Common use of REMEDY FOR NON-DELIVERY OF DOCUMENTS Clause in Contracts

REMEDY FOR NON-DELIVERY OF DOCUMENTS. However, anything, to the contrary notwithstanding, in the event that the Seller is required to deliver to the Buyer any documents related to a purchased Loan and the Seller fails to deliver such document in the proper form on the date or within the time period specified by the controlling section of this Agreement, Buyer shall notify the Seller of the breach, and the Seller shall have thirty (30) days from the date of notice to cure the breach. If the Seller has not cured the breach within the thirty (30) days cure period, the Seller shall immediately repurchase the Loan upon Buyer's demand. The Buy-Back Price shall be determined in accordance with Article VI(C). Any Loan returned by the Buyer pursuant to this paragraph shall be without recourse, representation or warranty; however, Buyer represents and warrants to Seller, that Buyer, its affiliates, subsidiaries, servicers, or employees have done nothing to cause the Loan to become uncollectible in whole or in part.

REMEDY FOR NON-DELIVERY OF DOCUMENTS. However, anything, anything to the contrary notwithstanding, in the event that the Seller is required to deliver to the Buyer any documents related to a purchased Loan and the Seller fails to deliver such document in the proper form on the date or within the time period specified by the controlling section of this Agreement, Buyer shall notify the Seller of the breach, breach and the Seller shall have thirty (30) days from the date of notice to cure the breach. If the Seller has not cured the breach within the thirty (30) days day cure period, the Seller shall immediately repurchase the Loan upon the Buyer's demand. The Buy-Back Price shall be determined in accordance with Article VI(Csubsection (c). Any Loan loan returned by the Buyer pursuant to this paragraph shall be without recourse, representation or warranty; however, Buyer represents and warrants to Seller, that Buyer, its affiliates, subsidiaries, servicers, or employees have done nothing to cause the Loan to become uncollectible in whole or in part.