Subsequent Mortgage Loan Schedule. The Purchaser and the Seller have agreed upon which of the mortgage loans owned by the Seller are to be purchased by the Purchaser pursuant to this Agreement and the Seller will prepare or cause to be prepared on or prior to the Subsequent Transfer Date a final schedule (the "Closing Schedule") that shall describe such Subsequent Mortgage Loans and set forth all of the Subsequent Mortgage Loans to be purchased under this Agreement. The Closing Schedule will conform to the requirements set forth in this Agreement and to the definition of "Mortgage Loan Schedule" under the Pooling and Servicing Agreement. The Closing Schedule shall be appended to the Mortgage Loan Schedule under the Pooling and Servicing Agreement.
Appears in 2 contracts
Samples: Subsequent Transfer Instrument (New Century Asset Backed Float Rate Cert Series 1997-Nc4), Subsequent Transfer Instrument (New Century Asset Backed Floating Rate Cert Ser 1998-Nc1)
Subsequent Mortgage Loan Schedule. The Purchaser and the Seller have agreed upon which of the mortgage loans owned by the Seller are to be purchased by the Purchaser pursuant to this Agreement and the Seller will prepare or cause to be prepared on or prior to the Subsequent Transfer Closing Date a final schedule (the "Closing Schedule") that together shall describe such Subsequent Mortgage Loans and set forth all of the Subsequent Mortgage Loans to be purchased under this Agreement. The Closing Schedule will conform to the requirements set forth in this Agreement and to the definition of "Mortgage Loan Schedule" under the Pooling and Servicing Agreement. The Closing Schedule shall be appended to the Mortgage Loan Schedule under the Pooling and Servicing Agreement.
Appears in 2 contracts
Samples: Subsequent Transfer Instrument (Salomon Bro Mort Sec Vii Inc as Bk Fix & Fl Rte Ce Se 1996-8), Subsequent Transfer Instrument (Salomon Bro Mort Sec Vii Inc as Bk Fix & Fl Rte Ce Se 1996-8)
