Master Loan Sale Agreement definition

Master Loan Sale Agreement. That certain Master Loan Sale Agreement, dated as of the Closing Date, as amended from time to time in accordance with the terms thereof, by and among the Transferor, the Depositor and the Issuer whereby the Transferor will sell and/or contribute to the Depositor, and the Depositor will sell and/or contribute to the Issuer, without recourse except as set forth therein, all of the right, title and interest of the Transferor and the Depositor, as applicable, in and to the Collateral Obligations and the proceeds thereof.

Master Loan Sale Agreement means this Master Loan Sale Agreement, of which the Adoption Agreement forms a part by reference.

Master Loan Sale Agreement means the Master Loan Sale Agreement, dated July 25, 2008, together with the related adoption agreement among the Department, the Sponsor, and the Eligible Lender Trustee (if applicable).

Examples of Master Loan Sale Agreement in a sentence

• By its execution of this Agreement each of the parties hereto makes the representations and warranties set forth in Article III of the Master Loan Sale Agreement, as applicable, as of the Cut-Off Date and the provisions of Section 8.14 of the Master Loan Sale Agreement are hereby incorporated herein by reference.

• The purchase price for each Collateral Obligation sold pursuant to this Master Loan Sale Agreement shall be a dollar amount equal to the fair market value thereof as determined by the Seller, the Intermediate Seller and/or the Buyer, as applicable, and shall be on terms no less favorable to the buyer than such buyer would then obtain in a comparable arm’s length transaction with a person that is not an Affiliate (in each case, the “Purchase Price”).

• The Collateral Manager shall perform its obligations hereunder, under the Master Loan Sale Agreement and under the Indenture in accordance with the terms of this Agreement and the terms of the Master Loan Sale Agreement and the Indenture applicable to it.

• This Agreement, the Indenture and the Master Loan Sale Agreement contain the entire agreement and understanding among the parties hereto with respect to the subject matter hereof, and supersede all prior and contemporaneous agreements, understandings, inducements and conditions, express or implied, oral or written, of any nature whatsoever with respect to the subject matter hereof.

• If the invalidity of any part, provision, representation or warranty of this Master Loan Sale Agreement shall deprive any party of the economic benefit intended to be conferred by this Master Loan Sale Agreement, the parties shall negotiate, in good-faith, to develop a structure the economic effect of which is nearly as possible the same as the economic effect of this Master Loan Sale Agreement without regard to such invalidity.

More Definitions of Master Loan Sale Agreement

Master Loan Sale Agreement or “2009 Master Loan Sale Agreement” means the Master Loan Sale Agreement dated January 1, 2009, together with the related adoption agreement among the Department, the Sponsor, and the Eligible Lender Trustee (if applicable).

Master Loan Sale Agreement means the Master Loan Sale and Contribution Agreement, dated as of May 16, 2005 between the Originators and the Sellers.

Master Loan Sale Agreement. Collectively, the Transferor/Depositor Master Loan Sale Agreement and the Depositor/Issuer Master Loan Sale Agreement, each dated as of the Refinancing Date.

Master Loan Sale Agreement. The master loan sale agreement, dated as of the Closing Date, between the Transferor and the Issuer relating to the transfer of certain Collateral Obligations by the Transferor to the Issuer, as amended from time to time in accordance with the terms hereof and thereof. “Master Participation Agreement”: A master participation agreement, dated prior to the Closing Date, between the Issuer and a special purpose entity managed by the Collateral Manager, as participation seller. “Maturity”: With respect to any Note, the date on which the unpaid principal of such Note becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise. “Maturity Amendment”: With respect to any Collateral Obligation, any waiver, modification, amendment or variance that would extend the stated maturity date of such Collateral Obligation. For the avoidance of doubt, a waiver, modification, amendment or variance that would

Master Loan Sale Agreement. Collectively, the Transferor/Depositor Master Loan Sale Agreement and the Depositor/Issuer Master Loan Sale Agreement.

Master Loan Sale Agreement has the meaning specified in Section 5.16.

Master Loan Sale Agreement means the Master Loan Sale Agreement, dated as of December 13, 2005 among NYMC and Seller, as the same may be amended, modified or supplemented from time to time.