Common use of Offers to Others Clause in Contracts

Offers to Others. Those Selected Portfolio Assets in respect of which the Seller rejects or fails within the requisite time limit to accept and pay for the Purchaser’s offer to sell shall be offered for sale by the Purchaser to third party purchasers and the Seller in the manner and on the terms set out in Section 7.1, Section 7.2 or Section 7.3 of the Guarantor Agreement, as applicable.

Appears in 5 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

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