Common use of Closing Date Actions Clause in Contracts

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden Lane, New York, New York 10038, or xxxx xxxxx loxxxxon as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest).

Appears in 5 contracts

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C5), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C5), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C5)

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Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 5 contracts

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2006-C1), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert Series 2005-C5), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert Series 2005-C5)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert 2005 C3), Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust 2007-C3), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert 2005 C3)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest).

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2005-C1), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2005-C1), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2005 C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft LLPXxxx, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to [____%] of the amount that aggregate outstanding principal balance of the Depositor and Mortgage Loans, after giving effect to any scheduled monthly payments due on or prior to the Seller have mutually agreed upon (which amount includesCut-off Date, without limitation, plus accrued interest)interest at the weighted average Mortgage Rate from the Cut-off Date to but not including the Closing Date.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Fir Bos Mo Sec Corp Cm Mt Ps Th CRT Sr 2000-C1), Mortgage Loan Purchase Agreement (Credit Suisse Fir Bos Mo Sec Corp Cm Mt Ps Th CRT Sr 2000-C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden Lane, New York, New York 10038, or xxxx xxxxx loxxxxon as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have price mutually agreed upon (which amount includes, without limitation, accrued interest)as such in writing between Depositor and Seller.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C4), Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "ClosingCLOSING") shall take place at the offices of Cadwalader, Wickersham Sidley Xxxxxx Xxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxxx Xxxxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)) payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase PriceMORTGAGE LOAN PURCHASE PRICE" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon SBRC $259,004,635.00 (which amount includes, without limitation, accrued interest). (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Underwriters shall purchase from Depositor, the Publicly Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (iv) The Underwriters will offer the Publicly Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Private Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Cert Ser 2002 Cks4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "ClosingCLOSING") shall take place at the offices of Cadwalader, Wickersham Sidley Xxxxxx Xxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxxx Xxxxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as Date. The "MORTGAGE LOAN PURCHASE PRICE" shall be the price mutually acceptable to agreed upon as such in writing between Depositor and Seller). The "Mortgage Loan Purchase Price" paid by . (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall be equal sell all of its right, title and interest in and to the amount that Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Seller have mutually agreed upon Underwriters shall purchase from Depositor, the Publicly Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)iv) The Underwriters will offer the Publicly Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Private Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert 2005-C2)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx such xxxxx loxxxxon as xxxatixx xs xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to $____________. In addition, for no consideration other than the amount that the Depositor and Mortgage Loan Purchase Price, the Seller have mutually agreed upon (which amount includesshall acquire, without limitationor cause a nominee to acquire, accrued interest)Seller's proportionate share of the residual Certificates under the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert 2005 C3)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters Underwriter pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of CadwaladerAndrxxx & Xurtx X.X.P., Wickersham & Taft LLP425 Xxxxxxxxx Xxxxxx, 100 Maiden LaneXxx Xxxx, New YorkXxx Xxxx 00000, New York 10038, or xxxx xxxxx loxxxxon xx such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage 5 Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" Price paid by Depositor shall be equal to an amount consisting of the amount that gross proceeds from the sale of the Certificates less the portion of the gross proceeds allocated by the Underwriter to the Mortgage Loans sold to the Depositor by Goldxxx Xxxhx Xxxtgage Company ("GSMC") and transferred to the Trust Fund by the Depositor plus accrued interest at a per annum rate equal to the weighted average net rate of interest payable with respect to the Mortgage Loans for the period from and including June 9, 1997 up to, but not including, July 8, 1997, less underwriting commissions, transaction expenses and other adjustments, such amount to be mutually agreed to by the parties hereto in a separate writing. (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the holders of the Certificates. (iii) GSMC shall sell to Depositor, and Depositor shall purchase from GSMC certain mortgage loans pursuant to a Mortgage Loan Purchase Agreement of even date herewith and Depositor shall sell all of its right, title and interest in such mortgage loans to the Trustee for the benefit of holders of the Certificates. (iv) Depositor shall sell to the Underwriter, and the Seller have mutually agreed upon Underwriter shall purchase from Depositor, the Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)v) The Underwriter will offer the Offered Certificates for sale to the public utilizing the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place the Private Certificates.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Amresco Commercial Mortgage Funding I Corp)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest)$94,096,925.44.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2003-C5)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest). Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2006-C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "ClosingCLOSING") shall take place at the offices of Cadwalader, Wickersham Sidley Xxxxxx Xxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxxx Xxxxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)) payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase PriceMORTGAGE LOAN PURCHASE PRICE" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon $213,751,734.25 (which amount includes, without limitation, accrued interest). (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Underwriters shall purchase from Depositor, the Publicly Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (iv) The Underwriters will offer the Publicly Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Private Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Cert Ser 2002 Cks4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Sidley Austin Brown & Taft Wood LLP, 100 Maiden Lane787 Seventh Avenue, New York, New York 1003810000, or xx xxxx xxxxx loxxxxon as othxx xocatiox xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Com Mort Pas THR Certs Ser 2003 C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx such xxxxx loxxxxon as xxxatixx xs xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to $229,776,711. (ii) Pursuant to the amount that terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Seller have mutually agreed upon Underwriters shall purchase from Depositor, the Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)iv) The Underwriters will offer the Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Cert Ser 2002 Ckp1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "ClosingCLOSING") shall take place at the offices of Cadwalader, Wickersham Sidley Xxxxxx Xxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxxx Xxxxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)) payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase PriceMORTGAGE LOAN PURCHASE PRICE" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon $760,824,676.81 (which amount includes, without limitation, accrued interest). (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Underwriters shall purchase from Depositor, the Publicly Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (iv) The Underwriters will offer the Publicly Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Private Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Cert Ser 2002 Cks4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 10038Yorx 00000, or xxxx xxxxx loxxxxon as xr sxxx other xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates set forth in the Closing Statement (which amount includes, without limitation, accrued interest). Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee (for the benefit of the Holders of the Certificates.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust, Series 2007-C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 10038Yorx 00000, or xxxx xxxxx loxxxxon as xr sxxx other xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2006-C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Sidley Austin Brown & Taft Wood LLP, 100 Maiden Lane787 Sevxxxx Xxxxxx, New YorkNex Xxrk, New York 10038Nex Xxxx 00000, or xx xxxx xxxxx loxxxxon as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxxxxxxxxx xx xxxxed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the "Net Securitization Proceeds/Fees" under "KeyBank Share" in the settlement statement (which amount includes, without limitation, accrued interestinterest and is less those costs and expenses to be paid by the Seller, including those expenses to be paid pursuant to Section 12 hereof).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Com Mort Pas THR Certs Ser 2003 C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx such xxxxx loxxxxon as xxxatixx xs xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to $268,334,969.73. (ii) Pursuant to the amount that terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Seller have mutually agreed upon Underwriters shall purchase from Depositor, the Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)iv) The Underwriters will offer the Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx suxx xxxxx loxxxxon as xocaxxxx ax xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to $240,565,205.64. In addition, for no consideration other than the amount that Mortgage Loan Purchase Price, the Seller shall acquire, or cause a nominee to acquire, Seller's proportionate share of the residual Certificates under the Pooling and Servicing Agreement. (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Seller have mutually agreed upon Underwriters shall purchase from Depositor, the Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)iv) The Underwriters will offer the Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to DepositorPurchaser, and Depositor Purchaser shall purchase from Seller, subject to the continued servicing of the Mortgage Loans by Servicer, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Purchaser by Seller; provided, however, that Seller expressly hereby retains and does not transfer to Purchaser the Retained Interest. The Mortgage Loan Purchase Price shall be paid by Depositor Purchaser to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor Purchaser shall be equal to the amount that the Depositor Purchaser and the Seller have mutually agreed upon as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert Series 2005-C5)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 10038Yorx 00000, or xxxx xxxxx loxxxxon as xr sxxx other xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2006-C2)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx such xxxxx loxxxxon as xxxatixx xs xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to $502,680,289. In addition, for no consideration other than the amount that the Depositor and Mortgage Loan Purchase Price, the Seller have mutually agreed upon (which amount includesshall acquire, without limitationor cause a nominee to acquire, accrued interest)Seller's proportionate share of the residual Certificates under the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Cert Ser 2002 Ckp1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Sidley Xxxxxx Xxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxxx Xxxxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the "Net Securitization Proceeds/Fees" under the heading "PNC Bank Share" in the Closing Statement (which amount includes, without limitation, accrued interestinterest and is less those costs and expenses to be paid by Seller, including those expenses to be paid pursuant to Section 12 hereof).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Certs Sers 2004 C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden Lane, New York, New York 10038, or xxxx xxxxx loxxxxon as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon $182,933,436.04 (which amount includes, without limitation, accrued interestinterest and is net of certain transaction expenses agreed to between the Seller and the Depositor as set forth on the Closing Statement). (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Underwriters shall purchase from Depositor, the Publicly Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (iv) The Underwriters will offer the Publicly Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Private Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft LLPXxxx, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to 98.5142% of the amount that aggregate outstanding principal balance of the Mortgage Loans, after giving effect to any scheduled monthly payments due on or prior to the Cut-off Date, plus accrued interest at the weighted average Mortgage Rate from the Cut-off Date to but not including the Closing Date. (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Seller have mutually agreed upon Underwriters shall purchase from Depositor, the Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)iv) The Underwriters will offer the Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mort Pass THR Cert Ser 1999 C1)

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Closing Date Actions. The sale of the Mortgage Loans Loan shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans Loan into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden Lane, New York, New York 10038, or xxxx xxxxx loxxxxon as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans Loan pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2004 C5)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft Xxxx LLP, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest)$277,204,825.71.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2003-C5)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser Purchasers pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft Xxxx LLP, 100 Maiden LaneXxx Xxxxx Xxxxxxxxx Xxxxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "ClosingCLOSING") shall take place at the offices of Cadwalader, Wickersham Sidley Austin Brown & Taft Wood LLP, 100 Maiden Lane787 Seventh Avenue, New York, New York 1003810019, or xx xxxx xxxxx loxxxxon as xxxer xxxxtion ax xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn Xx the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as Date. The "MORTGAGE LOAN PURCHASE PRICE" shall be the price mutually acceptable to agreed upon as such in writing between Depositor and Seller). The "Mortgage Loan Purchase Price" paid by . (ii) Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall be equal sell all of its right, title and interest in and to the amount that Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates. (iii) Depositor shall sell to the Underwriters, and the Seller have mutually agreed upon Underwriters shall purchase from Depositor, the Publicly Offered Certificates pursuant to the Underwriting Agreement, and Depositor shall sell to the Initial Purchaser, and the Initial Purchaser shall purchase from Depositor, the Private Certificates pursuant to the Certificate Purchase Agreement. (which amount includes, without limitation, accrued interest)iv) The Underwriters will offer the Publicly Offered Certificates for sale to the public pursuant to the Prospectus and the Prospectus Supplement and the Initial Purchaser will privately place certain classes of the Private Certificates pursuant to the Offering Circular.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert 2005-C2)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Sidley Austin Brown & Taft Wood LLP, 100 Maiden Lane787 Seventx Xxxxxx, Xxw Yxxx, New YorkYxxx 00000, New York 10038, or xx xxxx xxxxx loxxxxon as xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxupon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the "Net Securitization Proceeds/Fees" under the heading "NCB, FSB Share" in the Closing Statement (which amount includes, without limitation, accrued interestinterest and is less those costs and expenses to be paid by Seller, including those expenses to be paid pursuant to Section 12 hereof).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Certs Sers 2004 C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Certs Ser 2005 C4)

Closing Date Actions. The sale of the Mortgage Loans Loan shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans Loan into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 10038Yorx 00000, or xxxx xxxxx loxxxxon as xr sxxx other xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans Loan pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2006-C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Fxxxxxxxx Xentxx, New YorkYoxx, New York 10038Xxx Xxxx 00000, or xx xxxx xxxxx loxxxxon as xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxupon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2007-C5)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx such xxxxx loxxxxon as xxxatixx xs xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest)$966,716,886.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Closing Date Actions. The sale of the Subject Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Subject Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft LLPXxxx, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Subject Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to an amount determined in accordance with the amount that Letter of Understanding dated November 3, 1999 by and among Xxxxxx Xxxxxxx & Co. Incorporated, Xxxxxx Xxxxxxx Mortgage Capital Inc., Credit Suisse First Boston Mortgage Capital LLC and Credit Suisse First Boston Corporation (the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest"Letter of Understanding").

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mort Pass THR Cert Ser 1999 C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 10038Yorx 00000, or xxxx xxxxx loxxxxon as xr sxxx other xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan Purchase Price shall be paid by Depositor to Seller by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller). The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust 2007-C3)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 10038Yorx 00000, or xxxx xxxxx loxxxxon as xr sxxx other xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon as the Seller's share of the net securitization proceeds from the sale of the Publicly Offered Certificates and the Private Certificates as set forth in the Closing Statement (which amount includes, without limitation, accrued interest). Pursuant to the terms of the Pooling and Servicing Agreement, Depositor shall sell all of its right, title and interest in and to the Mortgage Loans to the Trustee for the benefit of the Holders of the Certificates.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Commercial Mortgage Trust Series 2006-C4)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft LLPXxxx, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest)$260,582,609.74.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Cert Ser 2002 Ckp1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Sidley Austin Brown & Taft Wood LLP, 100 Maiden Lane787 Sevenxx Xxxxxx, Xew Xxxx, New YorkXxxx 00000, New York 10038, or xx xxxx xxxxx loxxxxon as xxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxupon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon $90,136,305.17 (which amount includes, without limitation, accrued interest.).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mort Sec Corp Comm Mort Pas THR Certs Sers 2004 C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx suxx xxxxx loxxxxon as xocaxxxx ax xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to $925,867,935. In addition, for no consideration other than the amount that the Depositor and Mortgage Loan Purchase Price, the Seller have mutually agreed upon (which amount includesshall acquire, without limitationor cause a nominee to acquire, accrued interest)Seller's proportionate share of the residual Certificates under the Pooling and Servicing Agreement.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLP, 100 Maiden LaneOne World Financial Center, New York, New York 1003800000, or xxxx xxxxx loxxxxon as xx suxx xther lxxxxxxx xx xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to DepositorPurchaser, and Depositor Purchaser shall purchase from Seller, on a servicing retained basis, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Purchaser by Seller; provided, however, that Seller expressly hereby retains and does not transfer to Purchaser the Retained Interest. The Mortgage Loan Purchase Price shall be paid by Depositor Purchaser to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor Purchaser shall be equal to the amount that the Depositor Purchaser and the Seller have mutually agreed upon as set forth in the Closing Statement (which amount includes, without limitation, accrued interest).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Commercial Mort Pass THR Cert Series 2005-C5)

Closing Date Actions. The sale of the Subject Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Subject Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser Purchasers pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham Xxxxxxxxxx & Taft LLPXxxx, 100 Maiden Lane000 Xxxxxx Xxxx, New YorkXxx Xxxx, New York 10038Xxx Xxxx 00000, or xxxx xxxxx loxxxxon such other location as xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxxagreed upon between the parties hereto. Xn On the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Subject Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to an amount determined in accordance with the amount that Letter of Understanding dated July [__], 2000 by and among Xxxxxx Xxxxxxx & Co. Incorporated, Xxxxxx Xxxxxxx Xxxx Xxxxxx Mortgage Capital Inc., Credit Suisse First Boston Mortgage Capital LLC and Credit Suisse First Boston Corporation (the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest"Letter of Understanding").

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse Fir Bos Mo Sec Corp Cm Mt Ps Th CRT Sr 2000-C1)

Closing Date Actions. The sale of the Mortgage Loans shall take place on the Closing Date, subject to and simultaneously with the deposit of the Mortgage Loans into the Trust Fund, the issuance of the Certificates and the sale of (a) the Publicly Offered Certificates by Depositor to the Underwriters pursuant to the Underwriting Agreement and (b) the Private Certificates by Depositor to the Initial Purchaser pursuant to the Certificate Purchase Agreement. The closing (the "Closing") shall take place at the offices of Cadwalader, Wickersham & Taft LLPTaft, 100 Maiden Lane, New York, New York 10038, or xxxx such xxxxx loxxxxon as xxxatixx xs xxxxxx xxxx xxxxxxx xxx xxxxxxx xxxxxx. Xn the Closing Date, the following actions shall take place in sequential order on the terms set forth herein: (i) Seller shall sell to Depositor, and Depositor shall purchase from Seller, the Mortgage Loans pursuant to this Agreement for the Mortgage Loan Purchase Price (as defined herein)payable in accordance with instructions previously provided to Depositor by Seller. The Mortgage Loan Purchase Price (as defined herein) shall be paid by Depositor to Seller or at its direction by wire transfer in immediately available funds to an account designated by Seller on or prior to the Closing Date (or, by such other method as shall be mutually acceptable to Depositor and Seller)Date. The "Mortgage Loan Purchase Price" paid by Depositor shall be equal to the amount that the Depositor and the Seller have mutually agreed upon (which amount includes, without limitation, accrued interest)$134,919,390.06.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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