Common use of Transaction Approval Clause in Contracts

Transaction Approval. Buyer shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by Buyer’s execution and delivery of a Confirmation with respect thereto.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Seven Hills Realty Trust), Master Repurchase Agreement, Master Repurchase Agreement (Colony NorthStar Credit Real Estate, Inc.)

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Transaction Approval. Buyer shall have (A) determineddetermined on the related Purchase Date, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by BuyerXxxxx’s execution and delivery of a Confirmation with respect thereto.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

Transaction Approval. Buyer Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by BuyerPurchaser’s execution and delivery of a Confirmation with respect thereto.. 34

Appears in 1 contract

Samples: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.)

Transaction Approval. Buyer Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoingforegoing and (C) determined that all conditions precedent to such Transaction as set forth in this Article 3 have been satisfied, as evidenced by BuyerPurchaser’s execution and delivery of a Confirmation with respect thereto.. (ii)

Appears in 1 contract

Samples: Master Repurchase Agreement

Transaction Approval. Buyer Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoingforegoing and (C) determined that all conditions precedent to such Transaction as set forth in this Article 3 have been satisfied, as evidenced by BuyerPurchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Samples: Master Repurchase Agreement (Colony Credit Real Estate, Inc.)

Transaction Approval. Buyer Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by BuyerPurchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Samples: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.)

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Transaction Approval. Buyer shall have (A) determineddetermined on the related Purchase Date, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by Buyer’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

Transaction Approval. Buyer Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by BuyerPurchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Samples: Master Repurchase Agreement (Realty Finance Trust, Inc.)

Transaction Approval. Buyer Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Proposed Asset is an Eligible Asset and any proposed Additional Collateral is Eligible Additional Collateral and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing, as evidenced by BuyerPurchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Samples: Master Repurchase Agreement (Starwood Credit Real Estate Income Trust)

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