Common use of This Amendment Clause in Contracts

This Amendment. The Parties agree hereby to amend (for the eighteenth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, the “Amended MRA”, and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend the Jumbo Loan sublimit in the definition of Eligible Mortgage Loan, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section of this Amendment is numbered to correspond with the number of the Section of the Amended MRA amended hereby.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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This Amendment. The Parties agree hereby to amend (for the eighteenth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, and the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, the “Amended MRA”, and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to extend the latest Termination Date, amend the Jumbo Loan sublimit in the definition of Eligible Mortgage Loan, and update the notice information of Administrative Agent, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended MRA amended herebyhereby and are consequently nonsequential.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

This Amendment. The Parties agree hereby to amend (for the eighteenth sixteenth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, 2019 and the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2019 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend the Jumbo Loan sublimit certain sublimits as described in the definition Eligible Mortgage Loan definition, extend the latest Termination Date, update the Servicing Rights provisions, set forth the parties’ understanding and agreement that any amendment, modification, waiver, settlement or compromise that grants or agrees to forbearance of any payment of principal or interest under a Mortgage Loan for any period of time, or any request for forbearance by a mortgagor pursuant to the CARES Act (defined below), will automatically cause the affected Mortgage Loan to immediately fail or cease to be, as applicable, an Eligible Mortgage Loan, and update the notice information of Administrative Agent, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended MRA amended herebyhereby and are consequently sometimes nonsequential.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

This Amendment. The Parties agree hereby to amend (for the eighteenth seventeenth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, 2019 the Fourteenth Amendment to Master Repurchase Agreement MRA dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, and the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2020 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend update the Jumbo Loan sublimit in the definition name and entity status of Eligible Mortgage LoanSeller as a result of its conversion to a limited liability company, require updated opinions of counsel relating to Seller’s conversion to a limited liability company, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended MRA amended herebyhereby and are consequently sometimes nonsequential. The preamble of the Amended MRA is amended to read as follows: THIS MASTER REPURCHASE AGREEMENT dated as of May 2, 2013 (as it may be supplemented, amended or restated from time to time, this “Agreement”) is by and among QUICKEN LOANS, LLC, a Michigan limited liability company (“Seller”), JPMORGAN CHASE BANK, N.A., a national banking association (“Chase”), as administrative agent for the Buyers (in that capacity, Chase is herein referred to as the “Administrative Agent”) and as a Buyer, and the other Buyers party hereto from time to time (collectively with Chase, the “Buyers”). Initially, Chase is the only Buyer.

Appears in 1 contract

Samples: Confidential Disclosure Agreement (Rocket Companies, Inc.)

This Amendment. The Parties agree hereby to amend (for the eighteenth sixth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, 2016 and the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2016 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend (i) extend the Jumbo Loan sublimit latest Termination Date to Xxxxx 00, 0000, (xx) change the definitions of “Cash Equivalents”, “Change in Control” and “Maximum Current Advance Capacity”, (iii) change the definition other Debt default threshold, (iv) correct and revise the provisions limiting distributions and (v) change the cross-default provision regarding Debt of Eligible Mortgage LoanRock Holdings and its Subsidiaries and Affiliates to Buyer or its Affiliates to relate only to Debt of Rock Holdings itself, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended Original MRA amended herebyhereby and are therefore nonsequential.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

This Amendment. The Parties agree hereby to amend (for the eighteenth fourteenth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, 2019 and the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2019 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend the Jumbo Loan sublimit in the definition of Eligible Mortgage Loanprovide for warehousing eMortgage Loans, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended MRA amended herebyhereby and are consequently sometimes nonsequential.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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This Amendment. The Parties agree hereby to amend (for the eighteenth seventh time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, 2016 and the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2017 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, (the “MRA”) to amend the Jumbo Loan sublimit in (i) change the definition of Eligible Mortgage Loan”, (ii) amend the Compliance Certificate (Exhibit C) to provide that pending repurchases and indemnifications demands information will be required quarterly or pursuant to Administrative Agent’s interim request, and (ii) define the Quicken Loans Non-Agency Jumbo Guidelines, attach a current copy of them as new Schedule III-QL, reference them in related clauses of the definition of “Eligible Mortgage Loan” and add provisions for their possible future revision, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as hereas there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended Original MRA amended herebyhereby and are therefore nonsequential.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

This Amendment. The Parties agree hereby to amend (for the eighteenth eleventh time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, 2018 and the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, the Fourteenth Amendment to Master Repurchase Agreement dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2018 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend change the sublimit for Jumbo Loan sublimit in the definition of Eligible Mortgage LoanLoans, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole single Section of this Amendment is numbered to correspond with the number of the Section of the Amended MRA amended hereby.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

This Amendment. The Parties agree hereby to amend (for the eighteenth fifteenth time) the Master Repurchase Agreement dated May 2, 2013 between them (the “Original MRA”, as amended by the First Amendment to Master Repurchase Agreement dated May 1, 2014, the Second Amendment to Master Repurchase Agreement dated December 19, 2014, the Third Amendment to Master Repurchase Agreement dated April 30, 2015, the Fourth Amendment to Master Repurchase Agreement dated April 28, 2016, the Fifth Amendment to Master Repurchase Agreement dated November 18, 2016, the Sixth Amendment to Master Repurchase Agreement dated April 27, 2017, the Seventh Amendment to Master Repurchase Agreement dated October 12, 2017, the Eighth Amendment to Master Repurchase Agreement dated December 14, 2017, the Ninth Amendment to Master Repurchase Agreement dated January 25, 2018, the Tenth Amendment to Master Repurchase Agreement dated April 26, 2018, the Eleventh Amendment to Master Repurchase Agreement dated June 20, 2018, the Twelfth Amendment to Master Repurchase Agreement dated April 25, 2019, the Thirteenth Amendment to Master Repurchase Agreement dated June 22, 2019, 2019 and the Fourteenth Amendment to Master Repurchase Agreement MRA dated September 26, 2019, the Fifteenth Amendment to Master Repurchase Agreement dated December 16, 2019, the Sixteenth Amendment to Master Repurchase Agreement dated April 10, 2020, the Seventeenth Amendment to Master Repurchase Agreement dated April 15, 2020, and the Eighteenth Amendment to Master Repurchase Agreement dated July 16, 2021, 2019 (the “Amended MRA”, ) and as amended hereby and as it may be supplemented, further amended or restated from time to time, the “MRA”) to amend update Schedule III-QL, the Quicken Loans Non-Agency Jumbo Loan sublimit in the definition of Eligible Mortgage LoanGuidelines, by replacing that Schedule, and they hereby amend the Amended MRA as follows. All capitalized terms used in the Amended MRA and used, but not defined differently, in this amendment (this “Amendment”) have the same meanings here as there. The sole Section Sections of this Amendment is are numbered to correspond with the number numbers of the Section Sections of the Amended MRA amended herebyhereby and are consequently sometimes nonsequential.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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