Common use of Future Advances Clause in Contracts

Future Advances. To the extent any future advance is required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, Seller shall fund such future advance in accordance with such Purchased Asset Documents, regardless of whether Purchaser agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advance.

Appears in 7 contracts

Sources: Master Repurchase Agreement (Cim Group, Inc.), Master Repurchase Agreement (Cim Group, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

Future Advances. To the extent any future advance is required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, Seller shall be required to fund such future advance in accordance with such Purchased Asset Documents, regardless of whether Purchaser Buyer agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advance.

Appears in 2 contracts

Sources: Master Repurchase Agreement, Master Repurchase Agreement (Colony NorthStar Credit Real Estate, Inc.)

Future Advances. To the extent any future advance is required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, Seller shall fund such future advance in accordance with such Purchased Asset Documents, regardless of whether Purchaser agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advance. Any Purchased Asset with respect to which there is a Future Advance Failure shall cease being an Eligible Asset and shall be repurchased by Seller as required herein.

Appears in 2 contracts

Sources: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.), Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)

Future Advances. To the extent any future advance Future Advance is validly required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, unless such Seller is contesting in good faith that such Future Advance is required to be made under the related Purchased Asset Documents, the related Seller shall fund such future advance Future Advance in accordance with such the related Purchased Asset Documents, regardless of whether Purchaser agrees to fund funds an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advanceFuture Advance.

Appears in 1 contract

Sources: Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)

Future Advances. To the extent any future advance is required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, Seller shall be required to fund such future advance in accordance with such Purchased Asset Documents, regardless of whether Purchaser Buyer agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard respect to such future advance; provided that, for the avoidance of doubt, Seller funding such future advance shall not diminish Buyer’s obligations hereunder.

Appears in 1 contract

Sources: Master Repurchase Agreement (AB Commercial Real Estate Private Debt Fund, LLC)

Future Advances. To the extent any future advance of funds is required to be made by the lender to a Borrower pursuant to the Purchased Asset Documents with respect to for any Purchased Asset, the applicable Seller shall fund such future advance in accordance with such Purchased Asset Documents, regardless of whether Purchaser Buyer agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advanceFuture Advance.

Appears in 1 contract

Sources: Master Repurchase Agreement (BlackRock Monticello Debt Real Estate Investment Trust)

Future Advances. To the extent any future advance is required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, Seller shall be required to fund such future advance in accordance with such Purchased Asset Documents, regardless of whether Purchaser Buyer agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advance.. 4866-0343-1908v.212

Appears in 1 contract

Sources: Master Repurchase Agreement (BrightSpire Capital, Inc.)

Future Advances. To the extent any future advance Future Advance is validly required to be made pursuant to the Purchased Asset Documents with respect to any Purchased Asset, unless such Seller is contesting in good faith that such Future Advance is required to be made under the related Purchased Asset Documents, the related Seller shall fund such future advance Future Advance in accordance with such the related Purchased Asset Documents, regardless of whether the applicable Purchaser (with Most Senior Class Consent) agrees to fund an increase in the Purchase Price or the conditions for increasing the Purchase Price under this Agreement have been satisfied with regard to such future advanceFuture Advance.

Appears in 1 contract

Sources: Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)