Common use of Agreement to Purchase Clause in Contracts

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013, whether or not received, of $234,780,193. The sale of the Mortgage Loans shall take place on July 2, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10), Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10)

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Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the "Mortgage Loan Schedule") annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt2007. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during due on or prior to July 2013before such date, whether or not received, of $234,780,193316,791,289. The sale of the Mortgage Loans shall take place on July 2December 28, 2013 2007 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in a letter dated as of the Xxxx of Sale date hereof (substantially in the form of Exhibit 3 hereto"Purchase Price Side Letter"), to be entered into between the parties to this Agreement and entered into in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”)Certificates, which purchase price excludes accrued interest and applicable deal expenses. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq13), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the "Mortgage Loan Schedule") annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt2007. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during due on or prior to July 2013before such date, whether or not received, of $234,780,193124,902,279. The sale of the Mortgage Loans shall take place on July 2December 20, 2013 2007 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in a letter dated as of the Xxxx of Sale date hereof (substantially in the form of Exhibit 3 hereto"Purchase Price Side Letter"), to be entered into between the parties to this Agreement and entered into in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”)Certificates, which purchase price excludes accrued interest and applicable deal expenses. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq13), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July August 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 August 2015 are deemed to have been due and received on July August 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013August 2015, whether or not received, of $234,780,193132,540,441. The sale of the Mortgage Loans shall take place on July 2August 5, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24), Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in August 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in September 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in August 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013August 2016, whether or not received, of $234,780,193357,124,023. The sale of the Mortgage Loans shall take place on July 2August 25, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2016-Ubs11), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2016-Ubs11)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July August 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 August 2015 are deemed to have been due and received on July August 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013August 2015, whether or not received, of $234,780,19396,866,758. The sale of the Mortgage Loans shall take place on July 2August 5, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24), Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 2015 are deemed to have been due and received on July 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 20132015, whether or not received, of $234,780,193885,426,724. The sale of the Mortgage Loans shall take place on July 28, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2015-Ms1), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2015-Ms1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2018, whether or not received, of $234,780,193226,826,427. The sale of the Mortgage Loans shall take place on July 2October 23, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price consideration to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Seller pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as part of such purchase price consideration in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The purchase price cash portion of the consideration shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-L1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 December 2015 are deemed to have been due and received on July December 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013December 2015, whether or not received, of $234,780,193149,107,317. The sale of the Mortgage Loans shall take place on July 2December 15, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2015-Ubs8)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in February 2020 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after February 2020, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in February 2020 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013February 2020, whether or not received, of $234,780,193420,084,997. The sale of the Mortgage Loans shall take place on July 2February 20, 2013 2020 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date. On the Closing Date, the Seller shall cause to be delivered to the Purchaser with respect to each Actual/360 Mortgage Loan, an amount equal to one (1) day of interest at the related Net Mortgage Rate on the related Cut-off Date Balance.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2020-L4)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July June 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 June 2014 are deemed to have been due and received on July June 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013June 2014, whether or not received, of $234,780,193460,716,941. The sale of the Mortgage Loans shall take place on July 2June 18, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in April 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after April 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in April 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013April 2021, whether or not received, of $234,780,193304,603,046. The sale of the Mortgage Loans shall take place on July 2May 11, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L5)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the "Mortgage Loan Schedule") annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt2007. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during due on or prior to July 2013before such date, whether or not received, of $234,780,193597,797,441. The sale of the Mortgage Loans shall take place on July 2December 28, 2013 2007 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in a letter dated as of the Xxxx of Sale date hereof (substantially in the form of Exhibit 3 hereto"Purchase Price Side Letter"), to be entered into between the parties to this Agreement and entered into in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”)Certificates, which purchase price excludes accrued interest and applicable deal expenses. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in July 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2016, whether or not received, of $234,780,193114,801,225. The sale of the Mortgage Loans shall take place on July 2June 7, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Bank of America Merrill Lynch Commercial Mortgage Trust 2016-Ubs10)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July October 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July October 2013 are deemed to have been due and received on July October 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July October 2013, whether or not received, of $234,780,193755,240,060. The sale of the Mortgage Loans shall take place on July 2October 23, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C12)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132021, whether or not received, of $234,780,193241,103,325. The sale of the Mortgage Loans shall take place on July 213, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July October 1, 2013; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July October 2013 are deemed to have been due and received on July October 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July October 2013, whether or not received, of $234,780,193389,428,956. The sale of the Mortgage Loans shall take place on July 2October 23, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C12)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2018, whether or not received, of $234,780,19376,599,999. The sale of the Mortgage Loans shall take place on July 2December 27, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H4)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in July 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2016, whether or not received, of $234,780,193487,672,167. The sale of the Mortgage Loans shall take place on July 2June 7, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Bank of America Merrill Lynch Commercial Mortgage Trust 2016-Ubs10)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in April 2022 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after April 2022, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in April 2022 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013April 2022, whether or not received, of $234,780,193241,961,229. The sale of the Mortgage Loans shall take place on July 2April 7, 2013 2022 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2022-L8)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in March 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after March 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in March 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013March 2019, whether or not received, of $234,780,193303,614,000. The sale of the Mortgage Loans shall take place on July 2March 12, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price consideration to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Xxxxxx Xxxxxxx Bank, N.A. pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as part of such purchase price consideration in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price cash portion of the consideration shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July April 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 April 2014 are deemed to have been due and received on July April 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013April 2014, whether or not received, of $234,780,193655,587,236. The sale of the Mortgage Loans shall take place on July 2April 15, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July April 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 April 2014 are deemed to have been due and received on July April 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013April 2014, whether or not received, of $234,780,19390,938,098. The sale of the Mortgage Loans shall take place on July 2April 15, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2018, whether or not received, of $234,780,193326,231,829. The sale of the Mortgage Loans shall take place on July 2October 23, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price consideration to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Xxxxxx Xxxxxxx Bank, N.A. pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as part of such purchase price consideration in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price cash portion of the consideration shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-L1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 December 2015 are deemed to have been due and received on July December 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013December 2015, whether or not received, of $234,780,193588,878,785. The sale of the Mortgage Loans shall take place on July 2December 15, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2015-Ubs8)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132021, whether or not received, of $234,780,19364,000,000. The sale of the Mortgage Loans shall take place on July 213, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in May 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in June 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in May 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013May 2016, whether or not received, of $234,780,193111,531,519. The sale of the Mortgage Loans shall take place on July 2May 5, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C29)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 2013; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July December 2013 are deemed to have been due and received on July December 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July December 2013, whether or not received, of $234,780,193275,905,105. The sale of the Mortgage Loans shall take place on July 2December 18, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2016, whether or not received, of $234,780,19386,113,343. The sale of the Mortgage Loans shall take place on July 2December 21, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July November 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 November 2015 are deemed to have been due and received on July November 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013November 2015, whether or not received, of $234,780,193204,769,800. The sale of the Mortgage Loans shall take place on July 2November 12, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July September 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 September 2014 are deemed to have been due and received on July September 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013September 2014, whether or not received, of $234,780,193473,698,999. The sale of the Mortgage Loans shall take place on July 2September 30, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in April 2022 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after April 2022, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in April 2022 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013April 2022, whether or not received, of $234,780,19347,742,652. The sale of the Mortgage Loans shall take place on July 2April 7, 2013 2022 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2022-L8)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2017, whether or not received, of $234,780,193173,250,000. The sale of the Mortgage Loans shall take place on July 2December 22, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2017-Hr2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July June 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 June 2014 are deemed to have been due and received on July June 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013June 2014, whether or not received, of $234,780,193302,440,107. The sale of the Mortgage Loans shall take place on July 2June 18, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16)

Agreement to Purchase. 1.1 The Seller agrees to sell, and the Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule . The Mortgage Loan Schedule may be amended to reflect the actual Mortgage Loans accepted by delivered to the Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July 1, 2013; provided that, for purposes of determining amounts allocable are expected to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance of $1,614,545,341 (the “Wachovia Mortgage Loan Balance”) (subject to a variance of plus or minus 5.0%) as of the close of business on the Cut-Off Date, after giving effect to any payments during due on or prior to July 2013before such date, whether or not such payments are received, of $234,780,193. The purchase and sale of the Mortgage Loans shall take place on July 2June 30, 2013 2005, or such other date as shall be mutually acceptable to the parties hereto to this Agreement (the “Closing Date”). The purchase price to be paid by Purchaser consideration (the “Aggregate Purchase Price”) for the Mortgage Loans shall be equal to (i) 103.54% of the Wachovia Mortgage Loan Balance as of the Cut-Off Date, plus (ii) $6,882,191, which amount represents the amount of interest accrued on the Wachovia Mortgage Loan Balance at the related Net Mortgage Rate for the period from and including the Cut-Off Date up to be set forth as such purchase price in but not including the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”)Closing Date. The purchase price Aggregate Purchase Price shall be paid to the Seller or its designee by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Wachovia Bank Commercial Mortgage Trust Series 2005-C19)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2017, whether or not received, of $234,780,193262,671,757. The sale of the Mortgage Loans shall take place on July 2October 19, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Seller pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The cash portion of the purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July April 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 April 2015 are deemed to have been due and received on July April 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013April 2015, whether or not received, of $234,780,193220,116,019. The sale of the Mortgage Loans shall take place on July 2April 22, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the "Mortgage Loan Schedule") annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to the Mortgage Loans is July October 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first (1st) day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 October 2015 are deemed to have been due and received on July October 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2015, whether or not received, of $234,780,193110,136,650. The sale of the Mortgage Loans shall take place on July 2October 15, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the "Xxxx of Sale"). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2016, whether or not received, of $234,780,193214,748,094. The sale of the Mortgage Loans shall take place on July 2November 14, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 2013; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July December 2013 are deemed to have been due and received on July December 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July December 2013, whether or not received, of $234,780,193162,598,030. The sale of the Mortgage Loans shall take place on July 2December 18, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in March 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after March 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in March 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013March 2019, whether or not received, of $234,780,193152,920,000. The sale of the Mortgage Loans shall take place on July 2March 12, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2018, whether or not received, of $234,780,193164,474,062. The sale of the Mortgage Loans shall take place on July 2December 27, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H4)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in February 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in March 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in February 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013February 2016, whether or not received, of $234,780,193466,048,750. The sale of the Mortgage Loans shall take place on July 2February 25, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). On the Closing Date, Seller shall cause to be delivered to the Depositor (i) with respect to each Actual/360 Mortgage Loan, an amount equal to one (1) day of interest at the related Net Mortgage Rate on the related Stated Principal Balance as of the Cut-off Date; and (ii) with respect to any Mortgage Loan with an initial Due Date in April 2016, an amount equal to thirty-one (31) days of interest at the related Net Mortgage Rate on the related Stated Principal Balance of such Mortgage Loans as of the Cut-off Date. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28)

Agreement to Purchase. 1.1 (a) The Seller agrees to sell, and the Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the "Mortgage Loan Schedule") annexed hereto as Exhibit 1, as such schedule A. The Mortgage Loan Schedule may be amended to reflect the actual Mortgage Loans accepted by delivered to the Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance of $1,165,454,045.66 (the "Initial Pool Balance") (subject to a variance of plus or minus 5.0%) as of the close of business on the Cut-Off off Date, after giving effect to any payments during due on or prior to July 2013, before such date whether or not received, of $234,780,193. The purchase and sale of the Mortgage Loans shall take place on July 2December 23, 2013 1998 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). The purchase price to be paid by Purchaser consideration (the "Aggregate Purchase Price") for the Mortgage Loans shall consist of a cash amount equal to the amount Initial Pool Balance plus interest accrued on the Initial Pool Balance at the related Net Mortgage Rate for the period from and including the Cut-off Date up to be set forth as such purchase price in but not including the Xxxx of Sale (substantially in Closing Date less fees and expenses payable by the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”)Seller. The purchase price Aggregate Purchase Price shall be paid to the Seller or its designee by wire transfer in immediately available funds on the Closing Date. The Purchaser will assign to the Trustee, all of its right, title and interest in and to the Mortgage Loans.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (First Union Commercial Mortgage Securities Inc)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132018, whether or not received, of $234,780,193200,204,455. The sale of the Mortgage Loans shall take place on July 212, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2021, whether or not received, of $234,780,193239,364,812. The sale of the Mortgage Loans shall take place on July 2October 13, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in April 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after April 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in April 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013April 2021, whether or not received, of $234,780,193151,830,914. The sale of the Mortgage Loans shall take place on July 2May 11, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L5)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July August 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 August 2014 are deemed to have been due and received on July August 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013August 2014, whether or not received, of $234,780,193549,529,805. The sale of the Mortgage Loans shall take place on July 2August 14, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C17)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2016, whether or not received, of $234,780,193307,879,993. The sale of the Mortgage Loans shall take place on July 2December 21, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 December 2015 are deemed to have been due and received on July December 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013December 2015, whether or not received, of $234,780,19367,014,098. The sale of the Mortgage Loans shall take place on July 2December 15, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2015-Ubs8)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2017, whether or not received, of $234,780,193268,629,068. The sale of the Mortgage Loans shall take place on July 2October 19, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Xxxxxx Xxxxxxx Bank, N.A. pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The cash portion of the purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after June 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2019, whether or not received, of $234,780,193371,778,133. The sale of the Mortgage Loans shall take place on July 2June 19, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-H6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in April 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after April 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in April 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013April 2021, whether or not received, of $234,780,19391,900,000. The sale of the Mortgage Loans shall take place on July 2May 11, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L5)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2019, whether or not received, of $234,780,193234,072,239. The sale of the Mortgage Loans shall take place on July 2November 21, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L3)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July December 1, 2013; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July December 2013 are deemed to have been due and received on July December 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July December 2013, whether or not received, of $234,780,193556,821,512. The sale of the Mortgage Loans shall take place on July 2December 18, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2017, whether or not received, of $234,780,193324,656,637. The sale of the Mortgage Loans shall take place on July 2October 19, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Seller pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The cash portion of the purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2021, whether or not received, of $234,780,193116,986,385. The sale of the Mortgage Loans shall take place on July 2October 13, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2016, whether or not received, of $234,780,19378,610,016. The sale of the Mortgage Loans shall take place on July 2November 14, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2019, whether or not received, of $234,780,193242,751,123. The sale of the Mortgage Loans shall take place on July 2November 21, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L3)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2016, whether or not received, of $234,780,193176,368,206. The sale of the Mortgage Loans shall take place on July 2November 14, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in February 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in March 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in February 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013February 2016, whether or not received, of $234,780,19365,446,578. The sale of the Mortgage Loans shall take place on July 2February 25, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). On the Closing Date, Seller shall cause to be delivered to the Depositor (i) with respect to each Actual/360 Mortgage Loan, an amount equal to one (1) day of interest at the related Net Mortgage Rate on the related Stated Principal Balance as of the Cut-off Date; and (ii) with respect to any Mortgage Loan with an initial Due Date in April 2016, an amount equal to thirty-one (31) days of interest at the related Net Mortgage Rate on the related Stated Principal Balance of such Mortgage Loans as of the Cut-off Date. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28)

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Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after June 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2019, whether or not received, of $234,780,193115,552,026. The sale of the Mortgage Loans shall take place on July 2June 19, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-H6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2017, whether or not received, of $234,780,193158,196,507. The sale of the Mortgage Loans shall take place on July 2December 22, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2017-Hr2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in March 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after March 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in March 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013March 2019, whether or not received, of $234,780,193179,411,068. The sale of the Mortgage Loans shall take place on July 2March 12, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in February 2020 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after February 2020, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in February 2020 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013February 2020, whether or not received, of $234,780,193159,336,759. The sale of the Mortgage Loans shall take place on July 2February 20, 2013 2020 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date. On the Closing Date, the Seller shall cause to be delivered to the Purchaser with respect to each Actual/360 Mortgage Loan, an amount equal to one (1) day of interest at the related Net Mortgage Rate on the related Cut-off Date Balance.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2020-L4)

Agreement to Purchase. 1.1 The Seller agrees to sell, and the Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans Loan identified on the schedule (the "Mortgage Loan Schedule") annexed hereto as Exhibit 1, as such schedule A. The Mortgage Loan Schedule may be amended to reflect the actual Mortgage Loans Loan accepted by the Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt. The Mortgage Loans Loan will have an aggregate principal balance of $275,000,000 (the "Initial LUBS Pool Balance") as of the close of business on the Cut-Off off Date, after giving effect to any and all payments during of principal due thereon on or prior to July 2013before such date, whether or not received, of $234,780,193. The purchase and sale of the Mortgage Loans Loan shall take place on July 2December 5, 2013 2006, or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). The purchase price to be paid by Purchaser consideration for the Mortgage Loans Loan shall consist of a cash amount equal to a percentage (mutually agreed upon by the amount to be set forth as such purchase price in parties hereto) of the Xxxx Initial LUBS Pool Balance, plus interest accrued on the Mortgage Loan at the related Mortgage Rate (net of Sale (substantially in the form of Exhibit 3 heretorelated Administrative Cost Rate), for the period from and including November 13, 2006 up to be entered into between but not including the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price Closing Date, which cash amount shall be paid to the Seller or its designee by wire transfer in immediately available funds (or by such other method as shall be mutually acceptable to the parties hereto) on the Closing Date. The parties hereto acknowledge that: (i) the 1211 Avenue of the Americas Trust Mortgage Loan is the only Mortgage Loan; and (ii) the Mortgage Loan is an Outside Serviced Trust Mortgage Loan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (LB-UBS Commercial Mortgage Trust 2006-C7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132018, whether or not received, of $234,780,193188,214,518. The sale of the Mortgage Loans shall take place on July 212, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in March 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after March 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in March 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013March 2019, whether or not received, of $234,780,193183,951,525. The sale of the Mortgage Loans shall take place on July 2March 12, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after June 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2017, whether or not received, of $234,780,193201,169,187. The sale of the Mortgage Loans shall take place on July 2June 8, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2017-H1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July November 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 November 2015 are deemed to have been due and received on July November 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013November 2015, whether or not received, of $234,780,193261,138,431. The sale of the Mortgage Loans shall take place on July 2November 24, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July November 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 November 2015 are deemed to have been due and received on July November 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013November 2015, whether or not received, of $234,780,193128,053,185. The sale of the Mortgage Loans shall take place on July 2November 12, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July October 1, 20132012; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 October 2012 are deemed to have been due and received on July October 1, 2013 2012 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013October 2012, whether or not received, of $234,780,193863,366,872. The sale of the Mortgage Loans shall take place on July 2October 17, 2013 2012 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”), which purchase price excludes accrued interest and applicable deal expenses. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2012-C6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2018, whether or not received, of $234,780,193152,805,930. The sale of the Mortgage Loans shall take place on July 2December 27, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date. In addition, the Seller shall remit to the Purchaser on the Closing Date an amount equal to $54,983.95 in respect of the Mama Shelter LA Mortgage Loan, which has an initial Due Date in February 2019.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H4)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in February 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in March 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in February 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013February 2016, whether or not received, of $234,780,19391,506,391. The sale of the Mortgage Loans shall take place on July 2February 25, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). On the Closing Date, Seller shall cause to be delivered to the Depositor (i) with respect to each Actual/360 Mortgage Loan, an amount equal to one (1) day of interest at the related Net Mortgage Rate on the related Stated Principal Balance as of the Cut-off Date; and (ii) with respect to any Mortgage Loan with an initial Due Date in April 2016, an amount equal to thirty-one (31) days of interest at the related Net Mortgage Rate on the related Stated Principal Balance of such Mortgage Loans as of the Cut-off Date. The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2016, whether or not received, of $234,780,193156,670,194. The sale of the Mortgage Loans shall take place on July 2November 14, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132019, whether or not received, of $234,780,193311,738,454. The sale of the Mortgage Loans shall take place on July 225, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-H7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July August 1, 20132014; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 August 2014 are deemed to have been due and received on July August 1, 2013 2014 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013August 2014, whether or not received, of $234,780,193220,816,779. The sale of the Mortgage Loans shall take place on July 2August 14, 2013 2014 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C17)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132021, whether or not received, of $234,780,19393,150,000. The sale of the Mortgage Loans shall take place on July 213, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132021, whether or not received, of $234,780,193367,072,788. The sale of the Mortgage Loans shall take place on July 213, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L6)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2016, whether or not received, of $234,780,193296,164,463. The sale of the Mortgage Loans shall take place on July 2December 21, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in December 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after December 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in December 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013December 2017, whether or not received, of $234,780,193303,150,000. The sale of the Mortgage Loans shall take place on July 2December 22, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2017-Hr2)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in November 2019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after November 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in November 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013November 2019, whether or not received, of $234,780,193188,706,000. The sale of the Mortgage Loans shall take place on July 2November 21, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-L3)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after June 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2017, whether or not received, of $234,780,193146,888,919. The sale of the Mortgage Loans shall take place on July 2June 8, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2017-H1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2017 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after June 2017, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2017 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2017, whether or not received, of $234,780,193304,715,311. The sale of the Mortgage Loans shall take place on July 2June 8, 2013 2017 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2017-H1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12020 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2020, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2020 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132020, whether or not received, of $234,780,193154,227,462. The sale of the Mortgage Loans shall take place on July 231, 2013 2020 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2020-Hr8)

Agreement to Purchase. 1.1 The Seller agrees to sell, assign, transfer, set over and otherwise convey to the Purchaser, without recourse, and the Purchaser agrees to purchasepurchase from the Seller, on a subject to the Seller's transfer of the related servicing released basisrights as provided in the Servicing Rights Purchase Agreement dated as of March 13, 2003 (the "Servicing Rights Purchase Agreement") between the Seller and Midland Loan Services, Inc. and subject to the terms and conditions set forth herein, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofLoans. The Cut-Off Date with respect to the Mortgage Loans is July 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due purchase and received on July 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013, whether or not received, of $234,780,193. The sale of the Mortgage Loans shall take place on July 2March 13, 2013 2003 or such other date as shall be mutually acceptable to the parties hereto (the "Closing Date"). As of the close of business on the respective Due Dates for the Mortgage Loans in March 2003 (individually and collectively, the "Cut-off Date"), the Mortgage Loans will have an aggregate principal balance, after application of all payments of principal due on the Mortgage Loans on or before the Cut-off Date, whether or not received, as set forth in the Mortgage Loan Schedule attached hereto as Exhibit A. The purchase price to be paid by Purchaser for the Mortgage Loans shall equal be $301,878,729.51, which includes accrued interest on the amount Mortgage Loans at their respective Net Mortgage Rates from and including the Cut-off Date to be set forth as but not including the Closing Date, and the Purchaser shall pay such purchase price in to the Xxxx of Sale (substantially in Seller on the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller Closing Date by wire transfer in immediately available funds on to an account designated by the Closing DateSeller or by such other method as shall be mutually acceptable to the parties hereto.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CSFB Mortgage Sec Corp Comm Mort Pass THR Cert Ser 2003-Cnp1)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132019, whether or not received, of $234,780,19381,340,000. The sale of the Mortgage Loans shall take place on July 225, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-H7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2021, whether or not received, of $234,780,193102,896,465. The sale of the Mortgage Loans shall take place on July 2October 13, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12018 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2018, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2018 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132018, whether or not received, of $234,780,193202,333,012. The sale of the Mortgage Loans shall take place on July 212, 2013 2018 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2018-H3)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12019 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2019, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2019 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132019, whether or not received, of $234,780,193118,100,000. The sale of the Mortgage Loans shall take place on July 225, 2013 2019 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2019-H7)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to the Mortgage Loans is July August 1, 2013; provided that, for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July August 2013 are deemed to have been due and received on July August 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July August 1, 2013, whether or not received, of $234,780,193513,615,464. The sale of the Mortgage Loans shall take place on July 2August 15, 2013 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July November 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 November 2015 are deemed to have been due and received on July November 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013November 2015, whether or not received, of $234,780,19347,900,000. The sale of the Mortgage Loans shall take place on July 2November 24, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to the Mortgage Loans is July October 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first (1st) day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 October 2015 are deemed to have been due and received on July October 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2015, whether or not received, of $234,780,193460,471,899. The sale of the Mortgage Loans shall take place on July 2October 15, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to the Mortgage Loans is July October 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first (1st) day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 October 2015 are deemed to have been due and received on July October 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2015, whether or not received, of $234,780,193481,537,238. The sale of the Mortgage Loans shall take place on July 2October 15, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July November 1, 20132015; provided thatprovided, that for purposes of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 November 2015 are deemed to have been due and received on July November 1, 2013 2015 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Date, after giving effect to any payments during or prior to July 2013November 2015, whether or not received, of $234,780,193109,896,178. The sale of the Mortgage Loans shall take place on July 2November 12, 2013 2015 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26)

Agreement to Purchase. 1.1 The Seller agrees to sell, and the Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule . The Mortgage Loan Schedule may be amended to reflect the actual Mortgage Loans accepted by delivered to the Purchaser pursuant to the terms hereof. The Cut-Off Date with respect to the Mortgage Loans is July 1, 2013; provided that, for purposes of determining amounts allocable are expected to the related Seller, with respect to any Mortgage Loans not having due dates on the first day of each month, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to have been due and received on July 1, 2013 rather than the actual date of receipt. The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off Dateoff Date (the "Seller Mortgage Loan Balance") of $44,770,058.06 (subject to a variance of plus or minus 5.0%), after giving effect to any payments during due on or prior to July 2013before such date, whether or not such payments are received, of $234,780,193. The purchase and sale of the Mortgage Loans shall take place on July 2, 2013 or such other date as shall be mutually acceptable to the parties hereto Securitization Closing Date. The consideration (the “Closing Date”). The purchase price to be paid by Purchaser "Aggregate Purchase Price") for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx consist of Sale (substantially in the form of Exhibit 3 hereto)a cash amount, to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer payable in immediately available funds funds, as reflected on the settlement statement agreed to by the Seller and the Purchaser, which amount shall include interest accrued on the Mortgage Loan Balance for the period from and including the Cut-off Date up to but not including the Securitization Closing Date.. The Aggregate Purchase Price shall be reduced by an amount equal to one month of interest payable by the related borrower under the related Late Payment Date Loan, which amount shall be payable by the Seller to the Depositor on the Securitization Closing Date and will be used to make an interest only payment under such Late Payment Date Loan to the Certificateholders in April 2007. "

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (CD 2007-Cd4 Commercial Mortgage Trust)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in June 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in July 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in June 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013June 2016, whether or not received, of $234,780,193160,061,665. The sale of the Mortgage Loans shall take place on July 2June 7, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Bank of America Merrill Lynch Commercial Mortgage Trust 2016-Ubs10)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is Loan in July 12020 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after July 2020, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on date in July 1, 2013 rather than 2020 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 20132020, whether or not received, of $234,780,193151,294,911. The sale of the Mortgage Loans shall take place on July 231, 2013 2020 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2020-Hr8)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereofhereof . The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in May 2016 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate in June 2016, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in May 2016 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013May 2016, whether or not received, of $234,780,193275,637,398. The sale of the Mortgage Loans shall take place on July 2May 5, 2013 2016 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price to be paid by Purchaser for the Mortgage Loans shall equal the amount to be set forth as such purchase price in the Xxxx Bxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx Bxxx of Sale”). The purchase price shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C29)

Agreement to Purchase. 1.1 Seller agrees to sell, and Purchaser agrees to purchase, on a servicing released basis, the Mortgage Loans identified on the schedule (the “Mortgage Loan Schedule”) annexed hereto as Exhibit 1, as such schedule may be amended to reflect the actual Mortgage Loans accepted by Purchaser pursuant to the terms hereof. The Cut-Off off Date with respect to each Mortgage Loan is the respective due date for such Mortgage Loans is July 1Loan in October 2021 (or, 2013; provided that, for purposes in the case of determining amounts allocable to the related Seller, with respect to any Mortgage Loans not having Loan that has its first (1st) due dates on the first day of each monthdate after October 2021, the scheduled payments of principal and/or interest due thereon during July 2013 are deemed to date that would have been its due and received on July 1, 2013 rather than date in October 2021 under the actual date terms of receiptsuch Mortgage Loan if a monthly debt service payment were scheduled to be due in that month). The Mortgage Loans will have an aggregate principal balance as of the close of business on the Cut-Off off Date, after giving effect to any payments during or prior to July 2013October 2021, whether or not received, of $234,780,193274,695,494. The sale of the Mortgage Loans shall take place on July 2October 13, 2013 2021 or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”). The purchase price consideration to be paid by Purchaser for the Mortgage Loans shall equal a combination of (i) the portion of the VRR Interest transferred to Seller pursuant to the VRR Interest Transfer Agreement and (ii) the cash amount to be set forth as part of such purchase price consideration in the Xxxx of Sale (substantially in the form of Exhibit 3 hereto), to be entered into between the parties to this Agreement in connection with this Agreement and the issuance of the Certificates (the “Xxxx of Sale”). The purchase price cash portion of the consideration shall be paid to Seller by wire transfer in immediately available funds on the Closing Date.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2021-L7)

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