Common use of Conditions of Depositor's Obligations Clause in Contracts

Conditions of Depositor's Obligations. The obligations of the Depositor to purchase the Mortgage Loans will be subject to the satisfaction on the Closing Date of the following conditions. Upon payment of the purchase price for the Mortgage Loans, such conditions shall be deemed satisfied or waived.

Appears in 32 contracts

Samples: Morgan (Morgan Stanley Abs Capital I Inc), Prudential Securities (Prudential Securities Secured Financing Corp), Prudential Securities (Prudential Securities Secured Financing Corp)

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Conditions of Depositor's Obligations. The obligations of the Depositor to purchase the Mortgage Loans will be subject to the satisfaction satisfaction, on the Closing Date Date, of the following conditions. Upon payment of the purchase price for the Mortgage Loans, such conditions shall be deemed satisfied or waived.

Appears in 4 contracts

Samples: Trust Agreement (Prudential Securities Secured Financing Corp), S Agreement (Prudential Securities Secured Financing Corp), Prudential Securities Secured Financing Corp

Conditions of Depositor's Obligations. The obligations of the Depositor to purchase the Initial Mortgage Loans and Additional Mortgage Loans will be subject to the satisfaction satisfaction, on the Closing Date Date, of the following conditions. Upon payment of the purchase price for the Mortgage Loans, such conditions shall be deemed satisfied or waived.

Appears in 2 contracts

Samples: 'S Agreement (Prudential Securities Secured Financing Corp), Prudential Securities Secured Financing Corp

Conditions of Depositor's Obligations. The obligations of the Depositor to purchase the Mortgage Loans will be subject to the satisfaction on the Closing Date and on each Subsequent Transfer Date of the following conditions. Upon payment of the purchase price for the Mortgage Loans, such conditions shall be deemed satisfied or waived.

Appears in 2 contracts

Samples: Loan Purchase Agreement (Home Equity Securitization Corp), Loan Purchase Agreement (Residential Asset Funding Corp)

Conditions of Depositor's Obligations. The obligations of the Depositor to purchase the Mortgage Loans will be subject to the satisfaction on the Closing Date and on each Subsequent Transfer Date of the following conditions. Upon payment of the purchase price for the Mortgage Loans, such conditions shall be deemed satisfied or waived.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Prudential Securities Secured Financing Corp), Purchase and Sale Agreement (Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 2001-2)

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Conditions of Depositor's Obligations. The obligations of the Depositor to purchase the Mortgage Loans will be subject to the satisfaction satisfaction, on the Closing Date Date, of the following conditions. Upon payment of the purchase price for the Mortgage Loans, Loans such conditions shall be deemed satisfied or waived.

Appears in 1 contract

Samples: 'S Agreement (Residential Asset Funding Corp)

Conditions of Depositor's Obligations. The ------------------------------------- obligations of the Depositor to purchase the Mortgage Loans will be subject to the satisfaction on the Closing Date of the following conditions. Upon payment of the purchase price for the Mortgage Loans, such conditions shall be deemed satisfied or waived.

Appears in 1 contract

Samples: 'S Agreement (Cs First Boston Mortgage Securities Corp /De/)

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