Common use of Loan Sale Commitment Clause in Contracts

Loan Sale Commitment. Subject to the terms and conditions of this Agreement, and in express reliance upon the representations, warranties and covenants set forth herein, Seller (via its Eligible Lender Trustee) agrees to sell, and Purchaser (via its Eligible Lender Trustee) agrees to purchase, all Eligible Loans tendered by the Seller to the Purchaser to the extent the Eligible Loans meet all eligibility requirements and to the extent the Purchaser has the funds available to purchase the Eligible Loans.

Loan Sale Commitment. Subject to the terms and conditions of this Agreement, and in express reliance upon the representations, warranties and covenants set forth herein, Seller (via its Eligible Lender TrusteeTrustee ) agrees to sell, and Purchaser (via its Eligible Lender Trustee) agrees to purchase, all Eligible Loans tendered by the Seller to the Purchaser to the extent the Eligible Loans meet all eligibility requirements and to the extent the Purchaser has the funds available to purchase the Eligible Loans.