Purchase and Sale of the Mortgage Loans and Related Rights. SECTION 6.1.UPON SATISFACTION OF THE CONDITIONS SET FORTH IN SECTION 10 HEREOF, THE MORTGAGE LOAN SELLER AGREES TO SELL, AND THE PURCHASER AGREES TO PURCHASE MORTGAGE LOANS HAVING AN AGGREGATE OUTSTANDING PRINCIPAL BALANCE AS OF THE CUT-OFF DATE EQUAL TO THE CUT-OFF DATE BALANCE.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Arm Trust 2005-3), Pooling and Servicing Agreement (Bear Stearns ARM Trust, Series 2005-1)
Purchase and Sale of the Mortgage Loans and Related Rights. SECTION 6.1.UPON 6.1. UPON SATISFACTION OF THE CONDITIONS SET FORTH IN SECTION 10 HEREOF, THE MORTGAGE LOAN SELLER AGREES TO SELL, AND THE PURCHASER AGREES TO PURCHASE MORTGAGE LOANS HAVING AN AGGREGATE OUTSTANDING PRINCIPAL BALANCE AS OF THE CUT-OFF DATE EQUAL TO THE CUT-OFF DATE BALANCE.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns ARM Trust 2005-4)
Purchase and Sale of the Mortgage Loans and Related Rights. SECTION 6.1.UPON A. UPON SATISFACTION OF THE CONDITIONS SET FORTH IN SECTION 10 HEREOF, THE MORTGAGE LOAN SELLER AGREES TO SELL, AND THE PURCHASER AGREES TO PURCHASE MORTGAGE LOANS HAVING AN AGGREGATE OUTSTANDING PRINCIPAL BALANCE AS OF THE CUT-OFF DATE EQUAL TO THE CUT-OFF DATE BALANCE.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2004-2)
