Ownership; Security Interest. The Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets free of any adverse claim, liens and rights of others (other than as granted herein), and, in either case, such condition is not cured by Seller within three (3) Business Days after the earlier of receipt of notice thereof from Buyer or Seller obtaining Knowledge thereof.
Appears in 3 contracts
Sources: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)
Ownership; Security Interest. The If the Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets Asset free of any adverse claim, claim liens and rights of others (other than as granted herein), and, in either case, such condition is not cured by Seller within three one (31) Business Days Day after the earlier of receipt of notice thereof from Buyer or Seller obtaining Knowledge thereof.
Appears in 2 contracts
Sources: Master Repurchase Agreement, Master Repurchase Agreement (Colony NorthStar Credit Real Estate, Inc.)
Ownership; Security Interest. The Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets free of any adverse claim, liens and rights of others (other than as granted herein), and, in either case, such condition is not cured by Seller within three one (31) Business Days Day after the earlier of receipt of written notice thereof from Buyer (which notice may be sent by electronic mail) or Seller obtaining Knowledge thereof.. 4918-1599-2897v.6
Appears in 1 contract
Sources: Master Repurchase Agreement (Principal Credit Real Estate Income Trust)
Ownership; Security Interest. The Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets free of any adverse claim, liens and rights of others (other than as granted herein), and, in either case, such condition is not cured by Seller within three one (31) Business Days Day after the earlier of receipt of written notice thereof from Buyer or Seller first obtaining Knowledge thereof.
Appears in 1 contract
Sources: Master Repurchase Agreement (AB Commercial Real Estate Private Debt Fund, LLC)
Ownership; Security Interest. The Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets free of any adverse claim, liens and rights of others (other than as granted herein), and, in either 4931-3517-6718v.7 case, such condition is not cured by Seller within three (3) Business Days after the earlier of receipt of notice thereof from Buyer or Seller obtaining Knowledge thereof.
Appears in 1 contract
Sources: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.)
Ownership; Security Interest. The If the Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse 4866-0343-1908v.212 claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets Asset free of any adverse claim, claim liens and rights of others (other than as granted herein), and, in either case, such condition is not cured by Seller within three one (31) Business Days Day after the earlier of receipt of notice thereof from Buyer or Seller obtaining Knowledge thereof.
Appears in 1 contract
Sources: Master Repurchase Agreement (BrightSpire Capital, Inc.)
Ownership; Security Interest. The Transaction Documents shall for any reason not cause, or shall cease to cause, Buyer to be the owner free of any adverse claim of any of the Purchased Assets or if a Transaction is recharacterized as a secured financing, a secured party with respect to the related Purchased Assets free of any adverse claim, liens and rights of others (other than as granted herein), and, in either case, such condition is not cured by Seller within three one (31) Business Days Day after the earlier of receipt of notice thereof from Buyer or Seller obtaining Knowledge thereof.
Appears in 1 contract
Sources: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)