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Common use of Construction; Exchange Clause in Contracts

Construction; Exchange. No Mortgage Loan was made solely in connection with (a) the construction or rehabilitation of a Mortgaged Property or (b) facilitating the trade-in or exchange of a Mortgaged Property.

Appears in 20 contracts

Sources: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Mortgage Pass-Through Certificates, Series 2005-2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. 2005-7), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2005-5)

Related Clauses

  • Construction, Etc
  • CONSTRUCTION AND RENOVATION
  • Construction Plans
  • Construction Clearing
  • Construction of Contract

Parent Clauses

  • No Trustee Liability for Actions or Inactions of Custodians
  • Intention of the Parties and Interpretation
  • Indemnification
  • Grant of Security Interest
  • REPRESENTATIONS AND WARRANTIES; REMEDIES FOR BREACH
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