Common use of Fair Consideration Clause in Contracts

Fair Consideration. The consideration to be received by Seller upon the sale of the Loans under this Agreement constitutes fair consideration and reasonably equivalent value therefor.

Appears in 6 contracts

Samples: Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement

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Fair Consideration. The consideration to be received by the Seller upon the sale of the Eligible Loans under this Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Eligible Loans.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (PHH Corp), Mortgage Loan Purchase and Servicing Agreement (PHH Corp)

Fair Consideration. The consideration to be received by Seller upon the sale of the Loans under this Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Loans.

Appears in 2 contracts

Samples: Loan Purchase and Sale Agreement (Eagle Financial Services Inc), Loan Purchase Agreement (Westmark Group Holdings Inc)

Fair Consideration. The consideration to be received by the Additional Seller upon the sale of the Eligible Loans under this Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Eligible Loans.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (PHH Corp), Mortgage Loan Purchase and Servicing Agreement (PHH Corp)

Fair Consideration. The consideration to be received by the Seller upon the sale of the Mortgage Loans under this Agreement constitutes shall constitute fair consideration and reasonably equivalent value thereforfor the Mortgage Loans.

Appears in 2 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-I Trust), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-8t2 Trust)

Fair Consideration. The consideration to be received by Seller upon the sale of the Loans in connection with each Transaction under this Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Eligible Mortgage Loans.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PHH Corp), Master Repurchase Agreement (PHH Corp)

Fair Consideration. The consideration to be received by the Seller upon in connection with the sale of the Mortgage Loans under this Purchase Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Mortgage Loans.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)

Fair Consideration. The consideration to be received by the Seller upon in connection with the sale of the Mortgage Loans under this Mortgage Loan Purchase and Servicing Agreement constitutes fair consideration and reasonably equivalent value thereforfor such Mortgage Loans.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Accredited Home Lenders Holding Co)

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Fair Consideration. The consideration to be received by the Seller upon the sale of the Loans [Mortgage Loans][Assets] under this Sales Agreement constitutes fair consideration and reasonably equivalent value thereforfor the [Mortgage Loans][Assets].

Appears in 1 contract

Samples: Sales Agreement (Union Planters Home Equity Corp)

Fair Consideration. The consideration to be received by the Seller upon in connection with the sale of the Mortgage Loans and Additional Balances under this Purchase Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Mortgage Loans and Additional Balances.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)

Fair Consideration. The consideration to be received by Seller Sellers upon the sale of the Mortgage Loans under this Agreement constitutes shall constitute fair consideration and reasonably equivalent value thereforfor the Loans.

Appears in 1 contract

Samples: Asset Purchase Agreement (Popular Inc)

Fair Consideration. The consideration to be received by Seller upon the sale of the Loans under this Agreement constitutes fair consideration and reasonably equivalent value therefor.for the Loans,

Appears in 1 contract

Samples: Bulk Continuing Loan Purchase Agreement (Austin Funding Com Corp)

Fair Consideration. The consideration to be received by such Seller upon in connection with the sale of the Mortgage Loans and Additional Balances under this Agreement constitutes fair consideration and reasonably equivalent value thereforfor the Mortgage Loans and Additional Balances.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)

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