Common use of Illegal Activities Clause in Contracts

Illegal Activities. No Seller Party or Guarantor shall engage in any conduct or activity that could subject its assets to forfeiture or seizure.

Appears in 4 contracts

Sources: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Illegal Activities. No Seller Party or nor Guarantor shall engage in any conduct or activity that could subject reasonably be foreseeable as subjecting a material portion of its assets to forfeiture or seizure.

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.)

Illegal Activities. No Seller Party or nor Guarantor shall engage in any conduct or activity that could subject reasonably be foreseeable as subjecting its assets to forfeiture or seizure.

Appears in 3 contracts

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

Illegal Activities. No Seller Party or nor Guarantor shall engage in any conduct or activity that could would reasonably be expected to subject its assets to forfeiture or seizure.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Mr. Cooper Group Inc.), Master Repurchase Agreement (Mr. Cooper Group Inc.)

Illegal Activities. No Seller Party or Guarantor shall engage in any conduct or activity that could subject its assets to forfeiture or seizure.

Appears in 1 contract

Sources: Master Repurchase Agreement (American Home Mortgage Investment Corp)