Examples of Seller Receipt in a sentence
A Seller Receipt, Pool Originator Receipt, and/or Pool Certificate.
As part of its role as Central Servicing Agent for the Pool, at Pool formation, CSA issues a Seller Receipt to the Seller, a Pool Originator Receipt to the Pool Originator, and a Pool Certificate to each Pool Investor.
All Pool Loan Receivables on a Pool Loan received by the CSA must be for- warded by it to pay the Servicing Re- tention Amount, Ongoing Guarantee Fee, Seller Receipt, Pool Originator Receipt, Pool Certificates, any SBA- purchased Loan Interest, and any other payment applicable to the Pooling of such Pooled Loan, in accordance with Program Rules and Regulations.
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All Pool Loan Receivables on a Pool Loan received by the CSA must be for- warded by it to pay the Servicing Re- tention Amount, Ongoing Guarantee Fee, Seller Receipt, Pool Originator Receipt, Pool Certificates, any SBA- purchased Loan Interest, and any other payment applicable to the Pooling of such Pooled Loan, in accordance with Program Rules and Regulations.(c) Administration of the Pool Certifi- cates.
As part of its role as Central Servicing Agent for the Pool, at Pool formation, CSA issues a Seller Receipt to the Seller, a Pool Originator Receipt to the Pool Originator, and a Pool Certificate to each Pool Investor.(b) CSA fiscal transfer responsibilities.
Seller requests CSA to issue a Seller Receipt evidencing Seller’s retained ownership in the Pool Loan.
Within ten (10) days following each receipt by Purchaser of a Seller Receipt, Purchaser shall pay such Seller Receipt to Seller.