NEW LOANS. 7.1 The Portfolio may be augmented from time to time by the sale to the Mortgages Trustee on any Sale Date of New Loans and their New Related Security by the Seller in accordance with the Mortgage Sale Agreement. 7.2 The sale by the Seller of New Loans and their New Related Security to the Mortgages Trustee will in all cases be subject to the terms set out in the Mortgage Sale Agreement including, without limitation, the conditions set out in clause 4.2 (Sale and purchase of New Portfolios, Product Switches and Further Advances) of the Mortgage Sale Agreement and the Representations and Warranties set out in clause 8 (Warranties and Repurchase by the Seller) of the Mortgage Sale Agreement.
Appears in 3 contracts
Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement
NEW LOANS. 7.1 The Portfolio may be augmented from time to time by the sale to the Mortgages Trustee on any Sale Date of New Loans and their New Related Security by the Seller in accordance with the Mortgage Sale Agreement.
7.2 The sale by the Seller of New Loans and their New Related Security to the Mortgages Trustee will in all cases be subject to the terms set out in the Mortgage Sale Agreement including, without limitation, the conditions set out in clause 4.2 (Sale and purchase of New Portfolios, Product Switches and Further Advances) of the Mortgage Sale Agreement and the Representations and Warranties set out in clause 8 (Warranties and Repurchase by the Seller) of the Mortgage Sale Agreement.
Appears in 2 contracts
Samples: Servicing Agreement, Servicing Agreement
