Common use of Default or Event of Default Clause in Contracts

Default or Event of Default. Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller as soon as possible but in no event later than two (2) Business Days after obtaining Knowledge of such event.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

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Default or Event of Default. Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller shall, as soon as possible but in no event later than two (2) Business Days after obtaining Knowledge actual knowledge of such event, notify Purchaser of the occurrence of any Default or Event of Default.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)

Default or Event of Default. Seller shall promptly notify Buyer of the occurrence of any Default or Event of Default with respect to Seller as soon as possible but in no event later than two three (23) Business Days after obtaining Knowledge of such event.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Seven Hills Realty Trust), Master Repurchase Agreement (Tremont Mortgage Trust)

Default or Event of Default. Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller shall, as soon as possible but in no event later than two (2) the second succeeding Business Days Day after obtaining Knowledge actual knowledge of such event, notify Purchaser of the occurrence of any Default or Event of Default.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Claros Mortgage Trust, Inc.), Master Repurchase Agreement (Claros Mortgage Trust, Inc.)

Default or Event of Default. Each Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller shall, as soon as possible but in no event later than two (2) Business Days after obtaining Knowledge of such event, notify Purchaser of the occurrence of any Default or Event of Default.

Appears in 1 contract

Samples: Master Repurchase Agreement (Benefit Street Partners Realty Trust, Inc.)

Default or Event of Default. Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller shall, as soon as possible possible, but in no event later than two (2) Business Days after obtaining Knowledge actual knowledge of such event, notify Purchaser of any Default or Event of Default.

Appears in 1 contract

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

Default or Event of Default. Each Seller shall notify Buyer Purchaser, Account Bank, Servicer and Custodian of the occurrence of any Default or Event of Default with respect to any Seller as soon as possible but in no event later than two (2) Business Days after obtaining Knowledge of such event.

Appears in 1 contract

Samples: Master Repurchase Agreement (Starwood Credit Real Estate Income Trust)

Default or Event of Default. Each Seller shall notify Buyer Purchaser of the occurrence of any Default or Event of Default with respect to Seller as soon as possible but in no event later than than, (i) with respect to the occurrence of any Default, two (2) Business Days and, (ii) with respect to the occurrence of any Event of Default, the immediately succeeding Business Day, after obtaining Knowledge of such event.

Appears in 1 contract

Samples: Master Repurchase Agreement (Starwood Property Trust, Inc.)

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Default or Event of Default. Seller shall notify Buyer Purchaser of the occurrence of any Default or Event of Default with respect to Seller as soon as possible but in no event later than two (2) Business Days after obtaining Knowledge of such event.

Appears in 1 contract

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

Default or Event of Default. Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller shall, as soon as possible but in no event later than two (2) Business Days after obtaining actual Knowledge of such event, notify Purchaser of the occurrence of any Default or Event of Default.

Appears in 1 contract

Samples: Master Repurchase Agreement (TPG RE Finance Trust, Inc.)

Default or Event of Default. Seller shall shall, promptly (but in no event later than the second (2nd) succeeding Business Day) after obtaining actual knowledge of such event, notify Buyer Purchaser of the occurrence of any Default or Event of Default with respect to Seller as soon as possible but in no event later than two (2) Business Days after obtaining Knowledge of such eventDefault.

Appears in 1 contract

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

Default or Event of Default. Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller shall, as soon as possible but in no event later than two the first (21st) succeeding Business Days Day after obtaining Knowledge actual knowledge of such event, notify Purchaser of the occurrence of any Default or Event of Default.

Appears in 1 contract

Samples: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)

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