Common use of Asset Conditions Clause in Contracts

Asset Conditions. The following conditions (the Asset Conditions) to be met at each Monthly Test Date in respect of any Further Advances, Product Switches and Tested Underpayment Options made in the Monthly Period immediately preceding the Monthly Test Date are:

Appears in 5 contracts

Samples: Version Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

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Asset Conditions. The following conditions (the Asset Conditions) to be met at each Monthly Test Date in respect respec t of any Further Advances, Product Switches and Tested Underpayment Options made in the Monthly Period immediately preceding the Monthly Test Date are:

Appears in 1 contract

Samples: Version Mortgage Sale Agreement

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