CURE, REPURCHASE, AND INDEMNITY OBLIGATIONS OF THE SELLER Sample Clauses

CURE, REPURCHASE, AND INDEMNITY OBLIGATIONS OF THE SELLER. Each of the representations and warranties contained in or required to be made pursuant to Section 2 shall survive the transfer of the Mortgage Loans to the Trustee and shall continue in full force and effect, notwithstanding any restrictive or qualified endorsement on the mortgage notes and notwithstanding subsequent termination of the related Standard Terms Agreement, this Certificate or the Pooling and Servicing Agreement. The representations, warranties and covenants contained herein shall not be impaired by any review or examination of the Mortgage Files or other documents evidencing or relating to the Mortgage Loans by the Depositor, its affiliates or agents or any failure on the part of the Depositor, its affiliates or agents to review or examine such documents, and shall inure to the benefit of any transferee of the Mortgage Loans from the Depositor including, without limitation, the Trustee for the benefit of holders of the Certificates. Within 90 days of the earlier of discovery by the Seller or receipt of notice of a breach of any of the representations and warranties of the Seller set forth in or required to be made pursuant to Section 2 which materially and adversely affects the interests of the Depositor or the Certificateholders or any other transferee in any Mortgage Loan, the Seller shall, not later than 90 days after its receipt of notice of such defect, (i) cure such breach in all material respects, or (ii) repurchase the related Mortgage Loan if such defect cannot be corrected or cured at a price equal to the sum of (a) 100% of the outstanding principal balance thereof, (b) unpaid accrued interest thereon from the due date to which interest was last paid by the mortgagor to the first day of the month following the month of repurchase at a rate equal to the related mortgage rate, (c) all amounts advanced by the Master Servicer on the Mortgage Loan and not reimbursed, and (d) all expenses reasonably incurred or to be incurred by the Depositor, the Master Servicer or the Trustee in respect of the breach or defect giving rise to the repurchase obligation, including any expenses in connection with servicing a Mortgage Loan that has gone into default and which subsequently is determined to be eligible for repurchase or arising out of the enforcement of the repurchase obligation (the "Repurchase Price"), or (iii) substitute a Qualified Substitute Mortgage Loan in place of such Deleted Mortgage Loan in accordance with Section 2.04 of the Poolin...
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Related to CURE, REPURCHASE, AND INDEMNITY OBLIGATIONS OF THE SELLER

  • Conditions to the Obligations of the Sellers Each and every obligation of the Sellers under this Agreement shall be subject to the satisfaction, on or before the Closing Date, of each of the following conditions unless waived in writing by the Sellers:

  • Conditions to the Obligations of the Seller The obligation of the Seller to consummate the transactions contemplated by this Agreement is subject to the satisfaction on or prior to the Closing Date of each of the following conditions, unless waived in writing by the Seller:

  • Conditions to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Obligations of the Seller The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2018-A Exchange Note or any 2018-A Lease or 2018-A Vehicle allocated to the 2018-A Reference Pool.

  • Conditions Precedent to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Seller in whole or in part to the extent permitted by applicable law):

  • Conditions to Obligations of the Purchaser The obligations of the Purchaser to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Sellers in whole or in part to the extent permitted by applicable law):

  • Conditions Precedent to the Obligations of the Seller The obligations of the Seller to consummate this Agreement and the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing Date, of the following conditions (any one or more of which may be waived in whole or in part by the Seller):

  • Obligations of the Purchaser In connection with the registration of the Registrable Securities, the Purchaser shall have the following obligations:

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