Additional Mortgage Loans definition

Additional Mortgage Loans shall have the meaning set forth in Section 9.1(u) hereof.
Additional Mortgage Loans. The Mortgage Loans sold to the Trust for inclusion in Group I or Group II pursuant to Section 2.10 of this Agreement and the Additional Transfer Agreement, which shall be listed on the mortgage loan schedule attached to the Additional Transfer Agreement.
Additional Mortgage Loans. Any Mortgage Loans included in the Mortgage Pool as of the Closing Date but not identified by the Originator before the opening of business on December 1, 1997, but excluding any Qualified Substitute Mortgage Loans.

Examples of Additional Mortgage Loans in a sentence

  • The Issuer will only be entitled to apply amounts (if any) standing to the credit of the Pre-Funding Principal Reserve Ledger in purchasing Additional Mortgage Loans on an Additional Purchase Date provided certain conditions are met.

  • The Mortgage Loans in the Closing Mortgage Portfolio and the Additional Mortgage Loans to be purchased by the Issuer on the relevant Additional Purchase Date in accordance with the terms of the Mortgage Sale Agreement have been originated by the Seller directly.

  • In the event that the Pre-Funding Principal Reserve is not applied in full in purchasing Additional Mortgage Loans during the Pre-Funding Availability Period, the GeneralReserve Fund shall be reduced by an amount equal to the General Reserve Excess Amount, and shall be applied in partial redemption of the Class Z2 Notes on the first Interest Payment Date.

  • The Issuer will be entitled to apply amounts (if any) standing to the credit of the Pre-Funding Principal Reserve in purchasing Additional Mortgage Loans at any time during the Pre-Funding Availability Period if and to the extent that the Issuer is permitted to do so by, and in accordance with, the Mortgage Sale Agreement and the Servicing Agreement.

  • The Seller will also sell the benefit of all collections received (i) in respect of the Closing Mortgage Portfolio, for the period from the Cut-Off Date to the Closing Date and (ii) in respect of the Additional Mortgage Loans, for the period from the relevant Additional Mortgage Loan Cut-Off Date to the relevant Additional Purchase Date.


More Definitions of Additional Mortgage Loans

Additional Mortgage Loans. Mortgage Loans which meet the eligibility requirements of Section 6 hereof and are provided by Lender to Xxxxxx Mae pursuant to Section 7(a) hereof.
Additional Mortgage Loans means the Mortgage Loans to be incurred, directly or indirectly, by Operating LP to acquire the Additional Properties;
Additional Mortgage Loans. Any Mortgage Loans included in the Mortgage Pool but not identified by the Originator before the opening of business on March 1, 1997, but excluding any Qualified Substitute Mortgage Loans.
Additional Mortgage Loans means the mortgage loans listed on the Schedule of Mortgage Loans which were identified subsequent to August 10, 1997 but prior to the Closing Date.
Additional Mortgage Loans has the meaning provided to such term in Section 2.11.1.
Additional Mortgage Loans means the Mortgage Loans identified by the Seller in any Additional Mortgage Portfolio Sale Notice, such Mortgage Loans to consist of the mortgage loans currently subject to financing pursuant to the securitisation entered into by Celtic Residential Irish Mortgage Securitisation No. 15 Designated Activity Company (the “Celtic 15 Transaction”);
Additional Mortgage Loans. [as identified in the Annexure hereto.] Additional Mortgage Portfolio Sale Date: [•] Additional Mortgage Portfolio Consideration [(estimate)]: [•] Additional Mortgage Portfolio Cut-Off Date: [•] Signed for and on behalf of ULSTER BANK IRELAND DESIGNATED ACTIVITY COMPANY in its capacity as the Seller We hereby acknowledge receipt of and confirm the contents of the Additional Mortgage Portfolio Sale Notice dated [•] and that the conditions described in Clause 3.5(B)(2)(e) and (f) (Conditions Precedent to the Purchase of the Mortgage Portfolio) of the Mortgage Sale Agreement have been satisfied. Attorney For and on behalf of DUNMORE SECURITIES NO. 1 DESIGNATED ACTIVITY COMPANY ANNEXURE – ADDITIONAL MORTGAGE LOANS [•] SCHEDULE 5 MORTGAGE LOAN REPURCHASE NOTICE To: ULSTER BANK IRELAND DESIGNATED ACTIVITY COMPANY Xxxxxx Xxxx Xxxxx Xxxxxx, Xxxxxxx Xxxx Dublin 2, Ireland (the “Seller”)