Common use of Ineligible Loans Clause in Contracts

Ineligible Loans. With respect to any Transaction, the Administrative Agent shall have determined in the course of its due diligence that the greater (by count) of 5% or twenty (20) of the Mortgage Loans are ineligible for sale to Administrative Agent in accordance with the terms of this Agreement.

Ineligible Loans. With respect to any Transaction, the Administrative Agent shall have determined determines in its sole and absolute discretion and in the course of its due diligence that the greater (by count) of 5% or twenty (20) of the Mortgage Loans are ineligible for sale to Administrative Agent in accordance with the terms of this Agreement.an Approved Investor;