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

Identity of the Mortgages; Substitution and Repurchase. (a) A PC Pool will consist of those Mortgages Xxxxxxx Mac acquired (i) for cash, (ii) in exchange for PCs and/or (iii) for such other consideration as Xxxxxxx Xxx xxxxx appropriate.

Appears in 3 contracts

Samples: Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement

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Identity of the Mortgages; Substitution and Repurchase. (a) A PC Pool will consist of those Mortgages Xxxxxxx Freddie Mac acquired (i) for cash, (ii) in exchange for PCs and/or (iii) for such other consideration as Xxxxxxx Xxx xxxxx appropriate.

Appears in 2 contracts

Samples: Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement

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Identity of the Mortgages; Substitution and Repurchase. (a) A PC Pool will consist of those Mortgages Xxxxxxx Mac acquired (i) for cash, (ii) in exchange for PCs representing interests in such PC Pool and/or (iii) for such other consideration as Xxxxxxx Xxx xxxxx appropriate.

Appears in 1 contract

Samples: Multifamily Mortgage Participation Certificates Agreement

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