Product Switch Loan Repurchase Sample Clauses

Product Switch Loan Repurchase. 1.1 Where the relevant Legal Title-Holder is required to repurchase a Product Switch Loan in accordance with paragraph 3.1 of Schedule 6 (Product Switches) of the Mortgage Administration Agreement, not less than two business days prior to the Product Switch Effective Date, the relevant Legal Title-Holder shall notify the Issuer and the Mortgage Administrator of the date on which it will purchase the Product Switch Loans specified in such notice, provided that such date shall not be later than Product Switch Effective Date (the Product Switch Repurchase Date).
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Related to Product Switch Loan Repurchase

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  • Assuming Institution Portfolio Sales of Remaining Shared-Loss Loans The Assuming Institution shall have the right, with the consent of the Receiver, to liquidate for cash consideration, from time to time in one or more transactions, all or a portion of Shared-Loss Loans held by the Assuming Institution at any time prior to the Termination Date (“Portfolio Sales”). If the Assuming Institution exercises its option under this Section 4.1, it must give sixty

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