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Common use of Termination Upon Occurrence of Disqualifier Clause in Contracts

Termination Upon Occurrence of Disqualifier. If any Disqualifier occurs in respect of a Purchased Loan, the Seller shall immediately repurchase such Purchased Loan in accordance with this Section 3.

Appears in 9 contracts

Sources: Master Repurchase Agreement (M.D.C. Holdings, Inc.), Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)

Related Clauses

  • Transfer of Collateral upon Occurrence of Termination Event
  • Termination Upon Breach
  • Termination Upon Notice
  • Termination Upon a Change in Control
  • Termination upon Material Breach

Parent Clauses

  • Transaction Termination Purchase Price Decrease
  • Optional Reduction or Termination of Buyers’ Commitments
  • Optional Termination, Reduction and Increase of Buyers’ Commitments
  • Initiation Request Confirmation Termination
  • Initiation Termination

Sub-Clauses

  • How Terminations Will Be Effected
  • Purchase Price Decrease
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