Examples of MSBNA in a sentence
The Purchaser intends to transfer the VRR Interest to Xxxxxx Xxxxxxx Bank, N.A. (“MSBNA”), JPMorgan Chase Bank, National Association, Bank of America, National Association and Xxxxx Fargo Bank, National Association pursuant to the VRR Interest Transfer Agreement, dated as of the date hereof (the “VRR Interest Transfer Agreement”), between the Depositor, MSBNA, JPMorgan Chase Bank, National Association, Bank of America, National Association and Xxxxx Fargo Bank, National Association.
The Mortgage Loan Seller hereby directs the Purchaser to transfer the portion of the VRR Interest referenced above directly to MSBNA.
The purchase price for the Mortgage Loans shall be a combination of (i) the portion of the VRR Interest transferred to MSBNA pursuant to the VRR Interest Transfer Agreement and (ii) a cash amount set forth on the cross receipt between the Mortgage Loan Seller and the Purchaser dated the Closing Date (which price reflects no deduction for any transaction expenses for which the Mortgage Loan Seller is responsible).