Purchased Asset Documents definition

Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

Purchased Asset Documents. Individually or collectively, as the context may require, the related Mortgage Loan Documents, Mezzanine Loan Documents and/or the related Senior Interest Documents.

Purchased Asset Documents means, with respect to a Purchased Asset, the documents specified in Schedule 2.

Examples of Purchased Asset Documents in a sentence

• Seller and any other related Seller Party, as applicable, shall remain liable under the Purchased Assets, each Interest Rate Protection Agreement and the Purchased Asset Documents to perform all of Seller’s or all other Seller Party’s duties and obligations thereunder to the same extent as if the Repurchase Documents had not been executed.

• At Buyer’s election (and at Buyer’s sole cost and expense, or if completed and recorded following a Material Default or Event of Default, at Seller’s sole cost and expense), Buyer or any nominee or agent of Buyer may complete and record any or all of the Blank Assignment Documents as further evidence of Buyer’s ownership interest in the related Purchased Asset Documents.

• Upon receipt by Custodian of each Purchased Asset Document required to be endorsed in blank by Seller and payment by Buyer of the Purchase Price for the related Purchased Asset, Buyer shall either (a) own such Purchased Asset and the related Purchased Asset Documents or (b) have a valid first priority perfected security interest in such Purchased Asset and the related Purchased Asset Documents.

• Seller has delivered to Custodian true, correct and complete copies of the Purchased Asset Documents, as applicable, relating to each Purchased Asset.

• None of the Purchased Asset Documents has any marks or notations indicating that it has been sold, assigned, pledged, encumbered or otherwise conveyed to any Person other than Buyer.

More Definitions of Purchased Asset Documents

Purchased Asset Documents shall have the meaning specified in Section 7(b) of this Agreement.

Purchased Asset Documents. As described in Appendix 1 hereto Purchase Date: [ ] [ ], 20[ ] Repurchase Date: [ ] [ ], 20[ ] Purchase Price: $ Seller hereby certifies as follows, on and as of the above Purchase Date with respect to each Purchased Asset described in this Confirmation:

Purchased Asset Documents. As described in Appendix 1 hereto Future Funding Date: [ ] [ ], 20[ ] Purchase Price: $ Future Funding Amount: $ Borrower: $ Seller hereby certifies as follows, on and as of the above Future Funding Date with respect to the Purchased Asset described in this Confirmation:

Purchased Asset Documents. With respect to each Eligible Asset:

Purchased Asset Documents. As described in Appendix 1 hereto Future Funding Date: [ ] [ ], 20[ ] Outstanding principal balance prior to future advance: $ Future advance amount to Underlying Obligor: $ Outstanding principal balance after future advance: $ Purchase Price prior to Future Funding Amount: $ Purchase Price after Future Funding Amount: $ Future Funding Amount: $ Borrower: Seller hereby certifies as follows, on and as of the above Future Funding Date with respect to the Purchased Asset described in this Confirmation:

Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset until its release pursuant to Article 7(b).

Purchased Asset Documents means the documentation governing a Purchased Asset and all ancillary documents related thereto.