Common use of Reconveyance of the Related Documents Clause in Contracts

Reconveyance of the Related Documents. In the event any Seller accepts a reconveyance of the Depositor’s interest in one or more Home Equity Loans pursuant to the Home Equity Loan Purchase Agreement, then the applicable Seller shall also accept reconveyance of the Related Documents held by the Trustee, on behalf of the Trust.

Appears in 5 contracts

Samples: Transfer Agreement, Transfer Agreement (HSBC Home Equity Loan Trust (USA) 2006-4), Transfer Agreement (HSBC Home Equity Loan Trust (USA) 2007-3)

AutoNDA by SimpleDocs

Reconveyance of the Related Documents. In the event any Seller accepts a reconveyance of the Depositor’s interest in one or more Home Equity Loans pursuant to the Home Equity Loan Purchase Agreement, then the applicable Seller shall also accept reconveyance of the Related Documents held by the Trustee, on behalf of the Trust[Trust][Trustee].

Appears in 1 contract

Samples: Transfer Agreement (HSBC Home Equity Loan Corp I)

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