All the Indebtedness in excess of $[***] that is presently in place and/otherwise outstanding is listed on
(n) Arranged Indebtedness. Agenda step three hereto, as amended from time to time pursuant to the monthly Compliance Certificate (the ?Scheduled Indebtedness?) and no defaults or events of default exist thereunder, which default or event of default entitles any party to require acceleration or prepayment of any Indebtedness thereunder. Seller shall give Buyer prompt notification if any Scheduled Indebtedness that is a repurchase agreement, warehouse facility or similar credit facility (in each case providing mortgage warehouse financing) or that is a servicing advance facility provides more favorable terms to the buyer with respect to any financial covenants covering the same or similar subject matter as the Financial Condition Covenants.
(w) . When it comes to for each and every Company Acceptance also to the brand new the total amount in the past approved, Seller is during an excellent condition, and no experiences that have taken place or you to definitely Seller reasonably thinks you are going to lead to, also, versus restrict, a general change in insurance which could possibly generate Provider incapable in order to adhere to the fresh eligibility requirements to own keeping every like appropriate otherwise need notification into related Institution.
Service Approvals
(c)(i)(C) one low-frivolous and legitimate legal actions or continuing that’s pending otherwise endangered written down (a) against Provider where the count inside exceeds the fresh Legal actions Threshold that’s maybe not protected by insurance, where injunctive or similar save are looked for, otherwise and this, perform relatively be expected getting a content Negative Perception, (b) in connection with the Repurchase Assets, and this, in the event that negatively computed, create reasonably be anticipated having a material Bad Impression and (c) that questions otherwise demands compliance of every Mortgage with the Capability to Pay Laws or QM Rule;