Common use of Representations and Warranties Regarding Purchased Loans; Delivery of Purchased Loan File Clause in Contracts

Representations and Warranties Regarding Purchased Loans; Delivery of Purchased Loan File. Such Seller represents and warrants to Buyer that each Purchased Loan sold in a Transaction hereunder by such Seller, as of the related Purchase Date for such Transaction and as of any Business Day thereafter, conforms to the applicable representations and warranties set forth in Exhibit VI in all material respects, except as disclosed to Buyer in writing. With respect to each Purchased Loan, the Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents required to be delivered under this Agreement and the Custodial Agreement for such Purchased Loan have been delivered to Buyer or the Custodian on its behalf (or shall be delivered in accordance with the time periods set forth herein).

Appears in 3 contracts

Samples: Master Repurchase Agreement (KKR Real Estate Finance Trust Inc.), Master Repurchase Agreement (KKR Real Estate Finance Trust Inc.), Master Repurchase Agreement (KKR Real Estate Finance Trust Inc.)

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Representations and Warranties Regarding Purchased Loans; Delivery of Purchased Loan File. Such Seller represents and warrants to Buyer that each Purchased Loan sold in a Transaction hereunder by such Sellerhereunder, as of the related each Purchase Date for such a Transaction and as of any Business Day thereafter, conforms to the applicable representations and warranties set forth in Exhibit VI attached hereto in all material respects, except as disclosed to Buyer in writing. With respect to each Purchased Loan, the Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents required to be delivered under this Agreement and the Custodial Agreement for such Purchased Loan have been delivered to Buyer or the Custodian on its behalf (or shall be delivered in accordance with the time periods set forth herein).

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (NorthStar Real Estate Income Trust, Inc.)

Representations and Warranties Regarding Purchased Loans; Delivery of Purchased Loan File. Such Seller represents and warrants to Buyer that each Purchased Loan sold in a Transaction hereunder by such Sellerhereunder, as of the related each Purchase Date for such a Transaction and as of any Business Day thereafter, conforms to the applicable representations and warranties set forth in Exhibit VI attached hereto in all material respects, except as disclosed to Buyer in writing. With respect to each Purchased Loan, the Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents required to be delivered under this Agreement and Table of Contents the Custodial Agreement for such Purchased Loan have been delivered to Buyer or the Custodian on its behalf (or shall be delivered in accordance with the time periods set forth herein).

Appears in 1 contract

Samples: Master Repurchase Agreement (NorthStar Real Estate Income II, Inc.)

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Representations and Warranties Regarding Purchased Loans; Delivery of Purchased Loan File. Such Seller represents and warrants to the Buyer that each Purchased Loan sold hereunder and each pool of Purchased Loans sold in a Transaction hereunder by such Sellerhereunder, as of the related each Purchase Date for such a Transaction and as of any Business Day thereafter, conforms conform to the applicable representations and warranties set forth in Exhibit VI attached hereto in all material respects, except as disclosed to the Buyer in writing. With respect to each Purchased Loan, the Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents required to be delivered under this Agreement and the Custodial Agreement for such Purchased Loan have been delivered to Buyer or the Custodian on its behalf (or shall be delivered in accordance with the time periods set forth herein).

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

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