Common use of Hedge Investments in Mortgage Loans Clause in Contracts

Hedge Investments in Mortgage Loans. If at any time during the term of this Agreement, the Seller is hedging its investments in Mortgage Loans sold to the Administrative Agent and the Buyers, the Seller will prepare its weekly periodic hedge position reports in form, substance and detail reasonably satisfactory to the Administrative Agent, including a calculation of the weighted average purchase price for Mortgage Loans so hedged, and provide a copy of each to the Administrative Agent when issued, and upon the Administrative Agent’s reasonable request, the Seller will deliver to the Administrative Agent copies of the Hedge Agreements acquired by the Seller and held from time to time to so hedge its investments in Mortgage Loans sold to the Buyers.