Common use of Examination of Mortgage Loan Documents Clause in Contracts

Examination of Mortgage Loan Documents. Prior to the Closing Date, the Company shall deliver the Mortgage Loan Documents included in the Mortgage Loan File to the Custodian. The Purchaser or a designee may review the Mortgage Loan Documents to verify that the documents required to be included in each Mortgage Loan File are available. If a Mortgage Loan File is incomplete or defective or a Mortgage Loan does not conform to the requirements of this Agreement and such omissions or defects cannot be cured prior to the Closing Date, the Mortgage Loan shall be deleted from the Mortgage Loan Schedule. If deleted, the Mortgage Loan may be replaced, up to one Business Day prior to the Closing Date, by one or more substitute Mortgage Loans which satisfy the criteria set forth in of this Agreement.

Appears in 17 contracts

Samples: Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pa THR Ce Ser 2001-18a), Warranties and Servicing Agreement (Structured Asset Securities Corp), Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pa THR Ce Ser 2001-18a)

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