Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer nor the pledge, assignment, transfer and granting of a security interest to Buyer in the Mortgage Assets, by Seller pursuant to this Agreement is subject to the bulk transfer or any similar Requirement of Law in effect in any applicable jurisdiction.
Appears in 7 contracts
Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (loanDepot, Inc.)
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer nor the pledge, assignment, transfer and granting of a security interest to Buyer in the Mortgage Assets, by Seller pursuant to this Agreement is are subject to the bulk transfer or any similar Requirement of Law in effect in any applicable jurisdiction.
Appears in 4 contracts
Samples: Master Repurchase Agreement, Master Repurchase Agreement (Ryland Group Inc), Master Repurchase Agreement (Pulte Homes Inc/Mi/)
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer nor the pledge, assignment, transfer and granting of a security interest to Buyer in the Mortgage Assets, by Seller pursuant to this Agreement is are not subject to the bulk transfer or any similar Requirement of Law statutory provisions in effect in any applicable jurisdiction.
Appears in 3 contracts
Samples: Mortgage Loan Repurchase Agreement (Sirva Inc), Multifamily and Health Care Mortgage Loan Repurchase Agreement (Municipal Mortgage & Equity LLC), Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans or Participation Certificates to Buyer Purchaser nor the pledge, assignment, transfer and granting of a security interest to Buyer Purchaser in the Mortgage AssetsLoans or Participation Certificates, by Seller pursuant to this Agreement is subject to the bulk transfer or any similar Requirement of Law in any effect in any applicable jurisdiction.
Appears in 2 contracts
Samples: Participation Sale Agreement (Mr. Cooper Group Inc.), Mortgage Loan Participation Sale Agreement (Mr. Cooper Group Inc.)
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer Administrative Agent(as agent and representative of Buyers) nor the pledge, assignment, transfer and granting of a security interest to Buyer Administrative Agent (as agent and representative of Buyers) in the Mortgage Assets, by Seller pursuant to this Agreement is are subject to the bulk transfer or any similar Requirement of Law in effect in any applicable jurisdiction.
Appears in 1 contract
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer nor the pledge, assignment, transfer and granting of a security interest to Buyer in the Mortgage Assets, by Seller pursuant to this Agreement is subject to the bulk transfer or any similar Requirement of Law in effect in any applicable jurisdiction.. (vii)
Appears in 1 contract
Samples: Altisource Asset Management Corp
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Purchased Loans to Buyer nor the pledge, assignment, transfer and granting of a security interest to Buyer in the Mortgage Assets, by Seller pursuant to this Agreement is are not subject to the bulk transfer or any similar Requirement of Law statutory provisions in effect in any applicable jurisdiction.
Appears in 1 contract
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer Administrative Agent (as agent and representative of Buyers) nor the pledge, assignment, transfer and granting of a security interest to Buyer Administrative Agent (as agent and representative of Buyers) in the Mortgage Assets, by Seller pursuant to this Agreement is subject to the bulk transfer or any similar Requirement of Law in effect in any applicable jurisdiction.
Appears in 1 contract
Samples: Confidential Disclosure Agreement (Rocket Companies, Inc.)
