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(n) Booked Indebtedness. Agenda step three hereto, as amended from time to time pursuant to the monthly Compliance Certificate (the ?Scheduled Indebtedness?) and no defaults or events of default exist thereunder, which default or event of default entitles any party to require acceleration or prepayment of any Indebtedness thereunder. Seller shall give Buyer prompt notification if any Scheduled Indebtedness that is a repurchase agreement, warehouse facility or similar credit facility (in each case providing mortgage warehouse financing) or that is a servicing advance facility provides more favorable terms to the buyer with respect to any financial covenants covering the same or similar subject matter as the Financial Condition Covenants.
(w) . Regarding for every single Agency Recognition and to the the https://paydayloancolorado.net/arapahoe/ amount in past times recognized, Vendor is in a beneficial standing, no skills having taken place or one Supplier relatively thinks you certainly will end up in, plus, versus limitation, a modification of insurance that will both make Supplier incapable so you can conform to the qualification conditions to have keeping the such as for example relevant or want alerts toward related Institution.
(c)(i)(C) one low-frivolous and you will reputable lawsuits otherwise proceeding that’s pending otherwise endangered in writing (a) facing Merchant the spot where the matter inside it exceeds the fresh new Lawsuits Tolerance that is perhaps not included in insurance, in which injunctive otherwise similar recovery is actually found, otherwise and therefore, perform relatively be expected to possess a content Bad Perception, (b) to the some of the Repurchase Property, which, when the negatively computed, create reasonably be anticipated to have a material Bad Impression and you may (c) one issues or pressures compliance of every Home loan towards Capacity to Repay Laws otherwise QM Signal;