Common use of Owner Occupied Clause in Contracts

Owner Occupied. In the event the Purchased Mortgage Loan relates to a Mortgaged Property which is non-owner occupied, it, together with the other Purchased Mortgage Loans subject to Transactions relating to Mortgaged Properties which are non-owner occupied, does not exceed 20% of the aggregate outstanding Repurchase Price of all Purchased Mortgage Loans subject to Transactions.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Aames Investment Corp), Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Financial Corp/De)

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Owner Occupied. In the event the Purchased Mortgage Loan relates to a -------------- Mortgaged Property which is non-owner occupied, it, together with the other Purchased Mortgage Loans subject to Transactions relating to Mortgaged Properties which are non-owner occupied, does not exceed 2010% of the aggregate outstanding Repurchase Price of all Purchased Mortgage Loans subject to Transactions.; and

Appears in 1 contract

Samples: Master Repurchase Agreement (First Alliance Corp /De/)

Owner Occupied. In the event the Purchased Mortgage Loan relates to a Mortgaged Property which is non-owner occupied, it, together with the other Purchased Mortgage Loans subject to Transactions relating to Mortgaged Properties which are non-owner occupied, does not exceed 2010% of the aggregate outstanding Repurchase Price of all Purchased Mortgage Loans subject to Transactions.;

Appears in 1 contract

Samples: Master Repurchase Agreement (Aames Financial Corp/De)

Owner Occupied. In the event the Purchased such Mortgage Loan relates to a Mortgaged Property which is non-owner occupied, itthe Mortgage Loan, together with the other Purchased Mortgage Loans subject to Transactions relating to Mortgaged Properties which are non-owner occupied, does not exceed 20% of the aggregate outstanding Repurchase Price unpaid principal balance of all Purchased Mortgage Loans subject to Transactions.;

Appears in 1 contract

Samples: Master Repurchase Agreement (Firstcity Financial Corp)

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Owner Occupied. In the event the Purchased Mortgage Loan relates to a Mortgaged Property which is non-owner occupied, it, together with the other Purchased Mortgage Loans subject to Transactions relating to Mortgaged Properties which are non-owner occupied, does not exceed 2015% of the aggregate outstanding Repurchase Price of all Purchased Mortgage Loans subject to TransactionsFacility Amount.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

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