Common use of Transaction Approval Clause in Contracts

Transaction Approval. Purchaser shall have (A) determined, in its sole discretion, that each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing and (C) determined that all conditions precedent to such Transaction as set forth in this Article 3 have been satisfied, as evidenced by Purchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 2 contracts

Sources: Master Repurchase Agreement, Master Repurchase Agreement (Colony Credit Real Estate, Inc.)

Transaction Approval. Purchaser shall have (A) determined, in its sole discretion, that each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing and (C) determined that all conditions precedent to such Transaction as set forth in this Article 3 have been satisfiedforegoing, as evidenced by Purchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Sources: Master Repurchase Agreement (Realty Finance Trust, Inc.)

Transaction Approval. Purchaser Buyer shall have (A) determined, in its sole discretion, that each related proposed Purchased Asset is an Eligible Asset and Asset, (B) received internal credit approval with respect to the proposed Transaction, each of (C) made a determination in its sole discretion to enter into the foregoing proposed Transaction and (CD) determined that all conditions precedent to such Transaction as set forth in this Article Section 3 have been satisfied, as evidenced by Purchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Sources: Master Repurchase Agreement (Fortress Credit Realty Income Trust)

Transaction Approval. Purchaser shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing and (C) determined that all conditions precedent to such Transaction as set forth in this Article 3 have been satisfiedforegoing, as evidenced by Purchaser’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Sources: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.)

Transaction Approval. Purchaser Buyer shall have (A) determined, in its sole discretion, that the each related proposed Purchased Asset is an Eligible Asset and (B) received internal credit approval with respect to the proposed Transaction, each of the foregoing and (C) determined that all conditions precedent to such Transaction as set forth in this Article 3 have been satisfiedforegoing, as evidenced by Purchaser▇▇▇▇▇’s execution and delivery of a Confirmation with respect thereto.

Appears in 1 contract

Sources: Master Repurchase Agreement (BrightSpire Capital, Inc.)