Common use of Purchase and Sale of the Mortgage Loans Clause in Contracts

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUT-OFF DATE") of approximately $360,000,000 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp)

AutoNDA by SimpleDocs

Purchase and Sale of the Mortgage Loans. (a) A. Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 221,905,052 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Mul Cl Mort Pass THR Cert Ser 2003-1)

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION 3(a3(A) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule March 1, 2003 (the "CUT-OFF DATE") of approximately $360,000,000 396,056,655 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mort Corp Multi Class Mort Pass THR Cert Ser 2003-4)

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 247,760,792 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Series 1999-3)

Purchase and Sale of the Mortgage Loans. (a) A. Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 255,670,142 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mort Corp Multi-Class Mort Pass-THR Cert Ser 2003-2)

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 285,000,000 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp)

Purchase and Sale of the Mortgage Loans. (a) A. Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 568,384,827 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Series 2001-1a)

Purchase and Sale of the Mortgage Loans. (a) A. Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 548,737,709 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abnn Amro Mortgage Corp Series 2002-1)

AutoNDA by SimpleDocs

Purchase and Sale of the Mortgage Loans. (a) A. Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 355,247,705 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Series 2001-6)

Purchase and Sale of the Mortgage Loans. (a) A. Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 [____________] after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Series 2001-8)

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION 3(a3(A) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule May 1, 2003 (the "CUT-OFF DATE") of approximately $360,000,000 500,669,016 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Multi Cl Mort Ps THR Certs Ser 2003-6)

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION Section 3(a) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule February 1, 2003 (the "CUTCut-OFF DATEOff Date") of approximately $360,000,000 623,255,329 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mort Corp Multi Class Mort Pass THR Cert Ser 2003-3)

Purchase and Sale of the Mortgage Loans. (a) Pursuant to the terms hereof and upon satisfaction of the conditions set forth herein, the Seller agrees to sell and the Purchaser agrees to purchase, Mortgage Loans having the general characteristics set forth in this Agreement and specifically identified on the Mortgage Loan Schedule, for the Purchase Price set forth below in SECTION 3(a3(A) hereof and having an aggregate principal balance on and as of the date of such Mortgage Loan Schedule November 1, 2002 (the "CUT-OFF DATE") of approximately $360,000,000 397,842,396 after deduction of principal payments due on or before the Cut-Off Date (which amount may vary plus or minus 5% thereof), or such other aggregate principal balance as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on the Closing Date (as defined below).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Abn Amro Mortgage Corp Series 2002-9)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!