Additional Security Agreements. As may be determined necessary by Buyer from time to time in its sole and good faith discretion, Seller agrees to cause to be executed and delivered to Buyer such additional security agreements as additional support for Seller’s obligations hereunder, which additional security agreements shall be considered “margin payments” as such term is defined in Bankruptcy Code Section 741(5).
Appears in 2 contracts
Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)
Additional Security Agreements. As may be determined necessary by Buyer from time to time in its sole and good faith discretiontime, Seller agrees to cause to be executed and delivered to Buyer such additional security agreements as additional support for Seller’s obligations hereunder, which additional security agreements shall be considered “margin paymentsa security agreement or other arrangement or other credit enhancement” as such term that is defined in “related to” the Agreement and Transactions hereunder within the meaning of Bankruptcy Code Section 741(5Sections 101(38A)(A), 101(47)(a)(v) and 741(7)(A)(x).
Appears in 1 contract
Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)
Additional Security Agreements. As may be determined necessary by Buyer from time to time in its sole and good faith discretiontime, Seller agrees to cause to be executed and delivered to Buyer such additional security agreements as additional support for Seller’s obligations hereunder, which additional security agreements shall be considered “margin paymentsa security agreement or other arrangement or other credit enhancement” as such term that is defined in “related to” the Agreement and Transactions hereunder within the meaning of Bankruptcy Code Section 741(5Sections 101(38A)(A), 101(47)(a)(v) and 741(7)(A)(x).
Appears in 1 contract
Samples: Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)