Common use of Purchases Upon Conversion Clause in Contracts

Purchases Upon Conversion. The Holders of the Class R Certificates, by their acceptance of such Certificates shall agree that with respect to each Group II Contract that converts from a variable Contract Rate to a fixed Contract Rate during any Collection Period pursuant to the terms of such Contract that they will:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Credit Corp), Pooling and Servicing Agreement (Greenpoint Credit Manufactured Housing Cont Tru Ser 2001-2), Pooling and Servicing Agreement (Greenpoint Credit Man Housing Cont Tr Pas THR Cert Ser 01 1)

AutoNDA by SimpleDocs

Purchases Upon Conversion. The Holders of the Class R Certificates, by their acceptance of such Certificates shall agree that with respect to each Group II Contract that converts from a variable Contract Rate to a fixed Contract Rate during any Collection Period pursuant to the terms of such Contract that they will:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp), Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Credit LLC)

AutoNDA by SimpleDocs

Purchases Upon Conversion. 106 The Holders of the Class R Certificates, by their acceptance of such Certificates shall agree that with respect to each Group II Contract that converts from a variable Contract Rate to a fixed Contract Rate during any Collection Period pursuant to the terms of such Contract that they will:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp)

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