Common use of Conversion to Fixed Interest Rate Clause in Contracts

Conversion to Fixed Interest Rate. With respect to Adjustable Rate Loans, the Loan is not convertible to a fixed interest rate Loan.

Appears in 12 contracts

Samples: Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC), Master Repurchase Agreement (Tree.com, Inc.)

Conversion to Fixed Interest Rate. With respect to Adjustable Rate adjustable rate Loans, the Loan is not convertible to a fixed interest rate Loan.

Appears in 2 contracts

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (MortgageIT Holdings, Inc.)