Sales of Mortgage Assets. (a) Except as otherwise expressly permitted or required by this Indenture and Credit Agreement, the Issuer shall not sell or otherwise dispose of any Mortgage Assets. The Issuer may sell a Mortgage Asset in the following circumstances, and the proceeds of any such sales and purchases shall constitute Sale Proceeds hereunder:
Appears in 2 contracts
Samples: Indenture and Credit Agreement (Terra Property Trust, Inc.), Indenture and Credit Agreement (Terra Secured Income Fund 5, LLC)
Sales of Mortgage Assets. (a) Except as otherwise expressly permitted or required by this Indenture and Credit Agreement, the Issuer shall not sell or otherwise dispose of any Mortgage Assets. The Issuer may sell a Mortgage Asset in the following circumstances, and the proceeds of any such sales and purchases shall constitute Sale Proceeds or Securitization Sale Proceeds, as applicable, hereunder:
Appears in 1 contract
Samples: Indenture and Credit Agreement (Granite Point Mortgage Trust Inc.)
Sales of Mortgage Assets. (a) Except as otherwise expressly permitted or required by this Indenture and Credit AgreementIndenture, the Issuer shall not sell or otherwise dispose of any Mortgage AssetsAsset. The Issuer Mortgage Assets may sell a Mortgage Asset be sold in the following circumstances, and the proceeds of any such sales and purchases shall constitute Sale Proceeds hereunder:
Appears in 1 contract
Samples: Confidentiality Agreement (Lument Finance Trust, Inc.)
