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Common use of No Trigger Event Clause in Contracts

No Trigger Event. There exists no Trigger Event under Section 6.01 hereof, under any mortgage, borrowing agreement or other instrument or agreement pertaining to indebtedness for borrowed money or to the repurchase of mortgage loans or securities.

Appears in 3 contracts

Sources: Security and Subordination Agreement (PennyMac Mortgage Investment Trust), Security and Subordination Agreement (PennyMac Mortgage Investment Trust), Security and Subordination Agreement (PennyMac Mortgage Investment Trust)

Related Clauses

  • Trigger Event
  • Trigger Events
  • Change of Control Triggering Event
  • Ratings Event
  • Flip-in Event

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES
  • Representations and Warranties of Will▇▇▇▇ ▇▇▇h respect to the Share Trust
  • Representations Warranties and Covenants of the Company
  • Closing Conditions
  • Conditions to the Purchaser’s Obligations at Initial Closing and Each Other Closing of a Purchase Under the Initial Tranche
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