Common use of Transfer of Substitute Loans Clause in Contracts

Transfer of Substitute Loans. Subject to and upon the terms and conditions set forth in Section 2.04 of the ACAS Transfer Agreement and this Agreement, the Originator hereby sells, transfers, assigns, sets over and otherwise conveys to the Trust Depositor, in consideration of the Trust Depositor’s [(x)] payment of $[ ] as the purchase price therefor, [representing the prepayment proceeds received with respect to the related Substitution Event (if applicable) or (y) release and redelivery to the Originator of the related Loan Assets with respect to which a Substitution Event has occurred (if applicable),] all of the Originator’s rights, title and interests in:

Appears in 4 contracts

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)

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Transfer of Substitute Loans. Subject to and upon the terms and conditions set forth in Section 2.04 of the ACAS Transfer Agreement and this Agreement, the Originator hereby sells, transfers, assigns, sets over and otherwise conveys to the Trust Depositor, in consideration of the Trust Depositor’s [(x)] ) payment of $[ ] as the purchase price therefor, [representing the prepayment proceeds received with respect to the related Substitution Event (if applicable) or (y) release and redelivery to the Originator of the related Loan Assets with respect to which a Substitution Event has occurred (if applicable),] , all of the Originator’s rights, title and interests in:

Appears in 1 contract

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD)

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Transfer of Substitute Loans. Subject to and upon the terms and conditions set forth in Section 2.04 of the ACAS Transfer Agreement and this Agreement, the Originator hereby sells, transfers, assigns, sets over and otherwise conveys to the Trust Depositor, in consideration of the Trust Depositor’s ['s (x)] ) payment of $[ ] $ as the purchase price therefor, [representing the prepayment proceeds received with respect to the related Substitution Event (if applicable) or (y) release and redelivery to the Originator of the related Loan Assets with respect to which a Substitution Event has occurred (if applicable),] , all of the Originator’s 's rights, title and interests in:

Appears in 1 contract

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD)

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