Repurchase Alternative Agreement definition

Repurchase Alternative Agreement. As defined in Section 8.03(d).
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Examples of Repurchase Alternative Agreement in a sentence

  • To the extent that an Investor ultimately requires the Purchaser to repurchase any Mortgage Loan subject to a Repurchase Alternative Agreement, the Seller will repurchase such Mortgage Loan from the Purchaser in accordance with this Section 8.03 subject to the Seller’s right to defend such repurchase claim under Section 8.03(b).

  • To the extent that an Investor ultimately requires Purchaser 44 to repurchase any Mortgage Loan subject to a Repurchase Alternative Agreement, Seller will repurchase such Mortgage Loan from Purchaser in accordance with this Section 10.2. Notwithstanding anything else to the contrary herein, Purchaser shall be under no obligation to offer a risk free agreement or other repurchase alternative offered by an Investor, but shall not in each case unreasonably withhold such an offer.

  • If either the Seller or the Purchaser has been notified by an Investor of a Mortgage Loan to be repurchased pursuant to Applicable Requirements, or a proposal for a Repurchase Alternative Agreement, such Party shall notify the other Party no later than five (5) Business Days following receipt of such notice.

  • By: Name: Title: Dated: [ ] Certificate of Authentication This is one of the 7 3/4% Senior Notes due 2022, Series A referred to in the within mentioned Indenture.

Related to Repurchase Alternative Agreement

  • Master Repurchase Agreement means the Master Repurchase Agreement of even date herewith between the Trust and Bear, Xxxxxxx & Co. Inc. as it may from time to time be amended.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Specified Acquisition Agreement Representations means the representations made by or on behalf of or relating to the Target, its subsidiaries or their respective businesses in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that Vertical/Trigen (or any of its applicable Affiliates) has the right to terminate its (or their) obligations under the Acquisition Agreement or decline to consummate the Acquisition as a result of the breach of such representations in the Acquisition Agreement.

  • repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.