Additional Closing Conditions. a. The maximum number of permitted investors in the Mortgage Loans at any one time shall be four. b. In addition to the foregoing and to the conditions specified in the Agreement, the obligation of each of the Sellers and the Purchaser is subject to the fulfillment, on or prior to the relevant Closing Date, of the following additional conditions: No more than one percent (1%) of the Aggregate Principal Balance of the Mortgage Loans shall be subject to lost note affidavits.
Appears in 4 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Banc of America Funding 2006-5 Trust), Mortgage Loan Purchase and Sale Agreement (Banc of America Funding Corp), Mortgage Loan Purchase and Sale Agreement (Banc of America Funding 2006-6 Trust)
