Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitment, Seller shall arrange that all payments under the related takeout commitment shall be paid directly to the Buyer or to an account approved by the Buyer in writing prior to such payment. (bb)
Appears in 2 contracts
Samples: Master Repurchase Agreement (Finance of America Companies Inc.), Master Repurchase Agreement (Finance of America Companies Inc.)
Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitment, Seller shall arrange that all payments under the related takeout commitment shall be paid directly to the Buyer or to an account approved by the Buyer in writing prior to such payment. (bb).
Appears in 2 contracts
Samples: Master Repurchase Agreement (Finance of America Companies Inc.), Master Repurchase Agreement (Finance of America Companies Inc.)
Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitmentTakeout Commitment, the Seller shall arrange that all payments under the related takeout commitment Takeout Commitment shall be paid directly to the Buyer at the account set forth in Section 9 hereof, or to an account approved by the Buyer in writing prior to such payment. (bb).
Appears in 1 contract
Samples: Master Repurchase Agreement (Taberna Realty Finance Trust)
Takeout Payments. With respect to each Purchased Mortgage Loan subject to a takeout commitmentTakeout Commitment, Seller the Sellers shall arrange that all payments under the related takeout commitment Takeout Commitment shall be paid directly to the Buyer at the account set forth in Section 9 hereof, or to an account approved by the Buyer in writing prior to such payment. (bb).
Appears in 1 contract
