Purchased Agency Security definition

Purchased Agency Security means each Agency Security that is subject to a Transaction and which has not been repurchased by Seller hereunder.

Examples of Purchased Agency Security in a sentence

  • If not required by Buyer prior to entering into a Transaction, Seller shall enter into an Agency Security Purchase Commitment with a Takeout Broker Dealer for each Purchased Agency Security upon Buyer’s request.

  • If required by Buyer prior to entering into a Transaction, Seller shall enter into the required Agency Security Purchase Commitment for each Purchased Agency Security.

Related to Purchased Agency Security

  • Agency Security means a mortgage-backed security issued by an Agency.

  • Related Security means, with respect to any Receivable:

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.