Alternative Agreements. If an Investor chooses not to exercise its repurchase rights and instead proposes a risk fee or repurchase alternative agreement (each a “Repurchase Alternative Agreement”) which the Purchaser and the Seller deem acceptable in good faith, the Seller shall reimburse Purchaser for any costs, fees or expenses incurred by the Purchaser arising under such Repurchase Alternative Agreement and the Seller shall indemnify, defend and hold the Purchaser harmless for any and all Losses incurred by the Purchaser that arise out of, relate to, or otherwise result from a Repurchase Alternative Agreement. To the extent that an Investor ultimately requires the Purchaser to repurchase any Mortgage Loan subject to a Repurchase Alternative Agreement, the Seller will repurchase such Mortgage Loan from the Purchaser in accordance with this Section 8.03 subject to the Seller’s right to defend such repurchase claim under Section 8.03(b). Within five (5) Business Days of such repurchase of a Mortgage Loan, the Seller shall also pay to the Purchaser without duplication, the Servicing Rights Repurchase Price for the related Servicing Rights. Upon the completion of the repurchase of a Mortgage Loan by the Seller, the Seller shall cooperate with the Purchaser to promptly transfer the ownership and servicing of such Mortgage Loan to the Seller.
Alternative Agreements. (1) A distributor and a trader may enter into a distribution agreement on terms that differ from the terms set out in the distributor's default distributor agreement (an "alternative agreement").
Alternative Agreements. (a) Sellers shall duly perform and comply with the obligations under the Contract listed in Schedule 1I(1)(a) as such obligations relate to the Markets, notwithstanding the assumption of the Assumed Strategic Agreement Obligations by Purchaser; and (b) prior to the Closing, Sellers shall have delivered written evidence of properly given notice by Sellers under the Contract listed in Schedule 1I(1)(b) in accordance with the terms thereof of deletion of the Markets from such Contract. Effective as of the Closing, Sellers shall have deleted the Markets from the Contracts listed in Schedule 1I(1)(b), pursuant to Section 4.5 thereof.
Alternative Agreements. If an Investor chooses not to exercise its repurchase rights and instead proposes a risk fee or repurchase alternative agreement (each a “Repurchase Alternative Agreement”) which Purchaser and Seller deem acceptable in good faith, Seller shall reimburse Purchaser for any out-of-pocket costs or expenses, fees incurred by Purchaser arising under such Repurchase Alternative Agreement relating to Seller’s indemnification obligations in this Agreement and Seller shall indemnify, defend and hold Purchaser harmless for any and all additional Losses incurred by Purchaser that arise out of, relate to, or otherwise result from a Repurchase Alternative Agreement.
