Common use of Litigation Summary Clause in Contracts

Litigation Summary. On each date on which the Officer’s Compliance Certificate is delivered, Seller Parties shall provide to Administrative Agent and each Buyer a true and correct summary of all material actions, notices, proceedings and investigations pending with respect to which any Seller Party has received service of process or other form of notice or, to the best of the related Seller Party’s knowledge, threatened against it, before any court, administrative or governmental agency or other regulatory body or tribunal.

Appears in 2 contracts

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

Litigation Summary. On each date on which the Officer’s Compliance Certificate is delivered, Seller Parties shall provide to Administrative Agent and each Buyer a true and correct summary of all material actions, notices, proceedings and investigations pending with respect to which any Seller Party has received service of process or other form of notice or, to the best of the related each Seller Party’s knowledge, threatened against it, before any court, administrative or governmental agency or other regulatory body or tribunal.

Appears in 1 contract

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