Common use of No Actions Clause in Contracts

No Actions. There have not been commenced or, to the best of Seller’s knowledge, threatened, any action, suit or proceeding which will likely materially and adversely affect the consummation of the transactions contemplated by any Transaction Document.

Appears in 35 contracts

Sources: Future Spread Agreement for Non Agency Mortgage Loans, Current Excess Servicing Spread Acquisition Agreement, Current Excess Servicing Spread Acquisition Agreement

No Actions. There have not been commenced or, to the best of Seller’s knowledge, threatened, threatened any action, suit or proceeding which will likely materially and adversely affect the consummation of the transactions contemplated by any Transaction Document.

Appears in 32 contracts

Sources: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Future Spread Agreement for Non Agency Mortgage Loans (Nationstar Mortgage Holdings Inc.)

No Actions. There have not been commenced or, to the best of Seller’s 's knowledge, threatened, threatened any action, suit or proceeding which will likely materially and adversely affect the consummation of the transactions contemplated by any Transaction Document.

Appears in 4 contracts

Sources: Future Spread Agreement for Non Agency Mortgage Loans (Nationstar Mortgage Holdings Inc.), Future Spread Agreement for Non Agency Mortgage Loans (Nationstar Mortgage Holdings Inc.), Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.)

No Actions. There have not been commenced or, to the best of Seller’s 's knowledge, threatened, any action, suit or proceeding which will likely materially and adversely affect the consummation of the transactions contemplated by any Transaction Document.

Appears in 2 contracts

Sources: Current Excess Servicing Spread Acquisition Agreement (Newcastle Investment Corp), Future Spread Agreement for Gnma Mortgage Loans (Newcastle Investment Corp)

No Actions. There have not been commenced or, to the best of SellerPayor’s knowledge, threatened, any action, suit or proceeding which will likely materially and adversely affect the consummation of the transactions contemplated by any Transaction Document.

Appears in 1 contract

Sources: Reference Spread Payment Agreement (GlassBridge Enterprises, Inc.)