Common use of Conditions Precedent to Initial Transaction Clause in Contracts

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to Buyer and its counsel in form and substance:

Appears in 1 contract

Sources: Master Repurchase Agreement (Fieldstone Investment Corp)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers any fees and expenses payable hereunder, and all of the following documents, each of which shall be reasonably satisfactory to Buyer and its counsel in form and substance:substance (collectively, the “Facility Documents”):

Appears in 1 contract

Sources: Master Repurchase Agreement (WMC Finance Co)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to Buyer and its counsel in form and substance:

Appears in 1 contract

Sources: Master Repurchase Agreement (Aames Investment Corp)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers Seller any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory in form and substance to Buyer and its counsel in form and substancecounsel: (1) The following Repurchase Documents, as well as certain other documents, delivered to Buyer:

Appears in 1 contract

Sources: Master Repurchase Agreement (WMC Finance Co)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to Buyer and its counsel in form and substance: (i) The following Facility Documents delivered to the Buyer:

Appears in 1 contract

Sources: Master Repurchase Agreement (New Century Financial Corp)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder with respect to each Seller is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers any fees and expenses payable hereunder, and all of the following documentsdocuments with respect to that Seller and in all cases, Encore, (unless otherwise expressly indicated), each of which shall be satisfactory to Buyer and its counsel in form and substance: (i) The following Repurchase Documents delivered to the Buyer:

Appears in 1 contract

Sources: Master Repurchase Agreement (ECC Capital CORP)

Conditions Precedent to Initial Transaction. Buyer’s 's obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers Seller any fees and expenses payable hereunder, including without limitation, the Commitment Fee, and all of the following documents, each of which shall be satisfactory in form and substance to Buyer and its counsel in form and substancetheir sole discretion exercised in good faith:

Appears in 1 contract

Sources: Master Repurchase Agreement (Oak Street Financial Services Inc)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers Seller any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory in form and substance to Buyer and its counsel in form and substancecounsel:

Appears in 1 contract

Sources: Master Repurchase Agreement (ECC Capital CORP)

Conditions Precedent to Initial Transaction. In the event Buyer chooses, in its sole discretion, to enter into a transaction pursuant to Section 3(c) below, Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers Seller any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory in form and substance to Buyer and its counsel in form and substancecounsel:

Appears in 1 contract

Sources: Master Repurchase Agreement (Rait Investment Trust)

Conditions Precedent to Initial Transaction. The Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that the Buyer shall have received from the Sellers any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to the Buyer and its counsel in form and substance: (i) The following Facility Documents delivered to the Buyer:

Appears in 1 contract

Sources: Master Repurchase Agreement (New Century Financial Corp)

Conditions Precedent to Initial Transaction. Buyer’s obligation to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from the Sellers Seller any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to Buyer and its counsel in form and substance: (i) The following Facility Documents delivered to the Buyer:

Appears in 1 contract

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