Common use of Condominiums/Planned Unit Developments Clause in Contracts

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required xx Xxxnie Mae xxxx xxspect to such condominium or planned unit development xxxx been satisfied and remain true and correct;

Appears in 10 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He9), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He4)

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Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae Xxxxxx Xxx or Freddie Xxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Xxxxxx Mae or Freddie Xxxxxxx Mac. The representations and warranties required xx Xxxnie by Xxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;

Appears in 6 contracts

Samples: Master Repurchase Agreement (First NLC Financial Services Inc), Master Repurchase Agreement (M I Homes Inc), Master Repurchase Agreement

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Xxxxxx Mae or Freddie Xxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Xxxxxx Mae or Freddie Xxxxxxx Mac. The representations and warranties required xx Xxxnie by Xxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;.

Appears in 6 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (loanDepot, Inc.)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct xxvxxxpment project which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required xx Xxxnie Xxxnxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx been bxxx satisfied and remain true and correct;

Appears in 3 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He6), Assignment and Recognition Agreement (Morgan Stanley IXIS Real Estate Capital Trust 2006-1), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He7)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium locxxxx xn x condxxxxxxx or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Mae or Freddie Mac. The representations represxxxxxxons and warranties xxxxxxxies required xx Xxxnie by Fannie Mae xxxx xxspect with respect to such condominium condoxxxxxx or planned unit development xxxx have been satisfied and remain true and correct;

Appears in 2 contracts

Samples: Flow Servicing Agreement (GSAA Home Equity 2005-12), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He2)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct planxxx xxix xevelxxxxxx project which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required xx Xxxnie Mae xxxx xxspect requxxxx xy Fannie Xxx xxth respect to such condominium or planned unit development xxxx develoxxxxx have been satisfied and remain true and correct;

Appears in 2 contracts

Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He4)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae Xxxxxx Xxx or Freddie Xxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie LEGAL02/33574838v9 Sch. 3-7 Xxxxxx Mae or Freddie Xxxxxxx Mac. The representations and warranties required xx Xxxnie by Xxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;

Appears in 1 contract

Samples: Master Repurchase Agreement (M I Homes Inc)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Xxxxxx Mae or Freddie Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Mae Xxxxxx Xxx or Freddie Mac. The representations and warranties required xx Xxxnie Mae xxxx xxspect by Xxxxxx Xxx with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;

Appears in 1 contract

Samples: Master Repurchase Agreement

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Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Fxxxxx Mae or Freddie Fxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Fxxxxx Mae or Freddie Fxxxxxx Mac. The representations and warranties required xx Xxxnie by Fxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;.

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Xxxxxx Mae or Freddie Xxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Xxxxxx Mae or Freddie Xxxxxxx Mac. The To the best of Seller’s knowledge, the representations and warranties required xx Xxxnie by Xxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;.

Appears in 1 contract

Samples: Master Repurchase Agreement (Walter Investment Management Corp)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Fxxxxx Mae or Freddie Fxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Fxxxxx Mae or Freddie Fxxxxxx Mac. The representations and warranties required xx Xxxnie by Fxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Five Oaks Investment Corp.)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unxx xxxexxxment xxxxxxt which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required xx Xxxnie bx Xxxxie Mae xxxx xxspect wxxx xxxpect to such condominium or planned unit development xxxx been xeen satisfied and remain true and correct;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He8)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae Fxxxxx Mxx or Freddie Fxxxxxx Mac or (ii) located in a condominium or planned uxxx xxvxxxpmenx xxxxxct unit development project which has received project approval from Fannie Fxxxxx Mae or Freddie Fxxxxxx Mac. The representations and warranties required xx Xxxnie by Fxxxxx Mae xxxx xxspect with respect to such condominium or planned unit development xxxx have been satisfied and remain true and correct;

Appears in 1 contract

Samples: Custodial Agreement (Painewebber Mortgage Acceptance Corp Iv Series 2000-He-1)

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