Common use of Non-Circumvent Clause in Contracts

Non-Circumvent. Countrywide and Purchaser understand and agree that Countrywide may introduce the owner of the Mortgage Loans to Purchaser, that the Current Owner is a customer of Countrywide and that such relationship of Countrywide is confidential. Purchaser agrees, with respect to the Current Owner, Purchaser will not, for the purpose of purchasing other mortgage loans [for a period of one year from the Closing Date], communicate with or purchase such other mortgage loans from the Current Owner unless the Current Owner has had previous business dealings (other than any transactions involving Countrywide) with the Current Owner in a similar context.

Appears in 7 contracts

Samples: Master Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2007-Oa1), Master Mortgage Loan Purchase Agreement (GSR 2006-Ar2), Master Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2007-4f)

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