Qualified Financial Contract. The Parties intend that if a Party is an “insured depository institution,” as such term is defined in the Federal Deposit Insurance Act, as amended (“FDIA”), then each Transaction hereunder is a “qualified financial contract,” as that term is defined in FDIA and any rules, orders or policy statements thereunder (except insofar as the type of assets subject to such Transaction would render such definition inapplicable).
Appears in 20 contracts
Samples: Master Repurchase and Securities Contract (Seven Hills Realty Trust), Master Repurchase and Securities Contract (FS Credit Real Estate Income Trust, Inc.), Omnibus Amendment to Repurchase Documents (Ares Commercial Real Estate Corp)
Qualified Financial Contract. The Parties intend acknowledge and agree that if a Party is an “insured depository institution,” as such term is defined in the Federal Deposit Insurance Act, as amended (“FDIA”), then each Transaction hereunder is a “qualified financial contract,” as that term is defined in FDIA and any rules, orders or policy statements thereunder (except insofar as the type of assets subject to such Transaction would render such definition inapplicable).
Appears in 19 contracts
Samples: Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.), Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.), Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.)
Qualified Financial Contract. The Parties intend acknowledge and agree that if a Party is an “insured depository institution,” as such term is defined in the Federal Deposit Insurance Act, as amended (“FDIA”), then each the Transaction hereunder is a “qualified financial contract,” as that term is defined in FDIA and any rules, orders or policy statements thereunder (except insofar as the type of assets subject to such the Transaction would render such definition inapplicable).
Appears in 1 contract
Samples: Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.)
