Transferor. For purposes of Article XIV, (a) a Person, acting in its capacity as principal, that transfers Mortgage Loans to the Issuer for securitization in exchange for cash or Certificates, or a combination of cash and Certificates; or (b) in the case of a Pool of PFP Loans, the Issuer. This definition of Transferor will be interpreted in a manner consistent with the requirements of GAAP and any other relevant authoritative accounting literature, as such requirements are applicable from time to time.
Appears in 4 contracts
Sources: Second Amended and Restated 2016 Single Family Master Trust Agreement, Single Family Master Trust Agreement, Master Trust Agreement
Transferor. For purposes of Section 2.5 and Article XIV, (a) a Person, acting in its capacity as principal, that transfers Mortgage Loans to the Issuer for securitization in exchange for cash or Certificates, or a combination of cash and Certificates; or (b) in the case of a Pool of PFP Loans, the Issuer. This definition of Transferor will be interpreted in a manner consistent with the requirements of GAAP and any other relevant authoritative accounting literature, as such requirements are applicable from time to time.
Appears in 4 contracts
Sources: Master Trust Agreement, Multifamily Master Trust Agreement, 2021 Multifamily Master Trust Agreement
Transferor. For purposes of Section 2.5 and Article XIV, (a) a Person, acting in its capacity as principal, that transfers Mortgage Loans to the Issuer for securitization in exchange for cash or Certificates, or a combination of cash and Certificates; or (b) in the case of a Pool of PFP Loans, the Issuer. This definition of Transferor will be interpreted in a manner consistent with the requirements of GAAP FAS 140 and any other relevant authoritative accounting literature, as such requirements are applicable from time to time.
Appears in 3 contracts
Sources: Second Amended and Restated 2007 Multifamily Master Trust Agreement, 2007 Multifamily Master Trust Agreement, 2009 Multifamily Master Trust Agreement
Transferor. For purposes of Section 2.5 and Article XIV, (a) a Person, acting in its capacity as principal, that transfers Mortgage Loans to the Issuer for securitization in exchange for cash or Certificates, or a combination of cash and Certificates; or (b) in the case of a Pool of PFP Loans, the Issuer. This definition of Transferor will be interpreted in a manner consistent with the requirements of GAAP and any other relevant authoritative accounting literature, as such requirements are applicable from time to time.the
Appears in 1 contract
Sources: Amended and Restated 2021 Multifamily Master Trust Agreement