Loan Purchase and Sale Agreement definition

Loan Purchase and Sale Agreement. The Loan Purchase and Sale Agreement, dated as of December 15, 2000, between MLCC and Cendant, pursuant to which MLCC shall service and administer the Additional Collateral.
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Loan Purchase and Sale Agreement means that certain Loan Purchase and Sale Agreement, dated as of December 15, 2000, between Servicer and Subservicer, as the same may be amended from time to time in accordance with the terms thereof.
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Loan Purchase and Sale Agreement means the Loan Purchase and Sale Agreement, dated August August 23, 2023, by and between Buyer and Seller.
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Examples of Loan Purchase and Sale Agreement in a sentence

  • Upon such substitution, such Replacement Mortgage Loan shall constitute part of the Trust Fund and shall be subject in all respects to the terms of this Agreement and the Mortgage Loan Purchase and Sale Agreement, including all representations and warranties thereof included in the Mortgage Loan Purchase and Sale Agreement, in each case as of the date of substitution.

  • It is understood and agreed that such representations and warranties set forth in Section 2(b) and 2(d) of the Mortgage Loan Purchase and Sale Agreement shall survive delivery of the Trustee Mortgage Files and the Assignment of Mortgage of each Mortgage Loan to the Trustee and shall continue throughout the term of this Agreement.

  • In connection with any such action described in this Section 2.05(a)(i), the Trustee shall seek reimbursement for its fees, costs and expenses from the applicable Originator under the terms of the related Purchase Agreement or from the Seller under the terms of the Mortgage Loan Purchase and Sale Agreement if directed to do so by the Certificateholders that provided such funds to the Trustee pursuant to the agreement described in clause (2) above.

  • All covenants and agreements made by the Seller in the Mortgage Loan Purchase and Sale Agreement and in this Agreement and by the Depositor, the Master Servicer, the Securities Administrator and the Trustee herein, with respect to the Mortgage Loans and the other property constituting the Trust Fund, are for the benefit of the Holders from time to time of the Certificates.

  • All covenants and agreements made by the Seller in the Mortgage Loan Purchase and Sale Agreement, each Purchase Agreement, each Servicing Agreement and in this Agreement and by the Depositor, the Master Servicer, the Securities Administrator and the Trustee herein, with respect to the Mortgage Loans and the other property constituting the Trust Fund, are for the benefit of the Holders from time to time of the Certificates.

  • It is understood and agreed that the representations and warranties set forth in Section 2 of the Mortgage Loan Purchase and Sale Agreement shall survive delivery of the Trustee Mortgage Files and the sale and assignment of each Mortgage Loan to the Trustee and shall continue throughout the term of this Agreement.

  • It is understood and agreed that the representations and warranties set forth in Section 2 of the Mortgage Loan Purchase and Sale Agreement shall survive delivery of the Trustee Mortgage Files and the Trustee Credit Files and the sale and assignment of each Mortgage Loan to the Trustee and shall continue throughout the term of this Agreement.

  • The Operating Partnership closed on the Loan Purchase and Sale Agreement on March 5, 1997, purchasing the RC Note.

  • In addition, in cases of misrepresentation or any breaches in representation, warranty, or covenant, CBC Mortgage Agency reserves the right to pursue any and all remedies to which CBC Mortgage Agency may be entitled, in accordance with the Loan Purchase and Sale Agreement.

  • With respect to any Additional Collateral Loan, as defined in the Mortgage Loan Purchase and Sale Agreement.


More Definitions of Loan Purchase and Sale Agreement

Loan Purchase and Sale Agreement means a Loan Purchase and Sale Agreement substantially in the form of the agreement attached hereto as Annex C, and the associated Custodial and Escrow Agreement, Assignment, and such other documents deemed necessary by the parties to such Loan Purchase and Sale Agreement in order to effectuate the Transfers as contemplated by such Loan Purchase and Sale Agreement.
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Loan Purchase and Sale Agreement. The Loan Purchase and Sale Agreement, dated as of _________________, between MLCC and the Master Servicer, pursuant to which MLCC shall be responsible for servicing and administering the Additional Collateral.
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Related to Loan Purchase and Sale Agreement

  • Purchase and Sale Agreement means the Purchase and Sale Agreement, dated as of the Closing Date, among the Servicer, the Originators and the Borrower, as such agreement may be amended, supplemented or otherwise modified from time to time.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Loan Sale Agreement means the Commercial Loan Sale Agreement, dated as of the date hereof, between the Originator and the Trust Depositor, as such agreement may be amended, modified, waived, supplemented or restated from time to time.

  • Sale Agreement means the Sale Agreement Master Securitization Terms Number 1000, dated as of August 15, 2013, among SLM Funding LLC, as Seller, SLM Student Loan Trust 2013-4, as Purchaser, and Deutsche Bank Trust Company Americas, as Interim Eligible Lender Trustee and as Eligible Lender Trustee.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

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