Repurchase Assets definition

Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

Repurchase Assets has the meaning set forth in Section 4.02(c).

Repurchase Assets shall have the meaning specified in Section 6(a) hereof.

Examples of Repurchase Assets in a sentence

• Evidence that all other actions necessary or, in the opinion of Buyer, desirable to perfect and protect Buyer’s interest in the Purchased Mortgage Loans and other Repurchase Assets have been taken, including, without limitation, UCC searches and duly authorized and filed Uniform Commercial Code financing statements on Form UCC-1.

• Seller shall, to the extent practicable, maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing the Repurchase Assets in the event of the destruction of the originals thereof), and keep and maintain or obtain, as and when required, all documents, books, records and other information reasonably necessary or advisable for the collection of all Repurchase Assets.

• Seller shall do all things necessary to preserve the Repurchase Assets so that they remain subject to a first priority perfected security interest hereunder.

• Seller hereby authorizes Buyer to file such financing statement or statements relating to the Repurchase Assets as Buyer, at its option, may deem appropriate, which shall be in form and substance reasonably acceptable to Seller; provided that Seller shall give comments, if any, on the draft of such statement within three (3) Business Days of receiving such draft.

• The provisions of this Agreement are effective to either constitute a sale of Repurchase Assets to Buyer or to create in favor of Buyer a valid security interest in all right, title and interest of Seller in, to and under the Repurchase Assets.

More Definitions of Repurchase Assets

Repurchase Assets shall have the meaning provided in Section 8(a) of the Agreement.

Repurchase Assets shall have the meaning provided in Section 9(a)(i) hereof.

Repurchase Assets is defined in Section 9.

Repurchase Assets shall have the meaning provided in Section 9(a)(i) hereof. “Repurchase Date” shall mean, with respect to each Purchased Asset, the earliest to occur of (a) the Termination Date, (b) the date of an Optional Repurchase pursuant to Section 3(e) hereof, (c) the date of a mandatory repurchase pursuant to Section 4 hereof, (d) the Accelerated Repurchase Date, (e) the date on which such Purchased Asset has been paid in full,

Repurchase Assets shall have the meaning provided in Section 8 hereof. “Repurchase Date” shall mean the date on which the Seller is to repurchase the Purchased Mortgage Loans subject to a Transaction from Buyer as specified in the related Confirmation, or if not so specified on a date requested pursuant to Section 3(d) or on the Termination Date, including any date determined by application of the provisions of Sections 3 or 14, or the date identified to Buyer by the Seller as the date that the related Mortgage Loan is to be sold pursuant to a Take-out Commitment.

Repurchase Assets. The Eligible Assets identified on a Repurchase Notification.

Repurchase Assets means the Task Order Specific Contract Payments that the Sellers are required to repurchase pursuant to Section 2.7(a) or (b).