Underlying Repurchase Agreement definition

Underlying Repurchase Agreement means the master repurchase agreement, dated as of the date hereof, between PMC, as seller, and POP, as buyer.
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Underlying Repurchase Agreement means the amended and restated repurchase agreement among PMC, Sellers and Servicer dated as of March 14, 2019 in the form approved by Administrative Agent in writing in its sole discretion with any material modifications approved by Administrative Agent in writing in its sole discretion (excluding provisions related to the price or pricing rate of such Underlying Repurchase Transactions, which shall not be subject to Administrative Agent review or approval), as amended, restated, supplemented or otherwise modified from time to time.
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Examples of Underlying Repurchase Agreement in a sentence

  • If such Transaction is an Underlying Repurchase Transaction, (x) Buyer shall have received and approved the Underlying Repurchase Documents in its sole discretion and following such approval received duly executed copies thereof by the parties thereto and (y) PMC shall have satisfied all conditions precedent to the entry into such Underlying Repurchase Transaction under the applicable Underlying Repurchase Agreement.

  • In the event that the Indenture Trustee does not elect to terminate the Servicer as servicer with respect to the Purchased Loans, the Servicer shall continue to service the Purchased Loans in accordance with the Underlying Repurchase Agreement as supplemented by this Servicer Acknowledgment.

  • Pursuant to the Underlying Repurchase Agreement, the Underlying Seller has agreed to service the Purchased Loans (in such capacity, the “Servicer”) for the benefit of the Underlying Buyer on the terms and conditions set forth in the Underlying Repurchase Agreement.

  • Upon receipt of such written notice from the Indenture Trustee, the Underlying Seller shall have the right to purchase the Purchased Loans from the [ ] Buyer at the Repurchase Price (as defined in the Underlying Repurchase Agreement) for such Purchased Loans (calculated pursuant to the Underlying Repurchase Agreement) within 30 days of the receipt of such notice.

  • In connection with the foregoing, the Servicer hereby acknowledges and agrees that, notwithstanding anything to the contrary in the Underlying Repurchase Agreement or in any other agreement with respect to any Purchased Loan, (i) the Servicer is servicing the Purchased Loans for the joint benefit of the [ ] Buyer and the Indenture Trustee and (ii) the [ ] Buyer, the Standby Servicer and the Indenture Trustee are expressly intended to be a third party beneficiary under the [ ] Repurchase Agreement.

  • For so long as the [ ] Notes are outstanding, Servicer agrees that in connection with any assignment or transfer of its rights and obligations under this Agreement or the Underlying Repurchase Agreement, the successor servicer shall be required to assume the rights and obligations of the Servicer under this Servicer Acknowledgment.

Related to Underlying Repurchase Agreement

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Master Repurchase Agreement means the Master Repurchase Agreement of even date herewith between the Trust and Bear, Xxxxxxx & Co. Inc. as it may from time to time be amended.

  • Repurchase Agreement means a simultaneous agreement to buy, hold for a specified time, and sell back at a future date obligations, described by Government Code 2256.009(a)(1) (obligations of gov- ernmental entities) or 2256.013 (commercial paper) or if applicable, 2256.0204 (corporate bonds), at a market value at the time the funds are disbursed of not less than the principal amount of the funds disbursed. The term includes a direct security repurchase agreement and a reverse security repurchase agreement. Gov’t Code 2256.011(b)

  • Underlying Agreement means an agreement that is an underlying agreement for the purposes of paragraph 48 or Schedule 6 to the Act.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

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

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • 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.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Sale and Purchase Agreement means all the agreements entered into from time to time (whether before, on or after the date of this Agreement) by the Borrower for the sale of the Units and shall include any one or more or all of the Sale and Purchase Agreements.

  • Equity Purchase Agreement means that certain Amended and Restated Purchase Agreement, dated as of March 17, 2008, among the Borrower and the several “Investors” named therein, including all exhibits and schedules thereto, as in effect on the Original Effective Date.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Share Purchase Agreement has the meaning set forth in the Recitals.