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 and/or the related Senior Interest Documents.

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

Examples of Purchased Asset Documents in a sentence

• Seller shall (a) continue to engage in the same (and no other) general lines of business as presently conducted by it, (b) maintain and preserve all of its material rights, privileges, licenses and franchises necessary for the operation of its business, and (c) maintain Seller’s status as a qualified transferee, permitted assignee or qualified lender, in each case, entitled to hold, assign and transfer each related Purchased Asset pursuant to the applicable terms of 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 own such Purchased Asset and the related Purchased Asset Documents or have a valid first priority perfected security interest in such Purchased Asset Document.

• 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.

• Seller or its agent shall maintain a copy of such Purchased Asset Documents and the originals of the Purchased Asset Documents not delivered to Buyer or Custodian.

• Seller has complied with all requirements of the Custodial Agreement with respect to each Purchased Asset, including delivery to Custodian of all required Purchased Asset Documents.

More Definitions of Purchased Asset Documents

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

Purchased Asset Documents. Individually or collectively, as the context may require, the related Mortgage Loan Documents, Senior Interest Documents, Junior Interest Documents, Mezzanine Loan Documents and/or Mezzanine Participation Documents, evidencing, governing or relating to such Purchased Asset, each as amended, modified and/or restated from time to time (with Buyer’s consent as and to the extent required under this Agreement).

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

Purchased Asset Documents. As described in Appendix 1 hereto Purchase Date: [ ] [ ], 20[ ] Purchase Price: $ Except as specified in Appendix 1 hereto, on the Purchase Date for each Asset described in this Transaction Request, [Seller 2][Seller 2-A] will make all of the representations and warranties contained in the Agreement (including Schedule 1 to the Agreement as applicable to the Class of such Asset) with respect thereto. Seller: [Starwood Property Mortgage Sub-2, L.L.C. By: Name: Title:] [Starwood Property Mortgage Sub-2-A, L.L.C. By: Name: Title:]