Common use of Special Pool Purchase Contract Clause in Contracts

Special Pool Purchase Contract. The Borrower acknowledges that Fxxxxx Mae is entering into an agreement with the Lender (“Special Pool Purchase Contract”), pursuant to which, inter alia, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx Mxx, (ii) Fxxxxx Mae shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note or the Revolving Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx all of the Lender’s interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges that Fxxxxx Mae Xxxxxx Xxx is entering into an agreement with the Lender (“Special Pool Purchase Contract”), pursuant to which, inter alia, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxXxxxxx Mae, (ii) Fxxxxx Mae Xxxxxx Xxx shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae Xxxxxx Xxx MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Fixed Facility Note or the Revolving Variable Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Mae all of the Lender’s interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges that Fxxxxx Xxxxxx Mae is entering into an agreement with the Lender (“"Special Pool Purchase Contract”"), pursuant to which, inter alia, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxXxxxxx Xxx, (ii) Fxxxxx Mae Xxxxxx Xxx shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth contained in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae an MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Fixed Facility Note or the Revolving Variable Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Xxx all of the Lender’s 's interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges Parties acknowledge that Fxxxxx Xxxxxx Mae is entering into an agreement with the Lender (“Special Pool Purchase Contract”the "SPECIAL POOL PURCHASE CONTRACT"), pursuant to which, inter aliaINTER ALIA, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxXxxxxx Xxx, (ii) Fxxxxx Xxxxxx Mae shall agree to accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Xxx shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Xxxxxx Mae MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note or evidencing the Revolving Facility Note, as the case may be, Advance and the Collateral Pool securing the NotesBase Facility Note, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Xxx all of the Lender’s 's interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges TC Parties acknowledge that Fxxxxx Mae Fannxx Xxx is entering into an agreement with the Lender (“Special Pool Purchase Contract”the "SPECIAL POOL PURCHASE CONTRACT"), pursuant to which, inter aliaINTER ALIA, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxFannxx Xxx, (iixi) Fxxxxx Mae shall Fannxx Xxx xxxll accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Fannxx Xxx shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae MBSFannxx Xxx XXX, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note Notes or the Revolving Facility Note, as the case may be, and the Collateral Pool securing the NotesNotes and the Guaranties, (iv) the Lender shall agree to assign to Fxxxxx Mxx Fannxx Xxx all of the Lender’s 's interest in the Notes and Collateral Pool securing the NotesNotes and the Guaranties, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges Parties acknowledge that Fxxxxx Mae is Fannxx Xxx xx entering into an agreement with the Lender (“"Special Pool Purchase Contract”"), pursuant to which, inter alia, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxFannxx Xxx, (ii) Fxxxxx Mae shall Fannxx Xxx xxxll accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Fannxx Xxx shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae MBSFannxx Xxx XXX, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note or the Revolving Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Fannxx Xxx all of the Lender’s 's interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges that Fxxxxx ------------------------------ Xxxxxx Mae is entering into an agreement with the Lender (“"Special Pool Purchase --------------------- Contract”"), pursuant to which, inter alia, (i) the Lender shall agree to assign -------- ---------- all of its rights under this Agreement to Fxxxxx MxxXxxxxx Xxx, (ii) Fxxxxx Mae Xxxxxx Xxx shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae Xxxxxx Xxx MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note or the Revolving Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Mae all of the Lender’s 's interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges TC Parties ------------------------------ acknowledge that Fxxxxx Xxxxxx Mae is entering has entered into an agreement with the Lender (“the "Special Pool Purchase Contract”"), pursuant to which, inter alia, (i) the Lender shall agree to assign ------------------------------ ----- ---- assigned all of its rights under this Agreement to Fxxxxx MxxXxxxxx Xxx, (ii) Fxxxxx Mae shall accept Xxxxxx Xxx accepted the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae Xxxxxx Xxx MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note Notes or the Revolving Facility Note, as the case may be, and the Collateral Pool securing the NotesNotes and the Guaranties, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Mae all of the Lender’s 's interest in the Notes and Collateral Pool securing the NotesNotes and the Guaranties, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges AIMCO Parties acknowledge that Fxxxxx Xxxxxx Mae is entering into an agreement with the Lender (“Special Pool Purchase Contract”the "SPECIAL POOL PURCHASE CONTRACT"), pursuant to which, inter aliaINTER ALIA, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxXxxxxx Xxx, (ii) Fxxxxx Mae Xxxxxx Xxx shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae Xxxxxx Xxx MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Facility Note or the Revolving Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Mae all of the Lender’s 's interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges that Fxxxxx Xxxxxx Mae is entering into an agreement with the Lender (“"Special Pool Purchase Contract”"), pursuant to which, inter alia, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxXxxxxx Xxx, (ii) Fxxxxx Mae Xxxxxx Xxx shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth contained in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by (a) issuing to the Lender a Fxxxxx Mae an MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Fixed Facility Note or the Revolving Variable Facility Note, as the case may be, and the Collateral Pool securing the Notes or (b) paying cash to Lender in the amount equal to the Advance purchased and backed by any interest in the Fixed Facility Note and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Xxx all of the Lender’s 's interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.

Special Pool Purchase Contract. The Borrower acknowledges Parties acknowledge that Fxxxxx Mae Xxxxxx Xxx is entering into an agreement with the Lender (“Special Pool Purchase Contract”), pursuant to which, inter alia, (i) the Lender shall agree to assign all of its rights under this Agreement to Fxxxxx MxxXxxxxx Mae, (ii) Fxxxxx Mae Xxxxxx Xxx shall accept the assignment of the rights, (iii) subject to the terms, limitations and conditions set forth in the Special Pool Purchase Contract, Fxxxxx Mxx Xxxxxx Mae shall agree to purchase a 100% participation interest in each Advance issued under this Agreement by issuing to the Lender a Fxxxxx Mae Xxxxxx Xxx MBS, in the amount and for a term equal to the Advance purchased and backed by an interest in the Base Fixed Facility Note or the Revolving Variable Facility Note, as the case may be, and the Collateral Pool securing the Notes, (iv) the Lender shall agree to assign to Fxxxxx Mxx Xxxxxx Mae all of the Lender’s interest in the Notes and Collateral Pool securing the Notes, and (v) the Lender shall agree to service the loans evidenced by the Notes.