Common use of Reconstitution of Mortgage Loans Clause in Contracts

Reconstitution of Mortgage Loans. (a) The Seller acknowledges and the Purchaser agrees that with respect to some or all of the Mortgage Loans, the Purchaser may effect, upon thirty (30) calendar days prior written notice to the Seller, either:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Ar3), Servicing Agreement (GSAA Home Equity Trust 2006-14), Mortgage Loan Sale and Servicing Agreement (GSAA Home Equity Trust 2006-16)

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Reconstitution of Mortgage Loans. (a) The Seller acknowledges and the Purchaser agrees that with respect to some or all of the Mortgage Loans, the Purchaser may effect, upon thirty ten (3010) calendar days Business Days prior written notice to the Seller, either:

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (Prime Mortgage Trust 2007-1)

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Reconstitution of Mortgage Loans. (a) The Seller acknowledges and the Purchaser agrees that with respect to some or all of the Mortgage Loans, the Purchaser may effect, upon thirty ten (3010) calendar days Business Days (or as otherwise agreed) prior written notice to the Seller, either:

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-6)

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