Payments and Advances. Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a Person other than the Borrower, directly or indirectly, for the payment of any amount required under or to obtain the Loan. The Borrower has made any down payment required in connection with the Loan, and has received no concession from Seller, the seller of the Mortgaged Property or any other third Person, except as clearly disclosed in writing to Purchaser and as permitted under Applicable Requirements.
Appears in 4 contracts
Samples: Loan Purchase Agreement, Loan Purchase Agreement, Loan Purchase Agreement
Payments and Advances. Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds by a Person other than the Borrower, directly or indirectly, for the payment of paymentof any amount required under or to obtain the Loan. The Borrower has made any down payment required in connection with connectionwith the Loan, and has received no concession from Seller, the seller of the Mortgaged Property or any other third Person, except as clearly disclosed in writing to Purchaser and as permitted under Applicable Requirements.
Appears in 2 contracts
