Common use of Retransfer Clause in Contracts

Retransfer. If the Transferor requests for the retransfer of a Mortgage Receivable in accordance with and subject to Clause 5 of the Guarantee Support Agreement, the Administrator shall use its best efforts to procure that the CBC shall retransfer and re-assign such Mortgage Receivable. The Transferor has an obligation to inform or procure that the Servicer will inform, inter alia, the Administrator of such request to retransfer such Mortgage Receivable. The Administrator will notify the Servicer after the deed of retransfer and reassignment has been signed by the relevant parties which Mortgage Receivables have been reassigned by the CBC to the Transferor.

Appears in 2 contracts

Samples: Administration Agreement, Administration Agreement

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Retransfer. If the Transferor requests for the retransfer of a Mortgage Receivable in accordance with and subject to Clause clause 5 of the Guarantee Support Agreement, the Administrator shall use its best efforts to procure that the CBC shall retransfer and re-assign such Mortgage Receivable. The Transferor has an obligation to inform or procure that the Servicer will inform, inter alia, the Administrator of such request to retransfer such Mortgage Receivable. The Administrator will notify the Servicer after the deed Deed of retransfer Assignment, Reassignment and reassignment Pledge has been signed by the relevant parties which Mortgage Receivables have been reassigned by the CBC to the Transferor.

Appears in 1 contract

Samples: Administration Agreement

Retransfer. If the Transferor requests for the retransfer of a Mortgage Receivable in accordance with and subject to Clause clause 5 of the Guarantee Support Agreement, the Administrator shall use its best efforts to procure that the CBC shall retransfer and re-assign such Mortgage Receivable. The Transferor has an obligation to inform or procure that the Servicer will inform, inter alia, the Administrator of such request to retransfer such Mortgage Receivable. The Administrator will notify the Servicer after the deed of retransfer and reassignment has been signed by the relevant parties which Mortgage Receivables have been reassigned by the CBC to the Transferor.

Appears in 1 contract

Samples: Administration Agreement

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Retransfer. β€Œ If the Transferor requests for the retransfer of a Mortgage Receivable in accordance with and subject to Clause 5 of the Guarantee Support Agreement, the Administrator shall use its best efforts to procure that the CBC shall retransfer and re-assign such Mortgage Receivable. The Transferor has an obligation to inform or procure that the Servicer will inform, inter alia, the Administrator of such request to retransfer such Mortgage Receivable. The Administrator will notify the Servicer after the deed of retransfer and reassignment has been signed by the relevant parties which Relevant Mortgage Receivables have been reassigned by the CBC to the Transferor.

Appears in 1 contract

Samples: Administration Agreement

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