PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • January 5th, 2007 • Municipal Mortgage & Equity LLC • Real estate • Maryland
THIS PURCHASE AND SALE AGREEMENT is made as of the 29th day of December 2006, by and among MRC Mortgage Grantor Trust I, a statutory trust formed under the laws of the State of Delaware (“Grantor Trust"), and MRC Mortgage Investment Trust Cayman Holding I, LTD., a Cayman Islands exempted company (“Cayman Co.”; and Grantor Trust and Cayman Co. being collectively referred to as “Assignees”), on the one hand, and MMA Construction Finance, LLC, a Maryland limited liability company (“MMCF”), and MMA Mortgage Investment Corporation, a Florida corporation (“MMIC”; and MMCF and MMIC being collectively referred to as “Assignors”), on the other hand. Certain capitalized terms used herein are defined in Article I.
