REMEDY FOR FIRST PAYMENT DEFAULT. However, anything to the contrary notwithstanding, in the event the Borrower fails to make the first payment due to the Buyer within thirty (30) days of the payment due date, regardless of whether such payment is subsequently paid by the Borrower, the Buyer, at its sole and absolute discretion, shall have the right to have Seller repurchase said Loan(s) at the Buy-Back Price.
Appears in 3 contracts
Samples: Master Agreement (Westmark Group Holdings Inc), Master Agreement (American Home Mortgage Holdings Inc), Austin Funding Com Corp
REMEDY FOR FIRST PAYMENT DEFAULT. However, anything to the -------------------------------- contrary notwithstanding, in the event the Borrower fails to make the first payment due to the Buyer within thirty (30) days of the payment due date, regardless of whether such payment is subsequently paid by the Borrower, the Buyer, at its sole and absolute discretion, shall have the right to have Seller repurchase said Loan(s) at the Buy-Back Price.
Appears in 1 contract
Samples: Emb Corp
