Common use of Requisite Experience Clause in Contracts

Requisite Experience. Each member of the Advisory Committee must at the time of appointment and at all relevant times thereafter have Requisite Experience. The Collateral Manager and the Issuer will have the right to accept a representation and warranty from a member regarding its Requisite Experience, in the absence of actual knowledge by a responsible officer of the Collateral Manager to the contrary.

Appears in 10 contracts

Samples: Collateral Management Agreement (TPG RE Finance Trust, Inc.), Collateral Management Agreement (Lument Finance Trust, Inc.), Collateral Management Agreement (Lument Finance Trust, Inc.)

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Requisite Experience. Each member of the Advisory Committee must at the time of appointment and at all relevant times thereafter have Requisite Experience. The Collateral Loan Obligation Manager and the Issuer will have the right to accept a representation and warranty from a member regarding its Requisite Experience, in the absence of actual knowledge by a responsible officer of the Collateral Loan Obligation Manager to the contrary.

Appears in 1 contract

Samples: Loan Obligation Management Agreement (Arbor Realty Trust Inc)

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