Common use of UCC 9 Policies Clause in Contracts

UCC 9 Policies. If the Seller’s security interest in the Mezzanine Loan is covered by a UCC 9 insurance policy, with respect to the “UCC 9” policy relating to the Mezzanine Loan: (a) such policy is assignable by the Seller to the Issuer, (b) such policy is in full force and effect, (c) all premiums thereon have been paid, (d) no claims have been made by or on behalf of the Seller thereunder, and (e) no claims have been paid thereunder.

Appears in 3 contracts

Samples: Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.), Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.), Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.)

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UCC 9 Policies. If the Seller’s security interest in the Mezzanine Loan is covered by a UCC 9 insurance policy, with respect to the “UCC 9” policy relating to the Mezzanine Loan: (ai) such policy is assignable by the Seller to the Issuer, (bii) such policy is in full force and effect, (ciii) all premiums thereon have been paid, (div) no claims have been made by or on behalf of the Seller thereunder, and (ev) no claims have been paid thereunder.

Appears in 2 contracts

Samples: Collateral Interest Purchase Agreement (Granite Point Mortgage Trust Inc.), Collateral Interest Purchase Agreement

UCC 9 Policies. If To the actual knowledge of the Seller’s security interest in the Mezzanine Loan is covered by a UCC 9 insurance policy, with respect to the “UCC 9” policy relating to the Mezzanine LoanLoan Interest: (ai) such policy is assignable by the Seller to the Issuerpurchaser, (bii) such policy is in full force and effect, (ciii) all premiums thereon have been paid, (div) no claims have been made by or on behalf of the Seller thereunder, and (ev) no claims have been paid thereunder.

Appears in 2 contracts

Samples: Seller Transfer Agreement (CBRE Realty Finance Inc), Management Agreement and Servicing Agreement (CBRE Realty Finance Inc)

UCC 9 Policies. If the Seller’s security interest in the Mezzanine Loan is covered by a UCC 9 insurance policy, with respect to the “UCC 9” policy relating to the Mezzanine Loan: (ai) such policy is assignable by the Seller to the Issuer, (bii) such policy is in full force and effect, (ciii) all premiums thereon have been paid, (div) no claims have been made by or on behalf of the Seller thereunder, and (ev) no claims have been paid thereunder.. (8)

Appears in 1 contract

Samples: Version Collateral Interest Purchase Agreement (Granite Point Mortgage Trust Inc.)

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UCC 9 Policies. If the SellerSxxxxx’s security interest in the pledged collateral related to the Mezzanine Loan is covered by a UCC 9 9” insurance policy, with respect to the such “UCC 9” policy relating to the Mezzanine Loaninsurance policy: (ai) such policy is assignable by the Seller to the Issuer, (bii) such policy is in full force and effect, (ciii) all premiums thereon have been paid, (div) no claims have been made by or on behalf of the Seller thereunder, and (ev) no claims have been paid thereunder.

Appears in 1 contract

Samples: Indenture (Redwood Trust Inc)

UCC 9 Policies. If the Seller’s 's security interest in the Mezzanine Loan is covered by a UCC 9 insurance policy, with respect to the "UCC 9" policy relating to the Mezzanine Loan: (ai) such policy is assignable by the Seller to the Issuer, (bii) such policy is in full force and effect, (ciii) all premiums thereon have been paid, (div) no claims have been made by or on behalf of the Seller thereunder, and (ev) no claims have been paid thereunder.

Appears in 1 contract

Samples: Arbor Realty Trust Inc

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