PRE-CLOSING AND CLOSING PROCEDURES Sample Clauses

PRE-CLOSING AND CLOSING PROCEDURES. Section 2.01 Books and Records; Transfers of Mortgage Loans 10 Section 2.02 Due Diligence by the Purchaser. 11 Section 2.03 Identification of Mortgage Loan Package. 11 Section 2.04 Credit Document Deficiencies Identified During Due Diligence. 11 Section 2.05 Delivery of Collateral Files. 12 Section 2.06 Purchase Confirmation. 13 Section 2.07 Closing. 13 Section 2.08 Payment of the Purchase Proceeds. 14 Section 2.09 Entitlement to Payments on the Mortgage Loans. 14 Section 2.10 Payment of Costs and Expenses. 14 Section 2.11 MERS Mortgage Loans and the MERS System. 14

PRE-CLOSING AND CLOSING PROCEDURES. Due Diligence by the Purchaser................................ Section 2.02 Identification of Mortgage Loan Package....................... Section 2.03 Post-Closing Due Diligence.................................... Section 2.04 Credit Document Deficiencies Identified During Due Diligence............................................... Section 2.05

PRE-CLOSING AND CLOSING PROCEDURES. Section 2.01 Due Diligence by the Purchaser.

PRE-CLOSING AND CLOSING PROCEDURES. Books and Records; Transfers of Mortgage Loans................ Section 2.02 Due Diligence by the Purchaser................................ Section 2.03 Identification of Mortgage Loan Package....................... Section 2.04 Credit Document Deficiencies Identified During Due Diligence.................................................... Section 2.05

PRE-CLOSING AND CLOSING PROCEDURES. Section 2.01 Due Diligence by the Purchaser............................. 12 Section 2.02 Identification of Mortgage Loan Package.................... 12 Section 2.03 Post-Closing Due Diligence................................. 12 Section 2.04 Credit Document Deficiencies Identified During Due Diligence.................................................. 13 Section 2.05 Delivery of Collateral Files............................... 13 Section 2.06 Purchase Confirmation...................................... 14 Section 2.07 Closing.................................................... 14 Section 2.08 Payment of the Purchase Proceeds........................... 14 Section 2.09 Entitlement to Payments on the Mortgage Loans.............. 14 Section 2.10 Payment of Costs and Expenses.............................. 15 Section 2.11 MERS Mortgage Loans and the MERS System.................... 15

PRE-CLOSING AND CLOSING PROCEDURES. Section 2.01 Due Diligence by the Purchaser. (a) Review of Credit File. At least five (5) Business Days prior to the Closing Date, Countrywide shall make available to the Purchaser the Credit File for each Preliminary Mortgage Loan in the related Preliminary Mortgage Loan Package. The Purchaser shall have the right to review the Credit File for each such Preliminary Mortgage Loan, at Countrywide's offices or such other location agreed upon by the Purchaser and Countrywide, for the purpose of determining whether each Preliminary Mortgage Loan conforms in all material respects to the applicable terms contained in the Transaction Documents, which determination shall be made in the Purchaser's reasonable and good faith discretion. In the event that the Purchaser rejects any Preliminary Mortgage Loan based on such review, reasonable discretion that any Mortgage Loan is not in compliance in all material respects with the applicable terms of the Transaction Documents, such Mortgage Loan shall be deleted from the related Mortgage Loan Schedule and Countrywide shall have the right to substitute replacement Preliminary Mortgage Loans satisfying the requirements set forth above, and the Purchaser shall have the right to review any such replacement Preliminary Mortgage Loan(s) in the manner contemplated above. The Purchaser shall use its reasonable best efforts to conduct its due diligence, and to convey the results thereof to Countrywide, within the time and in the manner necessary to permit Countrywide to rebut or cure any Preliminary Mortgage Loan or to substitute replacement Preliminary Mortgage Loans as permitted herein.

PRE-CLOSING AND CLOSING PROCEDURES. REPRESENTATIONS AND WARRANTIES; REMEDIES FOR BREACH

PRE-CLOSING AND CLOSING PROCEDURES. 10 Section 2.01 Agreement to Purchase; Conveyance from Countrywide to Purchaser.......................................... 10 Section 2.02 Due Diligence by the Purchaser............................ 11 Section 2.03 Identification of Mortgage Loan Package................... 12 Section 2.04 Credit Document Deficiencies Identified During Due Diligence.......................................... 12 Section 2.05 Delivery of Collateral Files.............................. 12 Section 2.06 Purchase Confirmation..................................... 13 Section 2.07 Closing................................................... 13 Section 2.08 Purchase Proceeds......................................... 13 Section 2.09

PRE-CLOSING AND CLOSING PROCEDURES. Section 2.01 Possession of Credit Files. 13 Section 2.02 Closing. 14 Section 2.03 Closing Documents. 14

PRE-CLOSING AND CLOSING PROCEDURES. Books and Records; Transfers of Mortgage Loans.......