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 8 contracts

Sources: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (BrightSpire Capital, Inc.), Master Repurchase Agreement (FS Credit Real Estate Income 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 Knowledge actual knowledge of such event, notify Purchaser of the occurrence of any Default or Event of Default.

Appears in 5 contracts

Sources: 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 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 3 contracts

Sources: Master Repurchase Agreement (Franklin BSP Real Estate Debt, Inc.), Master Repurchase Agreement (Franklin BSP Real Estate Debt BDC), Master Repurchase Agreement (Franklin BSP Real Estate Debt BDC)

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

Sources: Master Repurchase Agreement (Claros Mortgage Trust, Inc.), Master Repurchase Agreement (Claros 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 possible, but in no event later than two (2) Business Days after obtaining Knowledge Seller obtains actual knowledge of such event, notify Purchaser of any Default or Event of Default.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Fortress Credit Realty Income Trust), Master Repurchase Agreement (Fortress Credit Realty Income Trust)

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

Sources: 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 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 2 contracts

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

Sources: Master Repurchase Agreement (TPG RE Finance 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 as soon as possible but in no event later than two three (23) Business Days after obtaining Knowledge of such event.. 4918-1599-2897v.6

Appears in 1 contract

Sources: Master Repurchase Agreement (Principal Credit Real Estate Income Trust)

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

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

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

Appears in 1 contract

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

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

Sources: 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 possible, but in no event later than two (2) Business Days after obtaining Knowledge Seller obtains knowledge of such event, notify Purchaser of any Default or Event of Default.

Appears in 1 contract

Sources: Master Repurchase Agreement (Principal 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

Sources: Master Repurchase Agreement (Starwood Property 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 as soon as possible but in no event later than two five (25) Business Days after obtaining Knowledge of such event.

Appears in 1 contract

Sources: Master Repurchase Agreement (AB Commercial Real Estate Private Debt Fund, LLC)

Default or Event of Default. Each Seller shall notify Buyer of the occurrence of any Default or Event of Default with respect to Seller as soon as possible shall, promptly (but in no event later than two the second (22nd) succeeding Business Days Day) after obtaining Knowledge of such event, notify Purchaser of the occurrence of such Default or Event of Default.

Appears in 1 contract

Sources: Master Repurchase Agreement (Blackstone Private Real Estate Credit & Income Fund)

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

Sources: Master Repurchase Agreement (Starwood Credit Real Estate Income 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 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

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