Common use of Whole Loan Transfers; Agency Transfers or Pass-Through Transfers Clause in Contracts

Whole Loan Transfers; Agency Transfers or Pass-Through Transfers. Seller and Purchaser agree that with respect to some or all of the Mortgage Loans, upon written notice to Seller at least eleven (11) days prior to the first Due Period of such Whole Loan Transfer, Agency Transfer or Pass Through-Transfer, provided Purchaser provides to Seller all information included on Exhibit K hereto with such notice, Purchaser may effect either one or more Whole Loan Transfers, and/or one or more Pass-Through Transfers.

Appears in 3 contracts

Samples: Purchase and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust), Purchase and Servicing Agreement (Lehman Sarm 2005-5), Flow Mortgage Loan Purchase and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2004-15)

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Whole Loan Transfers; Agency Transfers or Pass-Through Transfers. Seller and Purchaser agree that with respect to some or all of the Mortgage Loans, Loans upon written notice to Seller at least eleven seven (117) days prior to the first day of the first Due Period of such Whole Loan Transfer, Agency Transfer or Pass Through-Transfer, provided Purchaser provides to Seller all information included on Exhibit K L hereto with such notice, Purchaser may effect either one or more Whole Loan Transfers, one or more Agency Transfers and/or one or more Pass-Through Transfers.

Appears in 2 contracts

Samples: Master Mortgage Loan Purchase and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-6), Letter Agreement (Citigroup Mortgage Loan Trust 2006-Ar7)

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