Common use of Buyer under Deed of Trust Clause in Contracts

Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b) no fees or expenses are payable to such trustee by Seller, Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Property or related security for the related Purchased Loan.

Appears in 1 contract

Samples: Master Repurchase Agreement (Capital Trust Inc)

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Buyer under Deed of Trust. If To the extent applicable, if any Mortgage is a deed of trust, (a1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.. FINAL VERSION

Appears in 1 contract

Samples: Master Repurchase Agreement (CBRE Realty Finance Inc)

Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Appears in 1 contract

Samples: Master Repurchase Agreement (Anthracite Capital Inc)

Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b2) no fees or expenses are payable to such trustee by Seller, Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Appears in 1 contract

Samples: Master Repurchase Agreement (Ny Credit Corp.)

Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b2) no fees or expenses are payable to such trustee by Seller, Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased LoanUnderlying Asset.

Appears in 1 contract

Samples: Master Repurchase Agreement (American Mortgage Acceptance Co)

Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b) no fees or expenses are payable to such trustee by Seller, Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Property or related security for the related Purchased LoanUnderlying Asset.

Appears in 1 contract

Samples: Master Repurchase Agreement (Capital Trust Inc)

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Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b) no fees or expenses are payable to such trustee by Seller, Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Property or related security for the related Purchased LoanUnderlying Asset.

Appears in 1 contract

Samples: Master Repurchase Agreement (Winthrop Realty Trust)

Buyer under Deed of Trust. If any Mortgage is a deed of trust, ------------------------- (a1) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b2) no fees or expenses are payable to such trustee by the Seller, the Buyer or any transferee thereof except in connection with a trustee's sale after default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property or related security for the related Purchased Loan.

Appears in 1 contract

Samples: Master Repurchase Agreement (LNR Property Corp)

Buyer under Deed of Trust. If any Mortgage is a deed of trust, (a) a trustee, duly qualified under applicable law to serve as such, is properly designated and serving under such Mortgage, and (b) no fees or expenses are payable to such trustee by Seller, Buyer or any transferee thereof except in connection with a trustee's ’s sale after default by the related Mortgagor or in connection with any full or partial release of the related Property or related security for the related Purchased Loan.

Appears in 1 contract

Samples: Bailee Agreement (Capital Trust Inc)

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