Examples of Repo Buyer in a sentence
S 8.4. The legal ownership of the eligible securities shall be transferred from the Repo Seller to the Repo Buyer for all Repo transactions.
The Master Repurchase Agreement, dated as of November 15, 2021, among loanDepot, as Repo Seller, CSCIB, as Repo Buyer and CSFB, as Administrative Agent, related to the Series 2021-SAVF1 Notes.
A Repurchase Agreement (Repo) is a contract under which one party (the Repo Seller) sells a security (the Collateral Security) to another party (the Repo Buyer) on a given date (the Near Date) for cash proceeds (the Repo Amount) with a commitment to repurchase the Collateral Securities at a future date (the Repo Maturity Date).
While the transaction documents use sale and repurchase language to transfer the interest in the loan, both the Residential Mortgage Banker, as the initial seller and repurchaser, and the Repo Buyer, as the initial purchaser and reseller, account for the sales as financings with the sold residential mortgage loans retained on the books and records of the Residential Mortgage Banker seller, just like a warehouse or revolving credit agreement.
Under these Program Rules, references to the return of the Collateral Security shall mean the return of the same or equivalent security.Far DateShall refer to the future date on which the Repo Seller and Repo Buyer are required to perform acts to extinguish their repayment obligations under the terms of the Repo executed and these Program Rules.
It was noted that Acrobat can, for example, repair a PDF file by generating a new Xref if the original is corrupted; however, it is not always successful.
The Master Repurchase Agreement, dated as of February 7, 2023, among PLS, as Repo Seller, Gxxxxxx Sxxxx Bank USA, as Repo Buyer and Gxxxxxx Sxxxx Bank USA, as Administrative Agent, related to the Series 2023-MSRVF1 Notes as amended, restated, supplemented or otherwise modified from time to time.
The Repo Buyer shall receive any coupon payment over the securities used in a repo transaction during the span of his ownership, but shall immediately transfer any such payment received to the repo seller.
Sufficiently strong neck into well laid shoulders and good re- turn of upper arm.
First leg Second Leg Accounting for Repo Buyer (Lender of Funds) First leg Second Leg 4.