Unaffiliated Seller definition

Unaffiliated Seller. ABFS 2002-4, Inc.

Unaffiliated Seller means ABFS 2001-1, Inc., in its capacity as Unaffiliated Seller of the Mortgage Loans under this Agreement and any successor to ABFS 2001-1, Inc., whether through merger, consolidation, purchase and assumption of ABFS 2001-1, Inc. or all or substantially all of its assets or otherwise. Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in the Pooling and Servicing Agreement.

Unaffiliated Seller. ABFS 2001-3, Inc., a Delaware corporation.

Examples of Unaffiliated Seller in a sentence

• The Unaffiliated Seller agrees to execute and deliver such instruments and take such actions as the Depositor may, from time to time, reasonably request in order to effectuate the purpose and to carry out the terms of this Agreement.

• The Depositor may, at its option and without notice to the Unaffiliated Seller, purchase all or part of the Mortgage Loans without conducting any partial or complete examination.

• The Board of Directors does not imply by developing and accepting the policies set forth in this handbook to create a contract, nor are they to be construed to constitute contractual obligations of any kind or a contract of employment between OVEC and any of its employees.

• The beneficial owner of the Capitalized Interest Account shall be the Unaffiliated Seller.

• The Trust Fund will own all payments received on the Deleted Mortgage Loan on or before the date of substitution, and the Unaffiliated Seller shall thereafter be entitled to retain all amounts subsequently received in respect of such Deleted Mortgage Loan.

More Definitions of Unaffiliated Seller

Unaffiliated Seller means Emergent Mortgage Holdings Corporation, in its capacity as Unaffiliated Seller of the Mortgage Loans under this Agreement and any successor to Emergent Mortgage Holdings Corporation, whether through merger, consolidation, purchase and assumption of Emergent Mortgage Holdings Corporation or all or substantially all of its assets or otherwise.

Unaffiliated Seller means CDC Mortgage Capital Inc., in its capacity as Unaffiliated Seller of the Mortgage Loans under this Agreement. Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in the Pooling and Servicing Agreement.

Unaffiliated Seller. WMFC 1997-2 Inc., a Delaware corporation, and its permitted successors and assigns.

Unaffiliated Seller means ABFS 1996-2, Inc., in its capacity as Unaffiliated Seller of the Mortgage Loans under this Agreement and any successor to ABFS 1996-2, Inc., whether through merger, consolidation, purchase and assumption of ABFS 1996-2, Inc. or all or substantially all of its assets or otherwise. Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in the Pooling and Servicing Agreement.

Unaffiliated Seller s Agreement with respect to such Mortgage Loan. Upon any such substitution and the deposit to the Collection Account of the amount required to be deposited therein in connection with such substitution as described in this Section 2.03, the Securities Administrator shall forward the Request for Release from the Servicer to the Custodian and the Custodian shall release the Mortgage File relating to such Deleted Mortgage Loan to the Unaffiliated Seller or the related Originator, as applicable, and shall execute and deliver at the Unaffiliated Seller's or related Originator's direction, as applicable, such instruments of transfer or assignment prepared by such party, in each case without recourse, as shall be necessary to vest title in the Unaffiliated Seller or the related Originator, or its designee, as applicable, the Trustee's interest in any Deleted Mortgage Loan substituted for pursuant to this Section 2.03.

Unaffiliated Seller. 'S AGREEMENT dated as of September 1, 2000 by and among PRUDENTIAL SECURITIES SECURED FINANCING CORPORATION, as Depositor, ABFS 2000-3, INC., as Unaffiliated Seller and AMERICAN BUSINESS CREDIT, INC., HOMEAMERICAN CREDIT, INC., D/B/A UPLAND MORTGAGE, and NEW JERSEY MORTGAGE AND INVESTMENT CORP., as Originators TABLE OF CONTENTS Page ---- Article I DEFINITIONS .........................................................1 Section 1.01 Definitions......................................................1 Article II PURCHASE, SALE AND CONVEYANCE OF MORTGAGE LOANS.....................3

Unaffiliated Seller. 'S AGREEMENT Dated as of December 1, 1996 TABLE OF CONTENTS ARTICLE ONE DEFINITIONS................................................ 1 Section 1.01. Definitions........................................ 1