Common use of Plan Assets Clause in Contracts

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and Seller shall not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 10 contracts

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

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Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, 101 as amended by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 10 contracts

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

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section section 4975(e)(1) of the Code and Seller shall not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section section 3(32) of ERISA.

Appears in 9 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, 101 as amended by Section section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section section 3(32) of ERISA.

Appears in 9 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 8 contracts

Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Home Point Capital Inc.)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 7 contracts

Samples: Master Repurchase Agreement (WMC Finance Co), Master Repurchase Agreement, Master Repurchase Agreement (Homebanc Corp)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 5 contracts

Samples: Mortgage Loan Participation Sale Agreement (loanDepot, Inc.), Mortgage Loan Participation Sale Agreement (loanDepot, Inc.), Participation Sale Agreement (loanDepot, Inc.)

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and Seller shall not use “plan assets” within the meaning of 29 CFR § §2510.3 101, as amended by Section 3(42) of ERISA to engage in this Repurchase Agreement or any Transaction hereunder. Transactions to by or with Seller or Guarantor shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 5 contracts

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

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to ERISA, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Finance of America Companies Inc.), Master Repurchase Agreement (Finance of America Companies Inc.), Master Repurchase Agreement (Finance of America Companies Inc.)

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and Seller shall not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to or with Seller or Guarantor shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 4 contracts

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 3(3) of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and Seller shall not use Code, or an entity deemed to hold “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or ERISA, and Seller is not acting on behalf of any Transaction hereunderof the foregoing. Transactions to or with Seller shall is not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA, and the Purchased Assets are not “plan assets” within the meaning of 29 CFR §2510.3-101, as modified by Section 3(42) of ERISA.

Appears in 3 contracts

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

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR C.F.R. § 2510.3 2510.3-101, as amended by Section section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section section 3(32) of ERISA.

Appears in 3 contracts

Samples: Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (AmeriHome, Inc.)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Participation Certificate and Mortgage Loans are not use “plan assets” within the meaning of 29 CFR C.F.R. § 2510.3 101, as amended by Section 3(42) of ERISA to engage 2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 3 contracts

Samples: Participation Sale Agreement (Home Point Capital Inc.), Mortgage Loan Participation Sale Agreement (Home Point Capital Inc.), Participation Sale Agreement (Home Point Capital Inc.)

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section section 4975(e)(1) of the Code and Seller shall not use “plan assets” within that is subject to Section 4975 of the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunderCode. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section section 3(32) of ERISAERISA which would be violated by the Transactions contemplated hereunder.

Appears in 3 contracts

Samples: Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (AmeriHome, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands and transactions by or with Seller shall are not be subject to any foreign state or local statute regulating investments of of, or fiduciary obligations with respect to to, governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 3 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § §2510.3 101, 101 as amended by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 3 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and the Seller shall not use “plan assets” within the meaning of 29 CFR § §2510.3 101, as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to by or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Tree.com, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to to, governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Walter Investment Management Corp)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR C.F.R. § 2510.3 2510.3-101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to ERISA, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage 2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands."

Appears in 2 contracts

Samples: Master Repurchase Agreement (Oak Street Financial Services Inc), Master Repurchase Agreement (United Financial Mortgage Corp)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § §2510.3 101, 101 as amended by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to the Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement (Walter Investment Management Corp)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to ERISA, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to to, governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 3(3) of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 §2510.3-101, as amended modified by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 2 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Standard Pacific Corp /De/)

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and the Seller shall not use “plan assets” within the meaning of 29 CFR § 2510.3 101, §2510.3-101 as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to , and transactions by or with Seller or Guarantor shall not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Samples: Master Repurchase Agreement (InPoint Commercial Real Estate Income, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Taberna Realty Finance Trust)

Plan Assets. Seller shall not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and Seller shall not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions under this agreement to or with Seller or Guarantor shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

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

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § §2510.3 101, 101 as amended by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to the Seller’s hands, and transactions by or with Seller shall or are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Samples: Master Repurchase Agreement (Tree.com, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Loans are not use “plan assets” within the meaning of 29 CFR C.F.R. § 2510.3 2510.3-101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to ERISA, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to to, governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § §2510.3 101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to ERISA, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 1 contract

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

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended modified by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to ERISA, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA or church plans within the meaning of Section 3(33) of ERISA.

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage (S)2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands."

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage 2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (E Loan Inc)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets and the Repurchase Assets are not use “plan assets” within the meaning of 29 CFR § §2510.3 101, 101 as amended by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage ss.2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Anthracite Capital Inc)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage 2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Winston Hotels Inc)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage ss.2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands.

Appears in 1 contract

Samples: Chimera Investment Corp

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, 2510.3-101 as amended by Section 3(42) of ERISA to engage ERISA, in Seller’s hands, and transactions under this Agreement or any Transaction hereunder. Transactions to by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISAERISA which would be violated by the Transactions contemplated hereunder.

Appears in 1 contract

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

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code and Seller shall Code, the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, §2510.3-101 as amended by Section 3(42) of ERISA to engage in this Agreement or any Transaction hereunder. Transactions to the Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of investments, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Samples: Master Repurchase Agreement (InPoint Commercial Real Estate Income, Inc.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § §2510.3 101, 101 as amended by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands, and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Samples: Pledge Agreement (Impac Mortgage Holdings Inc)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101§2510.3-101 , as amended modified by Section 3(42) of ERISA to engage ERISA, in this Agreement or any Transaction hereunder. Transactions to Seller’s hands and transactions by or with Seller shall are not be subject to any state or local statute regulating investments of of, or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Samples: Mortgage Loan Participation Sale Agreement (Mr. Cooper Group Inc.)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASellers’ hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Fieldstone Investment Corp)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Fieldstone Investment Corp)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Assets are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage 2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Ny Credit Corp.)

Plan Assets. Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “plan assets” within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage 101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller’s hands.

Appears in 1 contract

Samples: Master Repurchase Agreement (Ryland Group Inc)

Plan Assets. The Seller shall is not be an employee benefit plan as defined in Section 3 of Title I of ERISA, or a plan described in Section 4975(e)(1) of the Code Code, and Seller shall the Purchased Mortgage Loans are not use “"plan assets" within the meaning of 29 CFR § 2510.3 101, as amended by Section 3(42) of ERISA to engage §2510.3-101 in this Agreement or any Transaction hereunder. Transactions to or with Seller shall not be subject to any state or local statute regulating investments of or fiduciary obligations with respect to governmental plans within the meaning of Section 3(32) of ERISASeller's hands.

Appears in 1 contract

Samples: Repurchase Agreement (Fieldstone Investment Corp)

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