Common use of Title to all Purchased Assets and Purchased Clause in Contracts

Title to all Purchased Assets and Purchased. Items shall pass to Buyer and Buyer shall have free and unrestricted use of all Purchased Assets. Nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Assets and Purchased Items or otherwise selling, pledging, repledging, transferring, hypothecating, or rehypothecating the Purchased Assets and Purchased Items, all on terms that Buyer may determine in its sole discretion; provided, however, that Buyer shall transfer the Purchased Assets to Seller on the applicable Repurchase Date free and clear of any pledge, lien, security interest, encumbrance, charge or other adverse claim on any of the Purchased Assets. Nothing contained in this Agreement shall obligate Buyer to segregate any Purchased Assets or Purchased Items transferred to Buyer by Seller.

Appears in 6 contracts

Sources: Master Repurchase Agreement (ACRES Commercial Realty Corp.), Master Repurchase Agreement (Granite Point Mortgage Trust Inc.), Master Repurchase and Securities Contract Agreement

Title to all Purchased Assets and Purchased. Items shall pass to Buyer and Buyer shall have free and unrestricted use of all Purchased Assets. Nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Assets and Purchased Items or otherwise selling, pledging, repledging, transferring, hypothecating, or rehypothecating the Purchased Assets and Purchased Items, all on terms that Buyer may determine in its sole discretion; provided, however, that Buyer shall (i) transfer the Purchased Assets to Seller on the applicable Repurchase Date free and clear of any pledge, lien, security interest, encumbrance, charge or other adverse claim on any of the Purchased AssetsAssets and (ii) credit Income and Principal Payments to Seller in accordance with Article 4 hereof. Nothing contained in this Agreement shall obligate Buyer to segregate any Purchased Assets or Purchased Items transferred to Buyer by Seller.

Appears in 4 contracts

Sources: Master Repurchase Agreement (Capital Trust Inc), Master Repurchase Agreement (Capital Trust Inc), Master Repurchase Agreement (Capital Trust Inc)

Title to all Purchased Assets and Purchased. Items shall pass to Buyer and Buyer shall have free and unrestricted use of all Purchased Assets. Nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Assets and Purchased Items or otherwise selling, pledging, repledging, transferring, hypothecating, or rehypothecating the Purchased Assets and Purchased Items, all on terms that Buyer may determine in its sole discretion; provided, however, that Buyer shall transfer the Purchased Assets to the applicable Seller on the applicable Repurchase Date free and clear of any pledge, lienLien, security interest, encumbrance, charge or other adverse claim on any of the Purchased Assets. Nothing contained in this Agreement shall obligate the Buyer to segregate any Purchased Assets or Purchased Items transferred to Buyer by any Seller.

Appears in 3 contracts

Sources: Acquisition Repurchase Agreement (Gramercy Capital Corp), Master Repurchase Agreement (Gramercy Capital Corp), Master Repurchase Agreement (Capital Lease Funding Inc)

Title to all Purchased Assets and Purchased. Items shall pass to Buyer and Buyer the Buyers and, subject to the terms of the Repurchase Documents, the Buyers or their designee shall have free and unrestricted use of all Purchased AssetsAssets and Purchased Items. Nothing in this Agreement shall preclude Buyer the Buyers or their designee from engaging in repurchase transactions with the Purchased Assets and Purchased Items or otherwise selling, pledging, repledging, transferring, hypothecating, or rehypothecating the Purchased Assets and Purchased Items, all on terms that Buyer the Buyers may determine in its their sole discretion; provided, however, that Buyer any such pledge or transfer shall be made expressly subject to the terms of the Repurchase Documents and the Buyers shall transfer the Purchased Assets to the Seller on the applicable Repurchase Date free and clear of any pledge, lienLien, security interest, encumbrance, charge or other adverse claim on any of the Purchased Assets. Nothing contained in this Agreement shall obligate Buyer the Buyers or the Agent to segregate any Purchased Assets or Purchased Items transferred by any Seller to Buyer by Sellerthe Buyers.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Gramercy Capital Corp), Master Repurchase Agreement (Gramercy Capital Corp)

Title to all Purchased Assets and Purchased. Items shall pass to Buyer and Buyer shall have free and unrestricted use of all Purchased Assets. Nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Assets and Purchased Items or otherwise selling, pledging, repledging, transferring, hypothecating, or rehypothecating the Purchased Assets and Purchased Items, all on terms that Buyer may determine in its sole discretion; provided, however, that Buyer shall transfer the Purchased Assets to Seller on the applicable Repurchase Date free and clear of any pledge, lienLien, security interest, encumbrance, charge or other adverse claim on any of the Purchased Assets. Nothing contained in this Agreement shall obligate Buyer to segregate any Purchased Assets or Purchased Items transferred to Buyer by Seller.

Appears in 1 contract

Sources: Master Repurchase Agreement (CBRE Realty Finance Inc)