Common use of Condominiums/Planned Unit Developments Clause in Contracts

Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of ▇▇▇▇▇▇ Mae and ▇▇▇▇▇▇▇ Mac including ▇▇▇▇▇▇ Mae eligibility requirements for sale to ▇▇▇▇▇▇ ▇▇▇ or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 9 contracts

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

Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of ▇▇▇▇▇▇ Mae and ▇▇▇▇▇▇▇ Mac including ▇▇▇▇▇▇ Mae eligibility requirements for sale to ▇▇▇▇▇▇ ▇▇▇ or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 5 contracts

Sources: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-A1), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Investors Trust, Series 2006-A2)

Condominiums/Planned Unit Developments. If the Residential Dwelling residential dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of ▇▇▇▇▇▇ Mae and ▇▇▇▇▇▇▇ Mac including ▇▇▇▇▇▇ Mae eligibility requirements for sale to ▇▇▇▇▇▇ ▇▇▇ or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;.

Appears in 4 contracts

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

Condominiums/Planned Unit Developments. If the Residential Dwelling residential dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of ▇▇▇▇▇▇ Mae and ▇▇▇▇▇▇▇ Mac including ▇▇▇▇▇▇ Mae eligibility requirements for sale to ▇▇▇▇▇▇ ▇▇▇ or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 2 contracts

Sources: Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (Homebanc Corp)

Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of F▇▇▇▇▇ Mae and F▇▇▇▇▇▇ Mac including F▇▇▇▇▇ Mae eligibility requirements for sale to F▇▇▇▇▇ M▇▇ or is located in a condominium or planned unit development project which has received F▇▇▇▇▇ Mae project approval and the representations and warranties required by F▇▇▇▇▇ M▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Master Repurchase Agreement (Homebanc Corp)

Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of ▇▇▇▇▇▇ Mae ▇▇▇ and ▇▇▇▇▇▇▇ Mac including ▇▇▇▇▇▇ Mae eligibility requirements for sale to ▇▇▇▇▇▇ ▇▇▇ or is located in a condominium or planned unit development project which has received ▇▇▇▇▇▇ Mae project approval and the representations and warranties required by ▇▇▇▇▇▇ ▇▇▇ with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Appears in 1 contract

Sources: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of ▇▇▇Fannie Mae and Freddie Mac including Fannie Mae eligibility requireme▇▇▇ Mae and ▇▇▇▇▇▇▇ Mac including ▇▇▇▇▇▇ Mae eligibility requirements for r sale to ▇▇▇▇▇▇ Mae or is loca▇▇▇ or is located in ▇▇ a condominium or planned unit development project which has received ▇▇▇▇▇c▇hich has received Fannie Mae project approval and the representations and warranties required by re▇▇▇▇▇▇ ▇▇▇ by Fannie Mae with respect to such condominium or planned unit development have been developme▇▇ ▇▇▇e ▇▇en made and remain true and correct in all respects;

Appears in 1 contract

Sources: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A8)