Common use of Identity of the Mortgages; Substitution and Repurchase Clause in Contracts

Identity of the Mortgages; Substitution and Repurchase. (a) In consideration for the transfer of the related Mortgages by the Depositor to a PC Pool, the Depositor (i) shall receive the PCs issued by such PC Pool and (ii) may retain such PCs or transfer them to the related Mortgage seller or otherwise, as the Depositor deems appropriate.