Examples of Additional Transfer Date in a sentence
The Seller and the Purchaser understand, acknowledge and agree that, the representations and warranties set forth in this Section 3.01 are made as of the Additional Transfer Date or as of the date specifically provided herein.
In no event shall the Certificate Insurer require the Seller to repurchase, or substitute for, Additional Mortgage Loans pursuant to this Section 2.10(e) in an aggregate amount greater than 10% of the aggregate Cut-off Date Principal Balance of the Additional Mortgage Loans delivered on the applicable Additional Transfer Date.
Annexed hereto is a supplement to Schedule I to the Indenture listing the Additional Mortgage Assets to be conveyed by the Pledgor to the Indenture Trustee pursuant to this Agreement on the Additional Transfer Date.
With respect to any Additional Home Equity Loan which is transferred and assigned to the Indenture Trustee pursuant to an Additional Transfer Instrument, the close of business on the related Additional Transfer Date.
The Seller does hereby reaffirm the representations and warranties set forth in Section 2.08 of the Pooling and Servicing Agreement for the benefit of the Trustee as purchaser hereunder, and further represents and warrants that the statements set forth in Section 2.04 of the Pooling and Servicing Agreement with respect to the Mortgage Loans are true with respect to the Additional Mortgage Loans, provided, that references therein to "Closing Date" shall be deemed herein to be "Additional Transfer Date".
At such time as any Mortgage Loan becomes 90 days Delinquent, the Servicer shall make, or cause to be made, a reasonable investigation to determine whether such Mortgage Loan satisfied the representations and warranties of the Seller set forth in Section 2.07 hereof as of the Closing Date or the related Additional Transfer Date; provided, however, that only one such investigation shall be required for any Initial Mortgage Loan or Additional Mortgage Loan.
The related Mortgage File for each Additional Mortgage Loan shall be delivered to the Trustee or Custodian on the Trustee's behalf at least three Business Days prior to the related Additional Transfer Date.
In consideration of the sale of the Additional Group 3 Mortgage Loans from the Seller to the Purchaser on the Additional Transfer Date, the Purchaser agrees to pay $[__________] on the Additional Transfer Date (the "Additional Group 3 Mortgage Loans Purchase Price").
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Upon discovery or receipt of notice of any materially defective document in, or that a document is missing from, a Mortgage File, the Seller shall have 120 days to cure such defect or 150 days following the Closing Date (or the applicable Additional Transfer Date, with respect to the Additional Mortgage Loans), in the case of missing Mortgages or Assignments or deliver such missing document to the Trustee, or the Custodian on the Trustee's behalf.