Qualified Loan Schedule definition
Examples of Qualified Loan Schedule in a sentence
The Seller shall follow the same requirements for completion of the initial Qualified Loan Schedule.
The information required for such Qualified Loan Schedule shall be delivered in an electronic format acceptable to ▇▇▇▇▇▇ Mac.
Any entity that sold Qualified Loans to FMMSC and that is identified as a Seller in the Qualified Loan Schedule.
Such Qualified Loan will thereafter be listed on the applicable Qualified Loan Schedule and be a part of the Portfolio subject to this Commitment.
Such additional approved Qualified Loans shall become part of the Portfolio effective on the Effective Date indicated in the related Qualified Loan Schedule upon receipt by ▇▇▇▇▇▇ Mac of such Qualified Loan Schedule signed by both ▇▇▇▇▇▇ Mac and the Seller.
Such Qualified Loans shall become part of the Portfolio as of the Effective Date upon receipt by ▇▇▇▇▇▇ Mac of such Qualified Loan Schedule signed by both ▇▇▇▇▇▇ Mac and the Seller.
The Seller certifies that the information contained in this Qualified Loan Schedule is accurate.
With respect to each Qualified Loan listed on a Qualified Loan Schedule signed by both parties, the Seller shall pay to ▇▇▇▇▇▇ Mac in immediately available funds, by 12:00 noon (eastern time), on the seventh Business Day of each month, an amount sufficient to pay the Standby Purchase Commitment Fee.
The Seller represents and warrants that each loan listed as “secured” in a Qualified Loan Schedule signed by both parties is secured by a validly recorded, filed and perfected lien mortgage shared pari passu and pro rata by the lenders that are parties to the mortgage on the real property securing the Qualified Loan.
Such Qualified Loan Schedule shall be delivered in magnetic media or electronic format acceptable to ▇▇▇▇▇▇ Mac.