Purchase Certificate definition
Examples of Purchase Certificate in a sentence
See Form FT-123, ▇▇▇ Agent or Project Operator Exempt Purchase Certificate for Fuel.
Power Purchase Certificate ............................................................................
Within five Business Days of its receipt of any Required Loan Document, the Collateral Custodian shall review the related Required Loan Documents to verify that such Required Loan Documents have been executed and have no missing or mutilated pages and to confirm that such Loan is referenced on the related list of Loans delivered in connection with the related Purchase Certificate.
Customer will be billed for fees and related costs/charges on a monthly, quarterly or annual basis, as described in the Purchase Certificate or as otherwise agreed.
The interest payable to Lender shall be the Note’s face value interest rate less a servicing spread retained by Loan Servicer as its fee, if applicable and indicated on the Loan Purchase Certificate, the “Loan Servicer Fee”.
If such agreement exists documented by a repurchase amount provision in the Loan Purchase Certificate and accompanying schedules, such provision contained therein governs the repurchase amount, if any.
If a repurchase purchase amount provision is specified in the Loan Purchase Certificate and accompanying schedules, Seller warrants that if Borrower is in default under the Loan for SIXTY (60) days or more, within FIVE (5) years from the date of the Loan Purchase Certificate, and upon written request by Buyer, Seller shall purchase the Loan in an amount defined therein.
If the parties have agreed to repurchase terms, the Lender may reassign the Loan and its related documents to the Seller by providing written notice to Loan Servicer pursuant to terms in the Master Loan Purchase Agreement and Loan Purchase Certificate.
As an agent of the Agency, the Company agrees that it will, and will cause each Subagent to, present to each seller or vendor a completed and signed Form ST-123, "▇▇▇ Agent or Project Operator Exempt Purchase Certificate," attached hereto as Exhibit C-1, for each contract, agreement, invoice, bill or purchase order entered into by the Company or by any Subagent, as agent for the Agency, for the purpose of undertaking the Project1.
Notwithstanding that any Definitive Purchase Certificate has not been surrendered after notice and deposit of the Acquisition Price as provided above, on the Acquisition Date the Trustee shall cancel such Certificate and effect a transfer of such Certificate (or interest therein) to LPTSI, which shall thereafter (unless it transfers such Certificate in accordance with this Agreement) be the Holder (or Certificate Owner) of such Certificate for all purposes.