Request for Transaction. Seller shall request a Transaction by delivering to Buyer a Transaction Request and Asset Data Record for each Asset intended to be the subject of the Transaction, in each case, electronically or in writing no later than 5:00 p.m. (New York City time) two (2) Business Days (or such other shorter timeframe as may be approved by Buyer in its sole and absolute discretion) prior to the requested Purchase Date; provided, that, Seller shall submit no more than two (2) Transaction Requests per week to Buyer and Buyer shall be under no obligation to process and respond to more than two (2) Transaction Requests per week unless otherwise agreed to by Buyer in its sole and absolute discretion. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller if the Purchase Price relates to the Uncommitted Amount. Assuming the satisfaction of all conditions precedent set forth in Article 7, Xxxxx may, for any Transaction with respect to the Uncommitted Amount and shall, for any Transaction with respect to the Committed Amount, confirm to Seller the terms of Transactions electronically or in writing. Buyer reserves the right to reject any Transaction Request that Buyer determines fails to comply with the terms and conditions of this Agreement. By submitting a Transaction Request hereunder, whether containing the information set forth in Exhibit J or in such other form as may be approved by Buyer, in its sole discretion, (i) such Transaction Request shall be deemed to be, and Seller acknowledges and agrees that such Transaction Request shall constitute, notification to Buyer by Seller that Seller wishes to enter into a Transaction under this Agreement and (ii) Seller shall be deemed to have represented and warranted that (a) as of the applicable Purchase Date, all conditions precedent to a Transaction as set forth in Section 7.1 and Section 7.2 of this Agreement have been satisfied, (b) the representations and warranties of Seller set forth in Article 8 of this Agreement are true and correct in all material respects as if made on and as of the date of the applicable Transaction and (c) no Potential Default, Event of Early Termination, Event of Default or Material Adverse Effect with respect to Seller has occurred and is continuing.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Asset intended to be the subject of the Transaction no later than 4:00 p.m. (New York City time); provided, however, that if Seller intends to request a Transaction or series of Transactions with an Aggregate Purchase Price equal to or greater than ten million ($10,000,000) dollars, Seller shall provide Buyer not fewer than one (1) Business Day prior written notice thereof. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller if the Purchase Price relates to the Uncommitted Amount. Assuming the satisfaction of all conditions precedent set forth in Article 7 and as otherwise set forth in this Agreement, Buyer may, for any Transaction with respect to the Uncommitted Amount and shall, for any Transaction with respect to the Committed Amount, confirm to Seller the terms of Transactions electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines fails to comply with the terms and conditions of this Agreement or Buyer’s then current policies and procedures.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Mortgage Loan intended to be the subject of the Transaction no later than the Transaction Request Deadline; provided, however, that (i) if Seller intends to request a Transaction or series of Transactions equal to or greater than ten million ($10,000,000) dollars or (ii) Seller is approved to receive the Purchase Price for Transactions via cashiers check and would like the Purchase Price for a Transaction to be paid by cashiers check, in either case, Seller shall provide Buyer not fewer than one (1) Business Day prior written notice thereof. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller. If Buyer decides to enter into a Transaction, Buyer shall confirm to Seller the terms of Transactions electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines, in its sole and good faith discretion, fails to comply with the terms and conditions of this Agreement or Buyer’s then current policies and procedures.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Mortgage Loan intended to be the subject of the Transaction no later than the Transaction Request Deadline; provided, however, that if Seller intends to request a Transaction or series of Transactions equal to or greater than ten million ($10,000,000) dollars, Seller shall provide Buyer not fewer than one (1) Business Day prior written notice thereof. If Buyer determines that the requested Transaction complies with the terms and conditions of this Agreement, Buyer shall confirm to Seller the terms of Transactions electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines, in its sole and good faith discretion, fails to comply with the terms and conditions of this Agreement or Buyer’s then current policies and procedures, which current policies and procedures shall be available via Buyer’s website prior to any request for a Transaction.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer (i) an Estimated Funding Notice by 10:00 p.m. (New York City time) on the Business Day prior to the requested Purchase Date and (ii) electronically or in writing, a Transaction Request and a Mortgage Loan Data File for each loan intended to be the subject of the Transaction no later than three (3) hours prior to a requested Transaction and in any event no later than 3:00 p.m. (New York City time) on the requested Purchase Date. Seller may request no more than three (3) Transactions on any Business Day. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller. Assuming the satisfaction of all conditions precedent set forth in Section 5 and as otherwise set forth in this Agreement, Buyer may confirm to Seller the terms of Transactions electronically or in writing (each, a “Confirmation”). Buyer reserves the right to reject any Transaction Request that Buyer determines fails to comply with the terms and conditions of this Agreement or, subject to Section 3.1, Buyer’s then current policies and procedures.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Asset intended to be the subject of the Transaction no later than 4:00 p.m. (New York City time) and, if an Asset Data Record is submitted after such time, Buyer shall use best efforts to enter into such Transaction. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller if the Purchase Price relates to the Uncommitted Amount. Assuming the satisfaction of all conditions precedent set forth in Article 7 and as otherwise set forth in this Agreement, Buyer may, for any Transaction with respect to the Uncommitted Amount and shall, for any Transaction with respect to the Committed Amount, confirm to Seller the terms of Transactions, including the related Repurchase Date, electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines fails to comply with the terms and conditions of this Agreement or Buyer’s then current policies and procedures (provided that such policies and procedures are applicable hereunder in accordance with Section 3.1).
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Mortgage Loan intended to be the subject of the Transaction no later than the Transaction Request Deadline. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller. If Buyer decides to enter into a Transaction, Buyer shall confirm to Seller the terms of Transactions electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines, in its sole and good faith discretion, fails to comply with the terms and conditions of this Agreement or Buyer’s then current policies and procedures.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Mortgage Loan intended to be the subject of the Transaction no later than the Transaction Request Deadline; provided, however, that (i) if Seller intends to request a Transaction or series of Transactions equal to or greater than twenty-five million dollars ($25,000,000) or (ii) Seller is approved to receive the Purchase Price for Transactions via cashiers check and would like the Purchase Price for a Transaction to be paid by cashiers check, in either case, Seller shall provide Buyer not less than one (1) Business Day prior written notice thereof. Buyer shall confirm to Seller the terms of Transactions electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines, in its sole and good faith discretion, fails to comply with the terms and conditions of this Agreement or Buyer’s then effective policies and procedures.
Request for Transaction. (i) Seller shall request a Transaction by delivering to Administrative Agent for the benefit of Buyers, electronically or in writing, by no later than 4:00 p.m. (New York City time) on the requested Purchase Date (x) an Asset Data Record for each Asset intended to be the subject of the Transaction, and (y) the Purchase Price for such Assets.
(ii) Assuming the satisfaction of all conditions precedent set forth in Section 7.2 and as otherwise set forth in this Agreement, Administrative Agent, on behalf of each Buyer shall, for any Transaction with respect to each such Buyer’s Commitment, subject to the Swing Line Provider’s election to enter into such Transaction in accordance with Section 3.2(d) hereof, remit to Seller the related Purchase Price by wire transfer in accordance with instructions provided to (and reasonably acceptable to) Administrative Agent. Administrative Agent on behalf of Buyers reserves the right to reject any Transaction request that Administrative Agent determines fails to comply with the terms and conditions of this Agreement or Administrative Agent’s then current policies and procedures.
(iii) By no later than 10:00 a.m. (New York City Time) one (1) Business Day following the related Purchase Date, the Administrative Agent shall promptly notify each Buyer of the amount of its Applicable Percentage of the related Purchase Price. Each Buyer shall make the amount of its Applicable Percentage of the Purchase Price available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. one (1) Business Day following the related Purchase Date.
Request for Transaction. Seller shall request a Transaction by delivering to Buyer, electronically or in writing, an Asset Data Record for each Underlying Asset intended to LEGAL02/40464938v16 be the subject of the Transaction no later than 4:00 p.m. (New York City time) and, if an Asset Data Record is submitted after such time, Buyer shall use best efforts to enter into such Transaction. Buyer shall be under no obligation to enter into any Transaction or Transactions requested by Seller if the Purchase Price relates to the Uncommitted Amount. Assuming the satisfaction of all conditions precedent set forth in Article 7 and as otherwise set forth in this Agreement, Buyer may, for any Transaction with respect to the Uncommitted Amount and shall, for any Transaction with respect to the Committed Amount, confirm to Seller the terms of Transactions, including the related Repurchase Date, electronically or in writing. Buyer reserves the right to reject any Transaction request that Buyer determines fails to comply with the terms and conditions of this Agreement or Buyer’s then current policies and procedures (provided that such policies and procedures are applicable hereunder in accordance with Section 3.1).
