Repo Market. No event or events shall have occurred and/or be continuing in the good faith determination of Buyer resulting in the effective absence of a “repo market” or comparable “lending market” for financing debt obligations secured by commercial mortgage loans or interests in commercial mortgage loans.
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Samples: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.), Master Repurchase Agreement (RAIT Financial Trust)
Repo Market. No event or events shall have occurred and/or be continuing in the sole good faith determination of Buyer resulting in the effective absence of a “repo market” or comparable “lending market” for financing debt obligations secured by commercial mortgage loans, mezzanine loans or interests in commercial mortgage loans.
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Samples: Master Repurchase Agreement (Ares Commercial Real Estate Corp)
Repo Market. No event or events shall have occurred and/or be continuing in the good faith determination of Buyer resulting in the effective absence of a “repo market” or comparable “lending market” for financing debt obligations secured by commercial mortgage loans or interests in commercial mortgage loans, and Buyer has made the same determination under similar facilities with similarly situated sellers and/or guarantors in repurchase facilities with similar assets and has generally ceased purchasing assets from sellers thereunder as a result.
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