Common use of Down Payment Clause in Contracts

Down Payment. The source of the down payment with respect to each Underlying Asset has been verified in accordance with applicable Agency Guidelines.

Appears in 3 contracts

Sources: Amended and Restated Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

Down Payment. The source of the down payment with respect to each Underlying Asset Loan has been verified in accordance with applicable Agency Guidelines.

Appears in 1 contract

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