Common use of Underlying Repurchase Documents Clause in Contracts

Underlying Repurchase Documents. Seller shall provide a Transaction Request (as defined in the Underlying Repurchase Documents), which shall reference the applicable Mortgage Loan Schedule which shall describe the Purchased Mortgage Loans. All Underlying Repurchase Documents applicable to each Purchased Mortgage Loan have been duly executed and delivered by Seller and the Underlying Repurchase Counterparty and are in form and substance satisfactory to Buyer in all material respects, in its sole discretion.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Underlying Repurchase Documents. Seller Sellers shall provide a Transaction Request (as defined in the Underlying Repurchase Documents), which shall reference the applicable Mortgage Loan Asset Schedule which shall describe the Purchased Mortgage LoansLoans and Contributed Assets. All Underlying Repurchase Documents applicable to each Purchased Mortgage Loan and Contributed Asset have been duly executed and delivered by Seller Sellers and the Underlying Repurchase Counterparty and are in form and substance satisfactory to Buyer Administrative Agent in all material respects, in its sole discretion.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Underlying Repurchase Documents. Seller Sellers shall provide a Transaction Request (as defined in the Underlying Repurchase Documents), which shall reference the applicable Mortgage Loan Asset Schedule which shall describe the Purchased Mortgage LoansLoans and Contributed Assets. All Underlying Repurchase Documents applicable to each Purchased Mortgage Loan and Contributed Asset have been duly executed and delivered by Seller Sellers and the Underlying Repurchase Counterparty and are in form and substance satisfactory to Buyer in all material respects, in its sole discretion.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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