MSR Purchase Agreement definition

MSR Purchase Agreement means the Services Rights Purchase and Sale Agreement, dated as of the date hereof, by and among the FAR and AAG, as may be amended, supplemented or otherwise modified from time to time.

MSR Purchase Agreement means that certain Agreement for the Purchase and Sale of Servicing Rights, dated as of December 28, 2016, by and between New Residential Mortgage LLC, PHH Mortgage Corporation and, solely for the limited purposes set forth therein, the Company.

MSR Purchase Agreement is defined in the recitals to this Agreement.

Examples of MSR Purchase Agreement in a sentence

• All Closings (as the term “Closing” or “Closings” is defined the Asset Sale Transactions Agreements) of the Asset Sale Transactions (other than the transactions contemplated by the MSR Purchase Agreement) shall have occurred.

• Capitalized terms used but not defined herein shall have the meaning set forth in the MSR Purchase Agreement or, if not defined therein, in any applicable Sale Supplement.

• Seller, Holdings, and Buyer desire to amend the MSR Purchase Agreement and Sale Supplements on the terms and conditions set forth herein.

• Such relief shall be in addition to, and not in lieu of, all other remedies available at law or in equity to each party under this Agreement, the Master Agreement, the MSR Purchase Agreement, the Sale Supplements, the Transfer Agreement, the NRM Subservicing Agreement or any agreement related thereto.

• The related Seller fails to purchase the MSR (as defined in the related MSR Purchase Agreement) within five (5) Business Days of receipt of notice of an occurrence of an MSR Purchase Trigger Event (as defined in the related MSR Purchase Agreement).

• In respect of the following categories of items, Purchaser will consider offers for products with ISI Mark only: 1.

• The Commission observes that the compensation payable to AP, for the use of the Rainbow units, is still outstanding.

• The Seller shall continue to service (or, as applicable, shall continue to cause to have serviced) the Mortgage Loans pursuant to the terms and conditions of the MSR Purchase Agreement, the applicable Sale Supplements and in compliance with all Applicable Requirements and Accepted Servicing Practices, up to the transfer of the Servicing Rights on the applicable Transfer Date.

• The parties agree that the language used in this Amendment, the MSR Purchase Agreement, and the Sale Supplements is the language chosen by the parties to express their mutual intent and that no rule of strict construction is to be applied against either party.

• This Amendment, the MSR Purchase Agreement, and the Sale Supplements set forth the entire agreement and understanding of the parties hereto with respect to the transactions contemplated hereby and thereby and supersede any and all prior agreements, arrangements and understandings, both written and oral, between the parties relating to the subject matter hereof and thereof.

More Definitions of MSR Purchase Agreement

MSR Purchase Agreement. The Master Servicing Rights Purchase Agreement, dated as of October 1, 2012, as supplemented from time to time by related Sale Supplements, by and among OLS, HLSS and MSR – EBO, as amended by the Master Agreement and as further amended, restated, supplemented or otherwise modified from time to time.

MSR Purchase Agreement. As defined in the Master Agreement.

MSR Purchase Agreement means the Services Rights Purchase and Sale Agreement, dated as of the date hereof, by and among the FAR and AAG, as may be amended, supplemented or otherwise modified from time to time. “NYSE” means the New York Stock Exchange.

MSR Purchase Agreement. In connection with an Investment Opportunity, the agreement to purchase mortgage servicing rights, entered into by the Payor or its Affiliate and the related MSR Seller.

MSR Purchase Agreement means that certain Servicing Rights Purchase and Sale Agreement, dated as of the date hereof, by and between Buyer and Seller, as may be amended, supplemented or otherwise modified from time to time. “MSR Sale” has the meaning ascribed to the term ‘Transaction’ under the MSR Purchase Agreement. “Multiemployer Plan” means a “multiemployer plan,” as defined in Section 4001(a)(3) of ERISA. “Owned Intellectual Property” means Intellectual Property owned or purported to be owned by Seller and its Subsidiaries, which for the avoidance of doubt, includes all Trademarks that include the term “American Advisors Group,” “AAG” trademark and any variations thereof. “Parties” means the parties to this Agreement. “Permitted Encumbrances” means (a) Encumbrances for Taxes and other charges and assessments by Governmental Authorities that are not yet due and payable or that are being contested in good faith by appropriate proceedings and for which adequate reserves have been established in accordance with GAAP, (b) Encumbrances of landlords and Encumbrances of carriers, warehousemen, mechanics and materialmen and other like Encumbrances arising in the ordinary course of business for sums not yet due and payable or which are being contested in good faith by appropriate proceedings and for which adequate reserves have been established in accordance with GAAP and (c) other Encumbrances or imperfections on property that do not materially detract from the value of or materially impair the existing use of the property affected by such Encumbrance or imperfection.