Common use of Pooled Mortgage Loans Clause in Contracts

Pooled Mortgage Loans. With respect to a Transaction the subject of which is a Pooled Mortgage Loan, the provisions of any Joint Securities Account Control Agreement, any Joint Account Control Agreement and/or any Escrow Agreement shall control, or if there is a Trade Assignment, Guarantor shall deliver to Buyer or its Custodian, as applicable, the related Agency Documents in accordance with and pursuant to the terms of Section 7.2(e) hereof and the Custodial Agreement and Guarantor shall cause the Custodian to deliver a trust receipt to Buyer with respect to such Mortgage Loans in accordance with the terms of the Custodial Agreement. In addition, unless the transaction is subject to any Joint Securities Account Control Agreement, any Joint Account Control Agreement and/or any Escrow Agreement, Guarantor shall deliver to Buyer or its designee a duly executed Trade Assignment, as applicable, together with a true and complete copy of the Purchase Commitment with respect to the related Mortgage-Backed Security in accordance with and pursuant to the terms of Sections 7.2(e) and 7.2(p).

Pooled Mortgage Loans. With respect to a Transaction the subject of which is a Pooled Mortgage Loan, the provisions of any the Joint Securities Account Control Agreement, any Joint Account Control Agreement and/or any and Escrow Agreement shall control, or if there is a Trade Assignment, Guarantor shall deliver to Buyer or its a Custodian, as applicable, the related Agency Documents in accordance with and pursuant to the terms of Section 7.2(e) hereof and the applicable Custodial Agreement and Guarantor shall cause the applicable Custodian to deliver a trust receipt to Buyer with respect to such Mortgage Loans in accordance with the terms of the related Custodial Agreement. In addition, unless the transaction is subject to any the Joint Securities Account Control Agreement, any Joint Account Control Agreement and/or any and Escrow Agreement, Guarantor shall deliver to Buyer or its designee a duly executed Trade Assignment, as applicable, together with a true and complete copy of the Purchase Commitment with respect to the related Mortgage-Backed Security in accordance with and pursuant to the terms of Sections 7.2(e) and 7.2(p).