Guarantor Purchased Loans definition
Examples of Guarantor Purchased Loans in a sentence
Nothing in this Agreement is intended to limit the Guarantor from entering into a servicing agreement with the Replacement Servicer to provide for the servicing of the Guarantor Purchased Loans and their Related Security on substantially the same terms as the Servicing Agreement.
Where Loans and their Related Security sold to the Guarantor by the Seller are secured by Shared Security which may from time to time also secure other loans, indebtedness or liabilities including Seller Retained Loans not sold to the Guarantor, such Loans shall be deemed to be Guarantor Purchased Loans and subject to the terms of this Agreement.
For greater certainty the Guarantor shall not sell any Guarantor Purchased Loans and their Shared Security until five Business Days following notice to the relevant Seller that it intends to sell such Loans and their Shared Security.
For greater certainty the Guarantor shall not sell any Guarantor Purchased Loans and their Shared Security until five Business Days following notice to the Seller that it intends to sell such Loans and their Shared Security.
Where Loans and their Related Security sold to the Guarantor by the Seller are secured by Shared Security which may from time to time also secure other loans, indebtedness or liabilities including Seller Retained Loans or Originator Retained Loans not sold to the Guarantor, such Loans shall be deemed to be Guarantor Purchased Loans and subject to the terms of this Agreement.
Where any Loans and their Related Security sold to the Guarantor by the Seller are secured by Shared Security which may from time to time also secure other loans, indebtedness or liabilities including Seller Retained Loans not sold to the Guarantor, such Loans shall be deemed to be Guarantor Purchased Loans and subject to the terms of this Agreement.
Where Loans and their Related Security sold to the Guarantor by the Seller are secured by Shared Security which may from time to time also secure other loans, indebtedness or liabilities including Originator Retained Loans not sold to the Guarantor, such Loans shall be deemed to be Guarantor Purchased Loans and subject to the terms of this Agreement.
For greater certainty the Guarantor shall not sell any Guarantor Purchased Loans and their Shared Security until five Canadian Business Days following notice to the relevant Seller that it intends to sell such Loans and their Shared Security.