Purchase and Sale of the Mortgage Loans and Related Rights Sample Clauses

Purchase and Sale of the Mortgage Loans and Related Rights. Upon satisfaction of the conditions set forth in Section 10 hereof, the Mortgage Loan Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate outstanding principal balance as of the Cut-off Date equal to the Cut-off Date Balance.

Purchase and Sale of the Mortgage Loans and Related Rights. (a) Upon satisfaction of the conditions set forth in Section 10 hereof, the Mortgage Loan Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate outstanding principal balance as of the Cut-off Date equal to the Cut-off Date Balance. (b) The closing for the purchase and sale of the Mortgage Loans and the closing for the issuance of the Certificates will take place on the Closing Date at the office of the Purchaser's counsel in New York, New York or such other place as the parties shall agree. (c) Upon the satisfaction of the conditions set forth in Section 10 hereof, on the Closing Date, the Purchaser shall pay to the Mortgage Loan Seller the Acquisition Price for the Mortgage Loans in immediately available funds by wire transfer to such account or accounts as shall be designated by the Mortgage Loan Seller. (d) In addition to the foregoing, on the Closing Date the Mortgage Loan Seller assigns to the Purchaser all of its right, title and interest in the Servicing Agreements (other than its right to enforce the representations and warranties set forth therein).

Purchase and Sale of the Mortgage Loans and Related Rights. (a) Upon satisfaction of the conditions set forth in Section 11 hereof, each Mortgage Loan Seller agrees to sell, and the Purchaser agrees to purchase the Mortgage Loans sold by such Mortgage Loan Seller having an aggregate outstanding principal balance as of the Cut-off Date equal to the Cut-off Date Balance, and each Mortgage Loan Seller’s interest in the Swap Agreement. (b) The closing for the purchase and sale of the Mortgage Loans and the closing for the issuance of the Certificates will take place on the Closing Date at the office of the Purchaser’s counsel in New York, New York or such other place as the parties shall agree. (c) Upon the satisfaction of the conditions set forth in Section 11 hereof, on the Closing Date, the Purchaser shall pay to each respective Mortgage Loan Seller the related Acquisition Price for the Mortgage Loans sold by such Mortgage Loan Seller in immediately available funds by wire transfer to such account or accounts as shall be designated by such Mortgage Loan Seller.

Purchase and Sale of the Mortgage Loans and Related Rights. (a) Upon satisfaction of the conditions set forth in Section 10 hereof, the Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate Cut-off Date Balance of $668,566,213. (b) The closing for the purchase and sale of the Mortgage Loans and the closing for the issuance of the Certificates will take place on the Closing Date at the office of the Purchaser's counsel in New York, New York or such other place as the parties shall agree. (c) Upon the satisfaction of the conditions set forth in Section 10 hereof, on the Closing Date, in consideration of the purchase of the Mortgage Loans, the Purchaser shall (i) pay to the Seller an amount equal to the net sale proceeds of the Offered Certificates plus accrued interest (the "Purchase Price") in immediately available funds by wire transfer to such account or accounts as shall be designated by the Seller and (ii) deliver to the Seller the Class B and Class P Certificates. (d) In addition to the foregoing, on the Closing Date the Seller assigns to the Purchaser without recourse all of its right, title and interest in (1) the Master Mortgage Loan Purchase and Servicing Agreement, dated as of April 1, 2003, between Xxxxxxx Xxxxx Mortgages Holdings Inc. ("MLMH"), Terwin Advisors LLC ("Terwin") and GreenPoint Mortgage Funding, Inc. ("GreenPoint"), as amended by Amendment No. 1, dated as of August 20, 2003 among MLMH, Terwin and GreenPoint, and the Bring-Down Letter related thereto, (2) the Assignment, Assumption and Recognition Agreement, dated as of March 31, 2006, among the Seller, the Purchaser and GreenPoint, (3) the Master Mortgage Loan Purchase and Servicing Agreement, dated as of November 1,2004, by and between Xxxxxxx Xxxxx Bank USA ("MLBUSA") and Countrywide Home Loans, Inc. ("CWHL"), as amended, (4) the Assignment, Assumption and Recognition Agreement, dated as of March 31, 2006, among the Seller, the Purchaser, CWHL and Countrywide Home Loans Servicing LP, (5) the Mortgage Loan Purchase Agreement, dated as of November 1, 2005, between the Seller and Washington Mutual Mortgage Securities Corp. ("WMMSC"), as amended, (6) the Servicing Agreement, dated as of November 1, 2005, by and between the Seller and Washington Mutual Bank ("WMB"), as amended, (7) the Assignment, Assumption and Recognition Agreement, dated as of March 31, 2006, by and among the Seller, the Purchaser, WMMSC and WMB, (8) the Bulk Sale and Transfer Addendum to the Master Loan Purchase and Sale Agreement, da...

Purchase and Sale of the Mortgage Loans and Related Rights. (a) Upon satisfaction of the conditions set forth in Section 10 hereof, the Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate Cut-off Date Balance of $830,071,972. (b) The closing for the purchase and sale of the Mortgage Loans and the closing for the issuance of the Certificates will take place on the Closing Date at the office of the Purchaser’s counsel in New York, New York or such other place as the parties shall agree. (c) Upon the satisfaction of the conditions set forth in Section 10 hereof, on the Closing Date, in consideration of the purchase of the Mortgage Loans, the Purchaser shall (i) pay to the Seller an amount equal to the net sale proceeds of the Offered Certificates plus accrued interest (the “Purchase Price”) in immediately available funds by wire transfer to such account or accounts as shall be designated by the Seller and (ii) deliver to the Seller the Class B.

Purchase and Sale of the Mortgage Loans and Related Rights. SECTION 6.1.UPON SATISFACTION OF THE CONDITIONS SET FORTH IN SECTION 10 HEREOF, THE MORTGAGE LOAN SELLER AGREES TO SELL, AND THE PURCHASER AGREES TO PURCHASE MORTGAGE LOANS HAVING AN AGGREGATE OUTSTANDING PRINCIPAL BALANCE AS OF THE CUT-OFF DATE EQUAL TO THE CUT-OFF DATE BALANCE.

Purchase and Sale of the Mortgage Loans and Related Rights. Upon satisfaction of the conditions set forth in Section 10 hereof, the Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate Cut-off Date Balance of $348,913,771.

Purchase and Sale of the Mortgage Loans and Related Rights. (a) Upon satisfaction of the conditions set forth in Section 10 hereof, the Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate outstanding principal balance as of the Cut-off Date equal to the Cut-off Date Balance. (b) The closing for the purchase and sale of the Mortgage Loans and the closing for the issuance of the Certificates will take place on the Closing Date at the office of the Purchaser’s counsel in New York, New York or such other place as the parties shall agree. (c) Upon the satisfaction of the conditions set forth in Section 10 hereof, on the Closing Date, the Purchaser shall pay to the Seller the Acquisition Price for the Mortgage Loans in immediately available funds by wire transfer to such account or accounts as shall be designated by the Seller. (d) In addition to the foregoing, on the Closing Date, the Seller assigns to the Purchaser all of its right, title and interest in the Sale and Assignment Agreement, dated as of October 31, 2005 (the “Sale and Assignment Agreement”), between the Seller and KKR Financial Corp.

Purchase and Sale of the Mortgage Loans and Related Rights. Upon satisfaction of the conditions set forth in Section 11 hereof, each Mortgage Loan Seller agrees to sell, and the Purchaser agrees to purchase the Mortgage Loans sold by such Mortgage Loan Seller having an aggregate outstanding principal balance as of the Cut-off Date equal to the aggregate Cut-off Date Balances of the Group I Loans and Group II HELOC Loans (including, with respect to the Group II HELOC Loans, all additional balances resulting from Draws made pursuant to the related Group II HELOC Loan prior to the termination of the Trust; provided however, that the Purchaser does not assume any obligation under any Group II HELOC Loan to fund any such future Draws, and the Purchaser will not be obligated or permitted to fund such future Draws).

Purchase and Sale of the Mortgage Loans and Related Rights. (a) Upon satisfaction of the conditions set forth in Section 11 hereof, the Seller agrees to sell, and the Purchaser agrees to purchase Subsequent Mortgage Loans having an aggregate outstanding principal balance as of the Subsequent Cut-off date equal to the Subsequent Subsequent Cut-off Date Balance. (a) The closing for the purchase and sale of the Subsequent Mortgage Loans and the closing for the issuance of the Certificates will take place on the Subsequent Transfer Date at the office of the Purchaser’s counsel in New York, New York or such other place as the parties shall agree. (b) Upon the satisfaction of the conditions set forth in Section 11 hereof, on the Subsequent Transfer Date, the Purchaser shall pay to the Seller the cash portion of the Acquisition Price for the Subsequent Mortgage Loans in immediately available funds by wire transfer to such account or accounts as shall be specified by the Seller. (c) Upon the satisfaction of the conditions set forth in Section 11 hereof, the Guarantor will guaranty the Seller's obligations to repurchase or substitute a Subsequent Mortgage Loan pursuant to the terms of this Agreement and the Pooling and Servicing Agreement, or indemnify and party pursuant to the terms of this Agreement.