Common use of Timing of Seller's Repurchase and Replacement Obligations Clause in Contracts

Timing of Seller's Repurchase and Replacement Obligations. Seller must complete its repurchase and replacement obligations pursuant to this Article V within five (5) days of the expiration of the cure period set forth in Section 5.6(a) or within ten (10) days following the date at which a Contract becomes delinquent for thirty (30) days as set forth in Section 5.6(b).

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

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Timing of Seller's Repurchase and Replacement Obligations. Seller must complete its repurchase and replacement obligations pursuant to this Article V 5 within five (5) days of the expiration of the cure period set forth in Section 5.6(a) or within ten (10) days following the date at which a Contract becomes delinquent for thirty (30) days as set forth in Section 5.6(b).

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

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