Examples of MLMCI in a sentence
As an integral part of its business, MLMCI enters into repurchase agreements whereby it obtains funds by pledging its own whole loans as collateral.
The separate financing statement, instrument or other document, if required by MLMCI to be recorded and/or filed with respect to the subject Loan or substitution, shall have been so recorded and/or filed.
Nothing in this Agreement shall preclude MLMCI from engaging in transactions with third parties involving the selling pursuant to a repurchase arrangement, pledging or hypothecating of the Collateral, but no such transaction shall relieve MLMCI of its obligations hereunder.
So long as MLMCI shall act in a commercially reasonable manner, Assignor hereby waives the defense of impairment of the Collateral.
The consummation of the transactions contemplated hereby and by the other Loan Documents shall not contravene, violate or conflict with, nor involve MLMCI in a violation of, any requirement of law.
MLMCI shall incur no liability to Assignor for any act of government, act of God, or other destruction in whole or in part or negligence or wrongful act of custodians or agents selected by and supervised by MLMCI with reasonable care, or MLMCI's failure to provide adequate protection or insurance for the Collateral.
A detailed risk assessment appraisal has been undertaken in respect of the redevelopment option and this is attached at Appendix F.
All other documents and legal matters in connection with the transactions contemplated by this Agreement and the other Loan Documents shall be reasonably satisfactory in form and substance to MLMCI and its counsel.
MLMCI shall have received true and complete copies of the Certificate of Incorporation and By-Laws of Assignor (including any and all amendments, supplements and modifications thereto) certified to such effect by a duly authorized officer of Assignor as of the Effective Date.
Assignor shall defend the Collateral against all such claims and demands of all persons, at all times, as are adverse to MLMCI.