Single Agreements. The Purchaser, the Seller and the Guarantor acknowledge that, and have entered hereinto and will enter into each Transaction hereunder in consideration of and in reliance upon the fact that all Transactions hereunder constitute a single business and contractual relationship and that each has been entered into in consideration of the other Transactions. Accordingly, each of the Purchaser, the Seller and the Guarantor agrees to perform all of its obligations in respect of each Transaction hereunder, and that a default in the performance of any such obligations shall constitute a default by it in respect of all Transactions hereunder.
Appears in 2 contracts
Samples: Loan Purchase and Repurchase Agreement (Arbor Realty Trust Inc), Loan Purchase and Repurchase Agreement (Arbor Realty Trust Inc)
Single Agreements. The Deal Agent, the Purchaser, the Seller and the Limited Guarantor acknowledge that, and have each has entered hereinto and will enter into each Transaction hereunder in consideration of and in reliance upon the fact that that, all Transactions hereunder constitute a single business and contractual relationship and that each has been entered into in consideration of the other Transactions. Accordingly, each of the Purchaser, the Seller and the Limited Guarantor agrees to perform all of its obligations in respect of each Transaction hereunder, and that a default in the performance of any such obligations shall constitute a default by it in respect of all Transactions hereunder.
Appears in 1 contract
Samples: Master Repurchase Agreement (Municipal Mortgage & Equity LLC)
Single Agreements. The Purchaser, Purchaser and the Seller and the Guarantor acknowledge that, and have that each has entered hereinto and will enter into each Transaction hereunder in consideration of and in reliance upon the fact that that, all Transactions hereunder constitute a single business and contractual relationship and that each has been entered into in consideration of the other Transactions. Accordingly, each of the Purchaser, Purchaser and the Seller and the Guarantor agrees to perform all of its obligations in respect of each Transaction hereunder, and that a default in the performance of any such obligations shall constitute a default by it in respect of all Transactions hereunder.
Appears in 1 contract
Samples: Master Repurchase Agreement (Quadra Realty Trust, Inc.)