Offers to Others. Those Loans and their Related Security in respect of which the applicable Sellers reject or fail within the requisite time limit to accept the Purchaser's offer to sell shall be offered for sale by the Purchaser to third party purchasers and the Sellers in the manner and on the terms set out in Section 7.1 of the Guarantor LP Agreement.
Appears in 3 contracts
Samples: Mortgage Sale Agreement, Mortgage Sale Agreement (RBC Covered Bond Guarantor Limited Partnership), Mortgage Sale Agreement (RBC Covered Bond Guarantor Limited Partnership)
Offers to Others. Those Selected Loans and their Related Security in respect of which the applicable Sellers reject Seller rejects or fail fails within the requisite time limit to accept and pay for the Purchaser's ’s offer to sell shall be offered for sale by the Purchaser to third party purchasers and the Sellers Seller in the manner and on the terms set out in Section 7.1 7.1, Section 7.2 or Section 7.3 of the Guarantor LP Limited Partnership Agreement, as applicable.
Appears in 2 contracts
Samples: Subservicing Agreement, Hypothecary Loan Sale Agreement
Offers to Others. Those Loans and their Related Security in respect of which the applicable Sellers reject Seller rejects or fail fails within the requisite time limit to accept and pay for the Purchaser's ’s offer to sell shall be offered for sale by the Purchaser to third party purchasers and the Sellers Seller in the manner and on the terms set out in Section 7.1 7.1, Section 7.2 or Section 7.3 of the Guarantor LP Agreement, as applicable.
Appears in 1 contract
Samples: Mortgage Sale Agreement
