Conditions Precedent to all Transactions. Buyer's obligation to enter into each Committed Transaction (including the initial Transaction) and, in the event Buyer chooses, in its sole discretion, to enter into an Uncommitted Transaction pursuant to Section 3(c) below, Buyer's obligation to enter into each Uncommitted Transaction, is subject to the satisfaction of the following further conditions precedent, both immediately prior to entering into such Transaction and also after giving effect to the consummation thereof and the intended use of the proceeds of the sale:
Appears in 5 contracts
Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp), Master Repurchase Agreement (American Home Mortgage Investment Corp), Master Repurchase Agreement (American Home Mortgage Holdings Inc)
Conditions Precedent to all Transactions. Buyer's ’s obligation to enter into each Committed Transaction (including the initial Transaction) and, in the event Buyer chooses, in its sole discretion, to enter into an Uncommitted Transaction pursuant to Section 3(c) below, Buyer's ’s obligation to enter into each Uncommitted Transaction, is subject to the satisfaction of the following further conditions precedent, both immediately prior to entering into such Transaction and also after giving effect to the consummation thereof and the intended use of the proceeds of the sale:
Appears in 2 contracts
Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (ECC Capital CORP)
Conditions Precedent to all Transactions. Buyer's obligation to enter into each Committed Transaction (including the initial Transaction) and, in In the event Buyer chooses, in its sole discretion, to enter into an Uncommitted Transaction a transaction pursuant to Section 3(c) below, Buyer's ’s obligation to enter into each Uncommitted Transaction (including the initial Transaction, ) is subject to the satisfaction of the following further conditions precedent, both immediately prior to entering into such Transaction and also after giving effect to the consummation thereof and the intended use of the proceeds of the sale:
Appears in 1 contract
Samples: Master Repurchase Agreement (Rait Investment Trust)
Conditions Precedent to all Transactions. The Buyer's ’s obligation to enter into each Committed Transaction (including the initial Transaction) and, in the event the Buyer chooses, in its sole discretion, to enter into an Uncommitted Transaction pursuant to Section 3(c) below, the Buyer's ’s obligation to enter into each Uncommitted Transaction, is subject to the satisfaction of the following further conditions precedent, both immediately prior to entering into such Transaction and also after giving effect to the consummation thereof and the intended use of the proceeds of the sale:
Appears in 1 contract
Samples: Master Repurchase Agreement (New Century Financial Corp)