Special Resolution Regimes. In the event that any Purchaser that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.
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Samples: Purchase Agreement (Sunnova Energy International Inc.)
Special Resolution Regimes. In the event that any Purchaser that is a Covered Entity Buyer becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Purchaser Buyer of this AgreementAgreement and/or the Facility Documents, and any interest and obligation in or under this AgreementAgreement and/or the Facility Documents, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this AgreementAgreement and/or the Facility Documents, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.
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Samples: Master Repurchase Agreement and Securities Contract (loanDepot, Inc.)
Special Resolution Regimes. In the event that any Initial Purchaser that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.
Appears in 1 contract
Special Resolution Regimes. In the event that any Purchaser that is a Covered Entity Buyer becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Purchaser Buyer of this AgreementAgreement and/or the Repurchase Documents, and any interest and obligation in or under this AgreementAgreement and/or the Repurchase Documents, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this AgreementAgreement and/or the Repurchase Documents, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.
Appears in 1 contract
Samples: Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.)