Common use of No Violation of Organizational Documents or Agreements Clause in Contracts

No Violation of Organizational Documents or Agreements. The execution and delivery of this Agreement by the Owner, and the performance and compliance with the terms of this Agreement by the Owner, will not violate the Owner’s organizational documents or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which the Owner is a party or which is applicable to it or any of its assets.

Appears in 15 contracts

Samples: Flow Servicing Agreement (PennyMac Financial Services, Inc.), Flow Servicing Agreement (PennyMac Mortgage Investment Trust), Flow Servicing Agreement (PennyMac Mortgage Investment Trust)

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No Violation of Organizational Documents or Agreements. The execution and delivery of this Agreement by the OwnerSeller, and the performance and compliance with the terms of this Agreement by the OwnerSeller, will not violate the OwnerSeller’s organizational documents or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which the Owner Seller is a party or which is applicable to it or any of its assets.

Appears in 13 contracts

Samples: Master Spread Acquisition and MSR Servicing Agreement, Master Spread Acquisition and MSR Servicing Agreement, Master Spread Acquisition and MSR Servicing Agreement

No Violation of Organizational Documents or Agreements. The execution and delivery of this Agreement by the OwnerPurchaser, and the performance and compliance with the terms of this Agreement by the OwnerPurchaser, will not violate the OwnerPurchaser’s organizational documents or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which the Owner Purchaser is a party or which is applicable to it or any of its assets.

Appears in 13 contracts

Samples: Master Spread Acquisition and MSR Servicing Agreement, Master Spread Acquisition and MSR Servicing Agreement, Master Spread Acquisition and MSR Servicing Agreement

No Violation of Organizational Documents or Agreements. The execution and delivery of this Agreement by the OwnerCompany, and the performance and compliance with the terms of this Agreement by the OwnerCompany, will not violate the OwnerCompany’s organizational documents or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which the Owner Company is a party or which is applicable to it or any of its assets.

Appears in 9 contracts

Samples: Mortgage Banking Services Agreement (PennyMac Financial Services, Inc.), Mortgage Banking Services Agreement (PennyMac Mortgage Investment Trust), Mortgage Banking Services Agreement

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No Violation of Organizational Documents or Agreements. The execution and delivery of this Agreement by the each Owner, and the performance and compliance with the terms of this Agreement by the each Owner, will not violate the Owner’s organizational documents or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which the Owner is a party or which is applicable to it or any of its assets.

Appears in 4 contracts

Samples: Commercial Mortgage Servicing Oversight Agreement (Pennymac Financial Services, Inc.), Commercial Mortgage Servicing Oversight Agreement (PennyMac Mortgage Investment Trust), Commercial Mortgage Servicing Oversight Agreement (Pennymac Financial Services, Inc.)

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