Repurchase Price. Unless agreed otherwise by the Purchaser and the Company, a price equal to (i) the Stated Principal Balance of the Mortgage Loan plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Rate from the date on which interest has last been paid and distributed to the Purchaser through the last day of the month in which such repurchase takes place, less amounts received or advanced in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchase.
Appears in 43 contracts
Sources: Servicing Agreement (Lehman Xs Trust Series 2005-3), Servicing Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)
Repurchase Price. Unless agreed otherwise by the Purchaser and the Company, a price equal to (i) the Stated Principal Balance of the Mortgage Loan plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Rate from the date on which interest has last been paid and distributed to the Purchaser through to the last day of the month in which such the repurchase takes placeoccurs, less amounts received or advanced in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchase.
Appears in 25 contracts
Sources: Servicing Agreement, Servicing Agreement, Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)
Repurchase Price. Unless agreed otherwise by the Purchaser and the CompanyWith respect to any Mortgage Loan, a price equal to (i) the Stated Principal Balance of the Mortgage Loan plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Rate from the date on which interest has last been paid and distributed to the Purchaser through to the last day date of the month in which such repurchase takes placerepurchase, less amounts received or advanced in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchase.
Appears in 12 contracts
Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-15), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26), Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)
Repurchase Price. Unless agreed otherwise by the Purchaser and the Company, a price equal to (i) the Stated Principal Balance of the Mortgage Loan as of the date on which such repurchase takes place, plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Rate from the date on which interest has last been paid and distributed to the Purchaser through the last day of the month in which such repurchase takes place, less amounts received or advanced in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchase.
Appears in 10 contracts
Sources: Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3), Seller's Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2), Seller's Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A3)
Repurchase Price. Unless agreed otherwise by the Purchaser and the Company, a A price equal to (i) the Stated Principal Balance of the Mortgage Loan as of the date on which such repurchase takes place, plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Rate from the date on which interest has last been paid and distributed to the Purchaser through the last day of the month in which such repurchase takes place, less amounts received or advanced in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchase.
Appears in 2 contracts
Sources: Seller’s Warranties and Servicing Agreement (Sequoia Mortgage Trust 2007-2), Seller's Warranties and Servicing Agreement (RBSGC 2007-A)
Repurchase Price. Unless agreed otherwise by the Purchaser and the CompanyWith respect to any Mortgage Loan, a price equal to (ia) the Stated Principal Balance of the Mortgage Loan plus (iib) interest on such Stated Principal Balance at the Mortgage Loan Remittance Interest Rate from the date on which interest has last been paid and distributed to the Purchaser through to the last day date of the month in which such repurchase takes placerepurchase, less amounts received or advanced received, if any, plus amounts advanced, if any, by any servicer, in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchaseLoan.
Appears in 2 contracts
Sources: Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-11xs), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-5)
Repurchase Price. Unless agreed otherwise by the Purchaser and the CompanyWith respect to any Mortgage Loan, a price equal to (i) the Stated Principal Balance of the Mortgage Loan plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Interest Rate from the date on which interest has last been paid and distributed to the Purchaser through to the last day date of the month in which such repurchase takes placerepurchase, less amounts received or advanced received, if any, plus amounts advanced, if any, by any servicer, in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchaseLoan.
Appears in 2 contracts
Sources: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)