Common use of Initial and Subsequent Transactions Clause in Contracts

Initial and Subsequent Transactions. The entering into by the Buyer of each Transaction (including the initial Transaction) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the entering into of such Transaction and also after giving effect thereto and to the intended use of the Purchase Price paid to the Seller in respect thereof:

Appears in 7 contracts

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

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Initial and Subsequent Transactions. The entering into by the Buyer of each Transaction (including the initial Transaction) with Sellers on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the Buyer entering into of such Transaction with Sellers and also after giving effect thereto and to the intended use of the Purchase Price paid to the Seller in respect thereof:

Appears in 1 contract

Samples: Master Repurchase Agreement (Sutherland Asset Management Corp)

Initial and Subsequent Transactions. The entering into by the Buyer of each Transaction (including the initial Transaction) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the entering into of such Transaction and also after giving effect thereto and to the intended use of the Purchase Price paid to the Seller in respect thereof:

Appears in 1 contract

Samples: Master Repurchase Agreement (Aames Investment Corp)

Initial and Subsequent Transactions. The entering into by the Buyer Agent on behalf of the Buyers of each Transaction (including the initial Transaction) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the entering into of such Transaction and also with respect to clauses (a), (b) and (c) below, after giving effect thereto and to the intended use of the Purchase Price paid to the Seller in respect thereofthereto:

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

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Initial and Subsequent Transactions. The entering into by the Buyer Agent on behalf of the Buyers of each Transaction (including the initial Transaction) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the entering into of such Transaction and also after giving effect thereto and to the intended use of the Purchase Price paid to the Seller in respect thereof:

Appears in 1 contract

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

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