Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo Guaranty shall not be entitled to such cure period), any “event of default” by the Guarantor under the PC Repo Guaranty, any repudiation of the PC Repo Guaranty by the Guarantor, or if the PC Repo Guaranty is not enforceable against the Guarantor.
Appears in 2 contracts
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Financial Services, Inc.)
Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo Guaranty shall not be entitled to such cure period), any “event of default” by the Guarantor under the PC Repo Guaranty, any repudiation of the PC Repo Guaranty by the Guarantor, or if the PC Repo Guaranty is not enforceable against the Guarantor.
Appears in 2 contracts
Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Repurchase Agreement (Pennymac Financial Services, Inc.)
Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo PMC Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo PMC Guaranty shall not be entitled to such cure period), any “event of default” by the Guarantor under the PC Repo PMC Guaranty, any repudiation of the PC Repo PMC Guaranty by the Guarantor, or if the PC Repo PMC Guaranty is not enforceable against the Guarantor.
Appears in 1 contract
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo Guaranty shall not be entitled to such cure period)days, any “event of default” by the Guarantor under the PC Repo Guaranty, any repudiation of the PC Repo Guaranty by the Guarantor, or if the PC Repo Guaranty is not enforceable against the Guarantor.
Appears in 1 contract
Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)
