of a loan.

Appears in 2 contracts

Samples: Software Subscription Agreement, Software Subscription Agreement

No Purchase Approval or Denial. Licensee agrees that any recommendation rendered by the Licensed Application will not constitute an approval or denial of the Mortgage Loan Application by Xxxxxx Xxx Mae or a commitment to purchase the loan by Xxxxxx MaeXxx.

Appears in 2 contracts

Samples: Software Subscription Agreement, Software Subscription Agreement

No Purchase Approval or Denial. Licensee agrees that that: (i) any recommendation rendered results issued by the Licensed Application will not constitute an approval or denial of the Mortgage Loan Application by Xxxxxx Xxx or a commitment to purchase the loan by Xxxxxx Mae.Mae and (ii) Xxxxxx Xxx makes no representation or warranty that the Licensed Application will identify any or all errors or issues that may cause Xxxxxx Mae to delay or decline to purchase a loan or, following purchase, to require the repurchase of a loan

Appears in 1 contract

Samples: Software Subscription Agreement

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No Purchase Approval or Denial. Licensee agrees that that: (i) any recommendation rendered results issued by the Licensed Application will not constitute an approval or denial of the Mortgage Loan Application or loan by Xxxxxx Xxx or a commitment to purchase the loan by Xxxxxx MaeXxx and (ii) Xxxxxx Xxx makes no representation or warranty that the Licensed Application will identify any errors or issues that may cause Xxxxxx Xxx to delay or decline to purchase a loan or, following purchase, to require the repurchase of a loan.

Appears in 1 contract

Samples: Software Subscription Agreement

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