Common use of TERMINABILITY Clause in Contracts

TERMINABILITY. This Agreement shall terminate upon the earlier of (i) written notice from Seller to Buyer to such effect and (ii) one year from the date of this Agreement. Notwithstanding any such termination or the occurrence of an Event of Default, all of the representations and warranties hereunder (including those made in Exhibit V) shall continue and survive.

Appears in 1 contract

Samples: Master Repurchase Agreement (American Residential Investment Trust Inc)

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TERMINABILITY. This Agreement shall terminate upon the earlier of (i) six months from the date hereof or (ii) written notice from Seller to Buyer to such effect and (ii) one year from effect, except that this Agreement shall, notwithstanding the date of this Agreementabove clauses, remain applicable to any Transaction then outstanding. Notwithstanding any such termination or the occurrence of an Event of Default, all of the representations and warranties hereunder (including those made in Exhibit V) shall continue and survive.

Appears in 1 contract

Samples: Master Repurchase Agreement (Aames Financial Corp/De)

TERMINABILITY. This Agreement shall terminate upon the earlier of (i) written notice from Seller to Buyer to such effect and (ii) one year eighteen months from the date of this Agreement, except that, in either case, this Agreement shall, notwithstanding clauses (i) or (ii) above, remain applicable to any Transaction then outstanding. Notwithstanding any such termination or the occurrence of an Event of Default, all of the representations and warranties hereunder (including those made in Exhibit V) shall continue and survive.

Appears in 1 contract

Samples: Master Repurchase Agreement (First Alliance Corp /De/)

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TERMINABILITY. This Agreement shall terminate upon the earlier of (i) written notice from Seller to Buyer to such effect and (ii) one year 364 days from the date of this Agreement, except that, in either case, this Agreement shall, notwithstanding clauses (i) or (ii) above, remain applicable to any Transaction then outstanding. Notwithstanding any such termination or the occurrence of an Event of Default, all of the representations and warranties hereunder (including those made in Exhibit V) shall continue and survive.

Appears in 1 contract

Samples: Master Repurchase Agreement (First Alliance Corp /De/)

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