Common use of Eligible Bank Clause in Contracts

Eligible Bank. Either (i) Buyer, or (ii) a bank selected by Seller and approved by Buyer in writing and authorized to conduct trust and other banking business in any state in which Seller conducts operations.

Appears in 6 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (AmeriHome, Inc.)

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Eligible Bank. Either (i) Buyer, or (ii) a A bank selected by Seller and approved by Buyer in writing and authorized to conduct trust and other banking business in any state in which Seller conducts operations.

Appears in 1 contract

Samples: Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)

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Eligible Bank. Either (i) BuyerU.S. Bank National Association, or (ii) a bank selected by Seller and approved by Buyer in writing and authorized to conduct trust and other banking business in any state in which Seller conducts operations.

Appears in 1 contract

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp)

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