Common use of REO Subsidiary Breach Clause in Contracts

REO Subsidiary Breach. A breach by REO Subsidiary of any material representation, warranty or covenant set forth in the Property Contribution Agreement, Subsidiary Agreement or any other Program Agreement, any “event of default” by REO Subsidiary under the Property Contribution Agreement, any repudiation of the Property Contribution Agreement or Subsidiary Agreement by REO Subsidiary, or if the Property Contribution Agreement or Subsidiary Agreement is not enforceable against REO Subsidiary.

REO Subsidiary Breach. A breach by the REO Subsidiary of any material representation, warranty or covenant set forth in the Property Contribution Agreement, REO Subsidiary Agreement or any other Program Agreement, any “event of default” by REO Subsidiary under the Property Contribution AgreementFacility Document, any repudiation of the Property Contribution Agreement or REO Subsidiary Agreement by the REO Subsidiary, or if the Property Contribution Agreement or REO Subsidiary Agreement is not enforceable against the REO Subsidiary.

REO Subsidiary Breach. A breach by REO Subsidiary of any material representation, warranty or covenant set forth in the Property REO Contribution Agreement, Subsidiary Agreement or any other Program Agreement, any “event of default” by REO Subsidiary under the Property REO Contribution Agreement, any repudiation of the Property REO Contribution Agreement or Subsidiary Agreement by REO Subsidiary, or if the Property REO Contribution Agreement or Subsidiary Agreement is not enforceable against REO Subsidiary.