Common use of TERMINABILITY Clause in Contracts

TERMINABILITY. Each representation and warranty made or deemed to be made by entering into a Transaction, herein or pursuant hereto, will survive the making of such representation and warranty, and Buyer will not be deemed to have waived any Default or Event of Default that may arise because any such representation or warranty has proved to be false or misleading, notwithstanding that Buyer may have had notice or knowledge or reason to believe that such representation or warranty was false or misleading at the time the Transaction was made. Notwithstanding the occurrence of such Default or Event of Default, all of the representations and warranties and covenants hereunder will continue and survive. The obligations of Seller under Sections 6, 7, 15, and 30 hereof will survive the termination of this Repurchase Agreement and the repayment of all Obligations.

Appears in 1 contract

Samples: Master Repurchase Agreement (Horton D R Inc /De/)

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TERMINABILITY. Each representation and warranty made or deemed to be made by entering into a Transaction, herein or pursuant hereto, will survive the making of such representation and warranty, and Buyer will not be deemed to have waived any Default or Event of Default that may arise because any such representation or warranty has proved to be false or misleading, notwithstanding that Buyer may have had notice or knowledge or reason to believe that such representation or warranty was false or misleading at the time the Transaction was made. Notwithstanding the occurrence of such Default or Event of Default, all of the representations and ‑57‑ warranties and covenants hereunder will continue and survive. The obligations of Seller and Guarantor, as applicable, under Sections 6, 7, 158, 16 and 30 hereof will survive the termination of this Repurchase Agreement and the repayment of all Obligations.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

TERMINABILITY. Each representation and warranty made or deemed to be made by entering into a Transaction, herein or pursuant hereto, will hereto shall survive the making of such representation and warranty, and Buyer will the Agent shall not be deemed to have waived any Default or Event of Default that may arise because any such representation or warranty has shall have proved to be false or misleading, notwithstanding that Buyer the Agent may have had notice or knowledge or reason to believe that such representation or warranty was false or misleading at the time the Transaction was made. Notwithstanding any such termination or the occurrence of such Default or an Event of Default, all of the representations and warranties and covenants hereunder will shall continue and survive. If no Termination Event occurs before then, this Repurchase Agreement will terminate on the Termination Date. The obligations of Seller the Sellers under Sections 6, 7, 15Section 16 and Section 17, and 30 hereof will all other obligations of the Sellers which have not been performed as of the termination of this Repurchase Agreement, shall survive the termination of this Repurchase Agreement and the repayment of all ObligationsAgreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Guild Holdings Co)

TERMINABILITY. Each representation and warranty made or deemed to be made by entering into a Transaction, herein or pursuant hereto, will survive the making of such representation and warranty, and Buyer will not be deemed to have waived any Default or Event of Default that may arise because any such representation or warranty has proved to be false or misleading, notwithstanding that Buyer may have had notice or knowledge or reason to believe that such representation or warranty was false or misleading at the time the Transaction was made. Notwithstanding the occurrence of such Default or Event of Default, all of the representations and warranties and covenants hereunder will continue and survive. The obligations of each Seller under Sections 6, 7, 15, 15 and 30 hereof will survive the termination of this Repurchase Agreement and the repayment of all Obligations.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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TERMINABILITY. Each representation and warranty made or deemed to be made by entering into a Transaction, herein or pursuant hereto, will survive the making of such representation and warranty, and Buyer will not be deemed to have waived any Default or Event of Default that may arise because any such representation or warranty has proved to be false or misleading, notwithstanding that Buyer may have had notice or knowledge or reason to believe that such representation or warranty was false or misleading at the time the Transaction was made. Notwithstanding the occurrence of such Default or Event of Default, all of the representations and warranties and covenants hereunder will continue and survive. The obligations of Seller Sellers under Sections 6, 7, 15, 15 and 30 hereof will survive the termination of this Repurchase Agreement and the repayment of all Obligations.

Appears in 1 contract

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

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