Common use of No Commitment Clause in Contracts

No Commitment. The Agreement does not constitute a commitment by Buyer to enter into Transactions under the Agreement. The parties acknowledge that Buyer will enter into Transactions with Seller in Buyer’s sole discretion and subject to satisfaction of all terms and conditions of the Agreement.

Appears in 12 contracts

Sources: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

No Commitment. The Agreement does not constitute a commitment by Buyer to enter into Transactions under the Agreement. The parties acknowledge that Buyer will enter into Transactions with Seller in Buyer’s sole discretion and subject to satisfaction of all a terms and conditions of the Agreement.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement (Guild Holdings Co)

No Commitment. The Agreement does not constitute a commitment by Buyer the Buyers to enter into Transactions under the Agreement. The parties acknowledge that Buyer Buyers will enter into Transactions with Seller Seller, on an uncommitted basis in Buyer’s their sole discretion and subject to satisfaction of all terms and conditions of the Agreement.

Appears in 1 contract

Sources: Master Repurchase Agreement (loanDepot, Inc.)