Common use of Inability to Perform Clause in Contracts

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.

Appears in 6 contracts

Sources: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit admits in writing its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s its obligations hereunder or under the Guaranty.Facility Documents; or

Appears in 6 contracts

Sources: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

Inability to Perform. A Responsible Officer An officer of any Seller or Guarantor shall admit its inability to, or its intention not to, perform any of any Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.

Appears in 5 contracts

Sources: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s the Obligations hereunder or Guarantor’s obligations hereunder or under the Guaranty.

Appears in 3 contracts

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

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s obligations Obligations hereunder or the Guaranty.

Appears in 3 contracts

Sources: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Inability to Perform. A Responsible Officer An officer of any Seller or the Guarantor shall admit its inability to, or its intention not to, perform any of the Seller’s Obligations or the Guarantor’s obligations hereunder or the Guaranty.

Appears in 2 contracts

Sources: Master Repurchase Agreement, Master Repurchase Agreement (New Century Financial Corp)

Inability to Perform. A Responsible Officer An officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s 's Obligations or Guarantor’s 's obligations hereunder or the Guarantyhereunder.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Staten Island Bancorp Inc), Master Repurchase Agreement (Staten Island Bancorp Inc)

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s obligations hereunder or the PC Guaranty.

Appears in 2 contracts

Sources: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Inability to Perform. A Responsible Officer of Any Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s their obligations hereunder or under the Guaranty.Facility Documents; or

Appears in 2 contracts

Sources: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

Inability to Perform. A Responsible Officer of Seller or any Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s the Obligations hereunder or any Guarantor’s obligations hereunder or under the Guaranty.

Appears in 2 contracts

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

Inability to Perform. A Responsible Officer of Seller or Guarantor Guarantor, as applicable, shall admit in writing (i) its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s, as applicable, obligations under this Agreement or any Program Document or (ii) its breach of Seller’s or Guarantor’s, as applicable, obligations hereunder under this Agreement or the Guaranty.any Program Document; or

Appears in 1 contract

Sources: Master Repurchase Agreement (RAIT Financial Trust)

Inability to Perform. A Responsible Officer An officer of any Seller or Guarantor the Guarantor, shall admit its inability to, or its intention not to, perform any of any Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.obligations; or

Appears in 1 contract

Sources: Master Repurchase Agreement (Sutherland Asset Management Corp)

Inability to Perform. A Responsible Officer An officer of the Seller or Guarantor shall admit its inability to, or its intention not to, perform any of the Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.. 44

Appears in 1 contract

Sources: Master Repurchase Agreement (Angel Oak Mortgage REIT, Inc.)

Inability to Perform. A Responsible Officer An officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.Obligations; or

Appears in 1 contract

Sources: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.. ​

Appears in 1 contract

Sources: Master Repurchase Agreement (PennyMac Financial Services, Inc.)

Inability to Perform. A Responsible Officer of Seller or Guarantor Guarantor, as applicable, shall admit (i) its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s, as applicable, obligations under this Agreement or any Program Document or (ii) its breach of Seller’s or Guarantor’s, as applicable, obligations hereunder under this Agreement or the Guaranty.any Program Document; or

Appears in 1 contract

Sources: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.)

Inability to Perform. A Responsible Officer An officer of the Seller or Guarantor shall admit its inability to, or its intention not to, perform any of the Seller’s Obligations or Guarantor’s obligations hereunder or the Guaranty.

Appears in 1 contract

Sources: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Inability to Perform. A Responsible Officer of Seller or Guarantor shall admit admits its inability to, or its intention not to, perform any of Seller’s Obligations or Guarantor’s its obligations hereunder or under the Guaranty.Facility Documents; or

Appears in 1 contract

Sources: Master Repurchase Agreement and Securities Contract (loanDepot, Inc.)