Common use of No Waivers by Seller of Material Defaults Clause in Contracts

No Waivers by Seller of Material Defaults. The Seller has not waived any material default, breach, violation or event of acceleration existing under the related Mortgage or Mortgage Note.

Appears in 43 contracts

Samples: Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Inc)

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No Waivers by Seller of Material Defaults. The Seller has not waived any material default, breach, violation or event of acceleration existing under the related Mortgage or Mortgage Note.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (United Community Banks Inc)

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No Waivers by Seller of Material Defaults. The Seller Seller, and to its knowledge, any prior holder of such Mortgage Loan, has not waived any material default, breach, violation or event of acceleration existing under the related Mortgage or Mortgage Note.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Deutsche Mortgage & Asset Receiving Corp Series 2000-C1)

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