Common use of Sophisticated Purchaser Clause in Contracts

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactions. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by Seller or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller herein.

Appears in 3 contracts

Samples: Mortgage Servicing Rights Purchase and Sale Agreement, Mortgage Servicing Rights Purchase and Sale Agreement (Walter Investment Management Corp), Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage Holdings Inc.)

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Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactionsinformation and documents provided by the Seller and the terms of this Agreement. The Purchaser has relied solely on consulted with such experienceinvestment, knowledgelegal, due diligence tax, accounting and evaluation and has not relied on any oral or written information provided by Seller or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller hereinadvisers as it deems necessary.

Appears in 3 contracts

Samples: Transfer Agreement (Ocwen Financial Corp), Transfer Agreement (New Residential Investment Corp.), HomeStreet, Inc.

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s 's own independent experience, knowledge, due diligence and evaluation of the Transactionstransactions contemplated in this Agreement. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by Seller or Seller’s 's agents other than the Offering Materials and the representations and warranties made by Seller herein.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Ocwen Financial Corp), Assignment and Assumption Agreement (New Residential Investment Corp.)

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Excess Servicing Rights Spread is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactionsthis transaction. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by Seller or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller herein.

Appears in 2 contracts

Samples: Sale and Assignment Agreement (Newcastle Investment Corp), Excess Servicing Spread Sale and Assignment Agreement (Nationstar Mortgage Holdings Inc.)

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactionstransactions contemplated in this Agreement. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by Seller or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller herein.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (New Residential Investment Corp.)

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Mortgage Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactions. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral provided that nothing in this Section 6.04 shall restrict or written information provided by Seller limit Purchaser’s right to indemnification or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller hereinremedies hereunder.

Appears in 1 contract

Samples: Mortgage Servicing Rights Purchase and Sale Agreement (HomeStreet, Inc.)

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Mortgage Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactions. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by Seller or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller herein.

Appears in 1 contract

Samples: Mortgage Servicing Rights Purchase and Sale Agreement (Ocwen Financial Corp)

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Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactions. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by the related Seller or such Seller’s agents other than the Offering Materials and the representations and warranties made by such Seller herein.. Section 6.05

Appears in 1 contract

Samples: Rights Purchase and Sale Agreement

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactions. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by the related Seller or such Seller’s agents other than the Offering Materials and the representations and warranties made by such Seller herein.

Appears in 1 contract

Samples: Rights Purchase and Sale Agreement (Springleaf Holdings, Inc.)

Sophisticated Purchaser. The Purchaser is a sophisticated investor and its bid and decision to purchase the Servicing Rights is based upon the Purchaser’s own independent experience, knowledge, due diligence and evaluation of the Transactionsthis transaction. The Purchaser has relied solely on such experience, knowledge, due diligence and evaluation and has not relied on any oral or written information provided by Seller or Seller’s agents other than the Offering Materials and the representations and warranties made by Seller herein.

Appears in 1 contract

Samples: Mortgage Servicing Rights Purchase and Sale Agreement (Nationstar Mortgage LLC)

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