True Sale Certification definition
Examples of True Sale Certification in a sentence
In no event shall Seller transfer to Buyer hereunder any Mortgage Loan acquired by Seller from an Affiliate of Seller unless a True Sale Certification has been delivered to Buyer prior to such sale.
No Mortgage Loan sold to Buyer hereunder was acquired (by purchase or otherwise) by a Seller Entity from an Affiliate of such Seller Entity unless a True Sale Certification has been delivered to Buyer or such Affiliate is a Seller Entity.
In no event shall any Seller Entity transfer to Buyer hereunder any Mortgage Loan acquired by such Seller Entity from an Affiliate of such Seller Entity unless a True Sale Certification has been delivered to Buyer prior to such sale or such Affiliate is a Seller Entity.
No Mortgage Loan sold to Buyer hereunder was acquired (by purchase or otherwise) by NCCC or NCMC from an Affiliate of NCCC or NCMC (except as between any of NCCC, Worth Funding Incorporated and NCMC), as applicable unless a True Sale Certification has been delivered to Buyer.
No Mortgage Loan sold to Buyer hereunder was acquired (by purchase or otherwise) by Seller from an Affiliate of Seller unless a True Sale Certification has been delivered to Buyer.
In no event shall Seller transfer to Buyer hereunder any Mortgage Loan acquired by Seller from an Affiliate of Seller (other than each other Seller or Worth Funding Incorporated) unless a True Sale Certification has been delivered to Buyer prior to such sale.
In no event shall the Seller transfer to the Buyer hereunder any Mortgage Loan acquired by the Seller from an Affiliate of the Seller unless a True Sale Certification has been delivered to the Buyer prior to such sale.
No Mortgage Loan sold to the Buyer hereunder was acquired (by purchase or otherwise) by the Seller from an Affiliate of the Seller unless a True Sale Certification has been delivered to the Buyer.
In no event shall the Borrower pledge to the Lender hereunder any Mortgage Loan acquired by the Borrower from an Affiliate of the Borrower, unless the Borrower has delivered to the Lender a true sale opinion, in form acceptable to the Lender and a True Sale Certification, substantially in the form attached hereto as Exhibit G, in connection therewith.
In no event shall the Borrower transfer to the Lender hereunder any Mortgage Loan acquired by the Borrower from an Affiliate of the Borrower unless a True Sale Certification has been delivered to the Lender prior to such sale.