Ordinary Course Transaction Sample Clauses
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Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Seller, and neither the sale, transfer, assignment and conveyance of Mortgage Loans to Buyer nor the pledge, assignment, transfer and granting of a security interest to Buyer in the Mortgage Assets, by Seller pursuant to this Agreement is subject to the bulk transfer or any similar Requirement of Law in effect in any applicable jurisdiction.
Ordinary Course Transaction. Performance of Guarantor’s obligations under this Guaranty is in the ordinary course of Guarantor’s business.
Ordinary Course Transaction. The consummation of the transactions contemplated by the Master Agreement or any other Program Document are in the ordinary course of business of the PFI, and the sale, transfer, assignment and conveyance of Mortgages and the related Servicing rights, by the PFI pursuant to the Master Agreement or other Program Documents are not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.
Ordinary Course Transaction. The consummation of the transactions contemplated by this Master Agreement or any other Program Document are in the ordinary course of business of the Seller, and the sale, transfer, assignment, and conveyance of Mortgages and the related Servicing rights, by the Seller pursuant to this Master Agreement or other Program Documents are not subject to the bulk transfer laws or any similar statutory provisions in effect in any applicable jurisdiction.
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Countrywide, and the transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by Countrywide pursuant to this Agreement are not subject to the bulk transfer or any similar statutory provisions;
Ordinary Course Transaction. The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of Servicer.