Purchase Price Increase Date definition

Purchase Price Increase Date means the date on which a Purchase Price Increase is made.

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Purchase Price Increase Date means the date on which a Contributed Asset is transferred to the REO Subsidiary, and/or a Purchase Price Increase is made with respect thereto.

Purchase Price Increase Date means the date on which a Purchase Price Increase is made with respect to an Eligible Mortgage Loan, an Eligible Rental Property or an Eligible REO Property.

Examples of Purchase Price Increase Date in a sentence

The applicable representations and warranties set forth on Schedule 1 attached hereto with respect to each Purchased Asset, Underlying Mortgage Loan and Underlying REO Property sold to Buyer in or otherwise subject to a Transaction hereunder are true, complete and correct, except as has been disclosed to Repo Agent in an Asset Detail and Exception Report delivered to Repo Agent prior to the related Purchase Date or Purchase Price Increase Date, as applicable.
Seller fails to transfer the related Purchased Assets to Buyer on or prior to the applicable Purchase Date or Purchase Price Increase Date (or with respect to Underlying Mortgage Loans and Underlying REO Properties, fails to transfer such Underlying Mortgage Loans and any applicable Underlying REO Properties to the Mortgage Subsidiary as contemplated herein or with respect to Underlying REO Properties, fails to transfer such Underlying REO Properties to the REO Subsidiary as contemplated herein).
The Seller has delivered to Repo Agent each Servicing Agreement pertaining to the Underlying Mortgage Loans and Underlying REO Properties and, to Seller’s knowledge, as of the date of this Agreement and as of the Purchase Date for the purchase of any Purchased Assets and as of each Purchase Price Increase Date, such Servicing Agreement is in full force and effect in accordance with its terms.
The Seller makes the following representations and warranties to the Buyer, with respect to the Mortgage Loans owned or deemed owned by the Mortgage Subsidiary, that as of the Purchase Price Increase Date for the acquisition of Mortgage Loans by the Mortgage Subsidiary and as of the date of this Agreement and any Transaction hereunder relating to any Mortgage Subsidiary Interests is outstanding and on each day while the Program Agreements and any Transaction hereunder is in full force and effect.

More Definitions of Purchase Price Increase Date

Purchase Price Increase Date means the date on which a Purchase Price Increase is made with respect to a Trust Mortgage Loan or a REO Property.

Purchase Price Increase Date means, with respect to the Purchased Certificate, the date on which a Purchase Price Increase occurs with respect thereto.

Purchase Price Increase Date shall have the meaning set forth in Section 3(c)(vi).

Purchase Price Increase Date. The date on which a Purchase Price Increase is made. “Servicer”: (i) FCI Lender Services, Inc. or (ii) such other entity responsible for servicing of the Purchased Mortgage Loans and that has been approved by Secured Party, on behalf of Buyers, in writing, or, in each case, any successor or permitted assigns thereof. “Servicing Agreement”: If the Purchased Mortgage Loans are serviced by any servicer that is not Secured Party or an Affiliate of Secured Party, in each case, the agreement with the third party servicer, in form and substance acceptable to Secured Party, on behalf of Buyers. “Servicing Records”: All servicing agreements, files, documents, records, data bases, computer tapes, copies of computer tapes, proof of insurance coverage, insurance policies, appraisals, other closing documentation, payment history records, and any other records relating to or evidencing the servicing of a Mortgage Loan. “Servicing Rights”: The contractual, possessory or other rights of Debtor, Servicer or any other Person, whether arising under a Servicing Agreement, the Custodial Agreement or otherwise, to administer or service a Mortgage Loan or to possess related Servicing Records.

Purchase Price Increase Date means, with respect to REO Subsidiary Interests, the date on which

Purchase Price Increase Date. The date on which a Purchase Price Increase is made. “Purchased Assets”: Purchased Mortgage Loans. “Purchased Items”: All now existing and hereafter arising right, title and interest of Seller in, under and to the following: (a) all Purchased Mortgage Loans, now owned or hereafter acquired for which a Transaction has been entered into between Administrative Agent, on behalf of Buyers, and Seller hereunder and for which the Repurchase Price has not been received by Administrative Agent, on behalf of Buyers, including all Mortgage Notes and Mortgages evidencing such Mortgage Loans and the related Mortgage Loan Documents, which, from time to time, are delivered, or caused to be delivered, to Administrative Agent, on behalf of Buyers (including delivery to a custodian or other third party on behalf of Administrative Exhibit A-20 Agent and Buyers) as additional security for the performance of Seller’s obligations hereunder; (b) all Income related to the Purchased Assets and all rights to receive such Income; (c) if applicable, all amounts on deposit in the Collateral Account relating directly to the Purchased Mortgage Loans; (d) all now existing and hereafter arising rights of Seller to service, administer and/or collect on the Purchased Assets hereunder and any and all rights to the payment of monies on account thereof; (e) all Servicing Rights related to the Purchased Mortgage Loans, all related Servicing Records, and all rights of Seller to receive from any third party or to take delivery of any Servicing Records or other documents which constitute a part of the Mortgage Loan Files, including without limitation, the Other Mortgage Loan Documents, in each case, relating to the Purchased Mortgage Loans; (f) all now existing and hereafter arising accounts, contract rights and general intangibles constituting or relating to any of the Purchased Assets; (g) all rights, but not any obligations or liabilities, of Seller relating to the Purchased Mortgage Loans with respect to the Approved Investor; (h) all documents, files, surveys, certificates, correspondence, appraisals, computer programs, tapes, discs, cards, accounting records and other information and data of Seller relating to Purchased Assets; (i) all property of Seller, in any form or capacity now or at any time hereafter in the possession or control of Administrative Agent, on behalf of Buyers, relating to the Purchased Mortgage Loans; (j) all Proceeds of the Purchased Assets; (k) any funds of Seller at a...

Purchase Price Increase Date means the date upon which Administrative Agent on behalf of Buyers and Seller effectuate a Purchase Price Increase.