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Common use of No Prior Offer Clause in Contracts

No Prior Offer. The Prior to the transfer of the Mortgage Loan has to the Purchaser, the Mortgage Loan had not been previously rejected by a third-party purchaser;; and

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-Wmc3), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He6)

No Prior Offer. The Mortgage Loan has not previously been previously rejected refused for purchase by a third-party purchaseranother lender or repurchase counterparty;

Appears in 1 contract

Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp)