Subsequent Transfer Agreements definition
Examples of Subsequent Transfer Agreements in a sentence
The Mortgage Loans permitted by the terms of this Agreement to be included in the Trust Fund are limited to (i) the Initial Mortgage Loans (which the Depositor is required hereunder to have acquired pursuant to Subsequent Transfer Agreements) and (ii) the Substitute Mortgage Loans.
Mortgage Loans shall be effectuated by means of Subsequent Transfer Agreements on substantially the form of Exhibit L to the Pooling and Servicing Agreement.
The transfer by the Seller of the Subsequent Home Equity Loans set forth on Schedule I to each of the related Subsequent Transfer Agreements shall be absolute and shall be intended by all parties hereto to be treated as a complete, absolute and final sale by the Seller.
Such Receivables have been transferred to the Issuer pursuant to the terms of a master receivables purchase agreement entered into between the Issuer and the Originator on 11 February 2011 and amended on 2 March 2011 (hereinafter, the "Master Receivables Purchase Agreement") and the Subsequent Transfer Agreements entered into between the Issuer and the Originator from time to time in accordance with the Master Receivables Purchase Agreement.
Up to $156,606,105.68, up to $29,598,521.98 and up to $30,090,542.61 of the Original Pre-Funded Amount may be used to purchase Subsequent Group I Loans, Subsequent Group II-A Loans and Subsequent Group II-B Loans, respectively, in accordance with the provisions of this Agreement and the related Subsequent Transfer Agreement(s).
This Agreement and any Subsequent Transfer Agreements shall effect a valid transfer and assignment of the Trust Corpus, enforceable against the Trust Depositor and creditors of and purchasers from the Trust Depositor.
Mortgage Loans shall be effectuated by means of Subsequent Transfer Agreements on substantially the form of Exhibit K to the Pooling and Servicing Agreement.
Up to $95,575,914.16, up to $36,534,946.11 and up to $15,756,728.79 of the Original Pre-Funded Amount may be used to purchase Subsequent Group I Loans, Subsequent Group II-A Loans and Subsequent Group II-B Loans, respectively, in accordance with the provisions of this Agreement and the related Subsequent Transfer Agreement(s).
The Original Pre-Funded Amount may be used to purchase Subsequent Loans in accordance with the provisions of this Agreement and the related Subsequent Transfer Agreement(s).
The parties hereto intend that the transactions set forth herein and in the Subsequent Transfer Agreements each constitute a sale by the Seller to the Purchaser of all the Seller's right, title and interest in and to the Mortgage Loans and the other Transferred Property, including for accounting purposes, and not a secured borrowing.