Trust Loan Purchase Agreement definition

Trust Loan Purchase Agreement. As defined in the Introductory Statement.

Examples of Trust Loan Purchase Agreement in a sentence

  • No Work-out Fee shall be payable to the Special Servicer if any related mezzanine lender purchases the Mortgage Loan pursuant to the related mezzanine intercreditor agreement or similar agreement or any Loan Seller repurchases its Loan Seller Percentage Interest in the Trust Loan (or any allocable part thereof) or makes a Loss of Value Payment pursuant to the related Trust Loan Purchase Agreement.

  • On the Closing Date, pursuant to the CREFI Trust Loan Purchase Agreement, CREFI shall receive, as partial consideration for its sale to the Depositor of 40% of the Trust Loan, Class VRR Certificates with an initial aggregate Certificate Balance of $10,334,739, representing approximately 40% (by principal balance) of the entire Combined VRR Interest as of the Closing Date (the “CREFI VRR Interest Portion”).

  • On the Closing Date, pursuant to the WFB Trust Loan Purchase Agreement, WFB, an “originator” (within the meaning of the U.S. Credit Risk Retention Rules) of the Trust Loan, shall receive, as partial consideration for its sale to the Depositor of 20% of the Trust Loan, Class VRR Certificates with an initial aggregate Certificate Balance of $5,167,368, representing approximately 20% (by principal balance) of the entire VRR Interest as of the Closing Date (the “WFB VRR Interest Portion”).

Related to Trust Loan Purchase Agreement

  • 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.

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.