Examples of Subsequent Transferred Property in a sentence
The Purchase Price paid for any Subsequent Mortgage Loans and related Subsequent Transferred Property to be paid by the Purchaser to the Seller on any Subsequent Transfer Date shall be one-hundred percent (100%) of the related Cut-Off Date Principal Balances thereof (as identified on the Mortgage Loan Schedule attached to the related Subsequent Transfer Agreement provided by the Seller).
The Subsequent Mortgage Loans, including the Cut-Off Date Principal Balances of such Subsequent Mortgage Loans, and all other related Subsequent Transferred Property, shall be sold by the Seller and purchased by the Purchaser on the related Subsequent Transfer Date.
The Initial Receivables and other Transferred Property are being transferred, and the Subsequent Receivables and other Subsequent Transferred Property will be transferred, with the intention of removing them from the Transferor's estate pursuant to Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Bankruptcy Code, as the same may be amended from time to time.
In the event the transactions set forth herein are deemed not to be a sale, the Depositor hereby grants to the Issuer a security interest in all of the Depositor's right, title and interest, whether now owned or hereafter acquired, in, to and under the Subsequent Transferred Property to secure all of the Depositor's obligations hereunder, and this Agreement shall and hereby does constitute a security agreement under applicable law.
The transfer to the Issuer by the Depositor of the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule shall be absolute and is intended by the parties hereto to constitute a sale by the Depositor to the Issuer on the Subsequent Transfer Date of all the Depositor's right, title and interest in and to the Subsequent Mortgage Loans, and other related Subsequent Transferred Property as and to the extent described above, and the Issuer hereby acknowledges such transfer.
In the event the transactions set forth herein are deemed not to be a sale, the Seller hereby grants to the Purchaser a security interest in the Subsequent Transferred Property to secure all of the Seller's obligations hereunder, and this Agreement shall and hereby does constitute a security agreement under applicable law.
The transfer to the Purchaser by the Seller of the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule is intended by the parties hereto to constitute a sale by the Seller to the Purchaser on the Subsequent Transfer Date of all the Seller's right, title and interest in and to the Subsequent Mortgage Loans and the other Subsequent Transferred Property, including for accounting purposes, and not a secured borrowing.
In consideration for the Subsequent Receivables and other Subsequent Transferred Property described in Section 2.3(a), the Transferor shall pay the related amount (the "Subsequent Receivables Purchase Price") to the Originator.
In the event the transactions set forth herein are deemed not to be a sale, the Seller hereby grants to the Purchaser a security interest in the Subsequent Transferred Property to secure all of the Seller’s obligations hereunder, and this Agreement shall and hereby does constitute a security agreement under applicable law.
The transfer to the Purchaser by the Seller of the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule is intended by the parties hereto to constitute a sale by the Seller to the Purchaser on the Subsequent Transfer Date of all the Seller’s right, title and interest in and to the Subsequent Mortgage Loans and the other Subsequent Transferred Property, including for accounting purposes, and not a secured borrowing.