EVICTIONS. Each eviction proceeding relating to an REO Property has been properly commenced and, to the Knowledge of Seller, there are no valid defenses or counterclaims by anyone with respect thereto. To the Knowledge of Seller, the REO Property has been maintained in material compliance with applicable laws and regulations.
Appears in 1 contract
Sources: Asset Purchase Agreement (United Community Financial Corp)
EVICTIONS. Each eviction proceeding relating to an REO Property has been properly commenced and, to the Knowledge and Seller is not aware of Seller, there are no any valid defenses defense or counterclaims counterclaim by anyone with respect thereto. To the Knowledge of Seller, the The REO Property has been serviced and maintained in material compliance with all applicable laws and regulations.
Appears in 1 contract
Sources: Asset Purchase Agreement (First Financial Holdings Inc /De/)
EVICTIONS. Each eviction proceeding relating to an REO Property has been properly commenced and, to the Knowledge and Seller is not aware of Seller, there are no any valid defenses defense or counterclaims counterclaim by anyone with respect thereto. To the Knowledge of The REO Property, with respect to maintenance and service performed by Seller, the REO Property has been serviced and maintained in material compliance with applicable all material laws and regulations.
Appears in 1 contract
Sources: Asset Purchase Agreement (Jacksonville Bancorp Inc /Fl/)