REMEDY FOR NON-DELIVERY OF DOCUMENTS Sample Clauses

REMEDY FOR NON-DELIVERY OF DOCUMENTS. However, anything to the contrary notwithstanding, in the event that the Seller is required to deliver to the Buyer any documents related to a purchased Loan and the Seller fails to deliver such document in the proper form on the date or within the time period specified by the controlling section of this Agreement, Buyer shall notify the Seller of the breach, and the Seller shall have thirty (30) days from the date of notice to cure the breach. If the Seller has not cured the breach within the thirty (30) day cure period, the Seller shall immediately repurchase the Loan upon Buyer's demand. The Buy-Back Price shall be determined in accordance with Article VI(C). Any Loan returned by the Buyer pursuant to this paragraph shall be without recourse, representation or warranty.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
REMEDY FOR NON-DELIVERY OF DOCUMENTS. However, anything, to the contrary notwithstanding, in the event that the Seller is required to deliver to the Buyer any documents related to a purchased Loan and the Seller fails to deliver such document in the proper form on the date or within the time period specified by the controlling section of this Agreement, Buyer shall notify the Seller of the breach, and the Seller shall have thirty (30) days from the date of notice to cure the breach. If the Seller has not cured the breach within the thirty (30) days cure period, the Seller shall immediately repurchase the Loan upon Buyer's demand. The Buy-Back Price shall be determined in accordance with Article VI(C). Any Loan returned by the Buyer pursuant to this paragraph shall be without recourse, representation or warranty; however, Buyer represents and warrants to Seller, that Buyer, its affiliates, subsidiaries, servicers, or employees have done nothing to cause the Loan to become uncollectible in whole or in part.
Sample 1
REMEDY FOR NON-DELIVERY OF DOCUMENTS. If the Seller receives notice from the Trustee or the Buyer, pursuant to Section 2.4(b) of a Trust Agreement, that any document constituting a part of a Mortgage Loan Documents is not properly executed, has not been received, is unrelated to a Loan identified in the related Mortgage Loan Schedule, or does not conform in a material respect to the requirements of Section 2.3 of such Trust Agreement or the description thereof as set forth in the Loan Schedule, then the Seller shall (i) cure the breach within the time period set forth in Section 4.01 hereof, (ii) substitute a Qualified Substitute Mortgage Loan for such Loan in the manner and subject to the conditions set forth in Section 4.01 hereof or (iii) repurchase the affected Loan in the manner and for the price set forth in Section 4.01 hereof.
Sample 1
REMEDY FOR NON-DELIVERY OF DOCUMENTS. In the event the Seller is required to deliver to the Purchaser any document related to a purchased loan pursuant hereto and Seller fails to deliver such document in the proper form, Purchaser shall notify Seller of the breach. and Seller shall have thirty (30) days from the date of notice to cure the breach or such longer period as agreed upon by the parties hereto in writing. If Seller has not cured the breach within the thirty-day cure period or such longer period as agreed upon by the parties hereto in writing, Seller shall within ten (10) business days repurchase the loan upon Purchaser's or its representatives' demand at the Repurchase Price. Any loan repurchased from Purchaser pursuant to this Section shall be without recourse, representation or warranty, Notwithstanding the above, Seller shall have sixty (60) days to deliver to Purchaser a final title insurance policy if Purchaser purchases a loan in reliance on a marked-up title insurance commitment, title insurance binder or certificate. If Seller fails to deliver said policy, Seller shall within ten (10) business days repurchase the loan upon Purchaser's or its representatives' demand at the repurchase price.
Sample 1
REMEDY FOR NON-DELIVERY OF DOCUMENTS. In the event that the Seller is required to deliver to the Buyer any documents related to a purchased Loan and the Seller fails to deliver such documents in the proper form on the date or within the time period specified by this Agreement, the Buyer shall notify the Seller of the breach, and the Seller shall have thirty (30) days from the date of notice to deliver to the Buyer the required documents and to cure the breach. If the Seller has not cured the breach within this thirty (30) day period, at the Buyer’s sole option upon notice to the Seller, the Seller shall immediately repurchase the Loan upon notice from the Buyer, at the Repurchase Price.
Sample 1

Related to REMEDY FOR NON-DELIVERY OF DOCUMENTS

  • Delivery of Documents The Adviser has furnished the Sub-Adviser with copies of each of the following documents:

  • Delivery of Documents; Delivery Dates (a) The Trustee is hereby directed (i) to execute and deliver the Intercreditor Agreement, the Escrow Agreement and the NPA on or prior to the Issuance Date, each in the form delivered to the Trustee by the Company, and (ii) subject to the respective terms thereof, to perform its obligations thereunder. Upon request of the Company and the satisfaction or waiver of the closing conditions specified in the Underwriting Agreement, the Trustee shall execute, deliver, authenticate, issue and sell Applicable Certificates in authorized denominations equaling in the aggregate the amount set forth, with respect to the Applicable Trust, in Schedule I to the Underwriting Agreement evidencing the entire ownership interest in the Applicable Trust, which amount equals the maximum aggregate principal amount of Equipment Notes which may be purchased by the Trustee pursuant to the NPA. Except as provided in Sections 3.03, 3.04, 3.05 and 3.06 of the Basic Agreement, the Trustee shall not execute, authenticate or deliver Applicable Certificates in excess of the aggregate amount specified in this paragraph. The provisions of this Section 5.01(a) supersede and replace the first sentence of Section 3.02(a) of the Basic Agreement, with respect to the Applicable Trust.

  • Delivery of Documentation Contractor shall deliver to County or its designee, at County’s request, all documentation and data related to County, including, but not limited to, the County Data and client files, held by Contractor, and Contractor shall destroy all copies thereof not turned over to County, all at no charge to County. Notwithstanding the foregoing, Contractor may retain one (1) copy of the documentation and data, excluding County Data, for archival purposes or warranty support.

  • Redelivery of Documentation If any form or certification previously delivered by a Lender pursuant to this Section expires or becomes obsolete or inaccurate in any respect, such Lender shall promptly update the form or certification or notify Borrowers and Agent in writing of its inability to do so.

  • Delivery of Documents and Notices Any document relating to participation in the Plan or any notice required or permitted hereunder shall be given in writing and shall be deemed effectively given (except to the extent that this Agreement provides for effectiveness only upon actual receipt of such notice) upon personal delivery, electronic delivery at the e-mail address, if any, provided for the Participant by a Participating Company, or upon deposit in the U.S. Post Office or foreign postal service, by registered or certified mail, or with a nationally recognized overnight courier service, with postage and fees prepaid, addressed to the other party at the address of such party set forth in the Grant Notice or at such other address as such party may designate in writing from time to time to the other party.

  • DELIVERY OF DOCUMENTS TO THE ADVISER The Sub-Adviser has furnished, and in the future will furnish, the Adviser with true, correct and complete copies of each of the following documents:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!