Common use of INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS Clause in Contracts

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each agreement to enter into a Transaction must be entered into in writing at the initiation of Seller. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "Confirmation"). Such Confirmation shall describe the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmation, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The Purchase Price for any Transaction shall exceed $750,000.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each An agreement to enter into a Transaction must may be entered into orally or in writing at the initiation of Seller. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "Confirmation"). Such Confirmation shall describe the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmationdemand, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The With respect to any Transaction, and subject to the terms and conditions herein, the Purchase Price for any Date shall be within 2 Business Days of the date on which Seller initiated the Transaction shall exceed $750,000pursuant to the first sentence of this paragraph.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each An agreement to enter into a the Transaction must shall be entered into in writing at the initiation of either Buyer or Seller. In any event, Buyer shall confirm the terms of each the Transaction by issuing a written confirmation to Seller promptly after the parties enter into such the Transaction in the form of Exhibit I attached hereto (a "ConfirmationCONFIRMATION"). Such Confirmation shall describe the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmationdemand, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The Purchase Price for any Transaction shall exceed $750,000.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each agreement to enter into a Transaction must be entered into in writing at the initiation of Seller. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "ConfirmationCONFIRMATION"). Such Confirmation shall describe the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmation, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The Purchase Price for any Transaction shall exceed $750,000.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each An agreement to enter into a Transaction must may be entered into orally or in writing at the initiation of either Buyer or Seller. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "Confirmation"). Such Confirmation shall describe the Purchased Mortgage Loans, ------------ identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmationdemand, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The Purchase Price for any Transaction shall exceed $750,0001,000,000.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each An agreement to enter into a Transaction must may be entered into orally or in writing at the initiation of either Buyer or Seller. At the initiation of the Seller, for the term of this Agreement, the Buyer shall be obligated to purchase eligible Mortgage Loans hereunder, subject to the Seller's compliance with the terms and conditions hereunder. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "ConfirmationCONFIRMATION"). Such Confirmation shall describe the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmationdemand, (iv) the Pricing Rate applicable to the Transaction, and (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The Purchase Price for any Transaction shall exceed $750,000500,000.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each An agreement to enter into a Transaction must may be entered into orally or in writing at the initiation of either Buyer or Seller. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "Confirmation"). Such Confirmation shall describe the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmationdemand, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, upon its approval thereof and subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The With respect to any Transaction, Seller must sell Buyer sufficient number of Mortgage Loans such that the Purchase Price for any such Transaction shall exceed $750,0001,000,000.

INITIATION; CONFIRMATION; TERMINATION; MAXIMUM TRANSACTION AMOUNTS. (a) Each An agreement to enter into a Transaction must may be entered into orally or in writing at the initiation of either Buyer or Seller. In any event, Buyer shall confirm the terms of each Transaction by issuing a written confirmation to Seller promptly after the parties enter into such Transaction in the form of Exhibit I attached hereto (a "Confirmation"). Such Confirmation shall describe ------------ the Purchased Mortgage Loans, identify Buyer and Seller and set forth (i) the Purchase Date, (ii) the Purchase Price, (iii) the Repurchase Date, unless the Transaction is stated to be terminable on demand as stated in the Confirmationdemand, (iv) the Pricing Rate applicable to the Transaction, (v) the applicable Collateral Amount Percentages Percentage with respect to the calculation of Market Value and (vi) additional terms or conditions not inconsistent with this Agreement. After receipt of the Confirmation, Seller shall, subject to the provisions of subsection (c) below, sign the Confirmation and promptly return it to Buyer. The Purchase Price for any Transaction shall exceed $750,000500,000.