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 acceptable to Responsible Party and underwritten in accordance with the Underwriting Guidelines;

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-Fm1), Pooling and Servicing Agreement (GSAMP Trust 2006-Fm2), Pooling and Servicing Agreement (GSAMP Trust 2006-Fm3)

AutoNDA by SimpleDocs

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 acceptable to Responsible Party and underwritten in accordance with the Underwriting Guidelines;

Appears in 3 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley ABS Capital I Inc. IXIS Real Estate Capital Trust 2007-He1), Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2), Assignment and Recognition Agreement (Natixis Real Estate Capital Trust 2007-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 acceptable to Responsible Party Seller and underwritten in accordance with the Underwriting Guidelines;

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (First NLC Trust 2005-2)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis minimus planned unit development) such condominium or planned unit development project is acceptable meets Seller's Underwriting Guidelines with respect to Responsible Party and underwritten in accordance with the Underwriting Guidelinessuch condominium or planned unit development;

Appears in 3 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 01 16h), Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 01 16h), Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cert Se 03 2a)

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 acceptable to Responsible Party and underwritten in accordance conformance with the Underwriting Guidelines;

Appears in 2 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2), Assignment and Recognition Agreement (Morgan Stanley IXIS Real Estate Capital Trust 2006-1)

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 acceptable to the Responsible Party and underwritten in accordance with the Underwriting Guidelines;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Certs Ser 2003-Ahl)

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis minimus planned unit development) such condominium or planned unit development project is acceptable to Responsible Party and underwritten in accordance with meets the eligibility requirements of the Underwriting GuidelinesGuidelines and the representations and warranties required by the Underwriting Guidelines with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Samples: Purchase and Warranties Agreement (Sasco 2006-Bc3)

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 acceptable to Responsible Party Seller and underwritten in accordance with the Underwriting Guidelines;; Schedule-B

Appears in 1 contract

Samples: Transfer and Servicing Agreement (FBR Securitization, Inc.)

AutoNDA by SimpleDocs

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 acceptable to Responsible Party Accredited and underwritten in accordance with the Underwriting Guidelines;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Certs Ser 2003-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 acceptable to the Responsible Party and underwritten in accordance with the Underwriting Guidelines;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Gs Mortgage Securities Corp Mort Pass THR Cert Ser 2003-Fm1)

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 Responsible Party and underwritten in accordance with a prudent lender that makes mortgage loans similar to the Underwriting GuidelinesMortgage Loans;

Appears in 1 contract

Samples: Assignment and Recognition Agreement (Natixis Real Estate Capital Trust 2007-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 acceptable to Responsible Party Seller and underwritten in accordance with the related Underwriting Guidelines;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GSAMP Trust 2005-Ahl)

Time is Money Join Law Insider Premium to draft better contracts faster.