Common use of Initiation Termination Clause in Contracts

Initiation Termination. 40 3.1. Seller Request; Agent Confirmation ............................................................................. 40 3.2. Request/Confirmation ................................................................................................... 40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 41 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 3.5. Withdrawals from and Credits to Operating Account .................................................. 42 3.6. [Reserved] ..................................................................................................................... 42 3.7. Disbursements from Repurchase Settlement Account .................................................. 42 3.8. Delivery of Additional Mortgage Loans ....................................................................... 42 3.9. Application of Purchase Price Decreases ..................................................................... 43 3.10.

Initiation Termination. 40 39 3.1. Seller Request; Agent Confirmation ............................................................................. 40 Confirmation.................................................................. 39 3.2. Request/Confirmation ................................................................................................... ...................................................................................... 40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 41 Decrease............................................ 40 3.4. Place for Payments of Repurchase Prices ..................................................................... .......................................................... 41 3.5. Withdrawals from and Credits to Operating Account .................................................. 42 Account......................................... 41 3.6. [Reserved] ..................................................................................................................... 42 ]. ...................................................................................................... 41 3.7. Disbursements from Repurchase Settlement Account .................................................. 42 ........................................ 41 3.8. Delivery of Additional Mortgage Loans ....................................................................... ............................................................ 42 3.9. Application of Purchase Price Decreases ..................................................................... 43 Decreases........................................................... 42 3.10. Defaulting Buyers ............................................................................................ 42 3.11. eMortgage Loan Transactions........................................................................... 45 SECTION 4.

Initiation Termination. 40 3.1. Seller Request; Agent Confirmation ............................................................................. ............................................................................ 40 3.2. Request/Confirmation ................................................................................................... 40 .................................................................................................. 41 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 41 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 .................................................................... 42 3.5. Withdrawals from and Credits to Operating Account .................................................. 42 3.6. [Reserved] ..................................................................................................................... 42 .................................................................................................................... 43 3.7. Disbursements from Repurchase Settlement Account .................................................. 42 ................................................. 43 3.8. Delivery of Additional Mortgage Loans ....................................................................... 42 ...................................................................... 43 3.9. Application of Purchase Price Decreases ..................................................................... 43 3.10.

Initiation Termination. 40 35 3.1. Seller Request; Agent Confirmation ............................................................................. 40 ......................................................................35 3.2. Request/Confirmation ................................................................................................... 40 ............................................................................................36 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 41 ..............................................36 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 ..............................................................37 3.5. Withdrawals from and Credits to Operating Account .................................................. 42 ...........................................37 3.6. [Reserved] ..................................................................................................................... 42 Purchase of Existing Mortgage Loan Portfolio. ....................................................37 3.7. Disbursements from Repurchase Settlement Account .................................................. 42 ...........................................38 3.8. Delivery of Additional Mortgage Loans ....................................................................... 42 ................................................................38 3.9. Application of Purchase Price Decreases ..................................................................... 43 ..............................................................38 3.10.. Defaulting Buyers ..................................................................................................38 4

Initiation Termination. 40 41 3.1. Seller Request; Agent Confirmation ............................................................................. 40 ............................................................................ 41 3.2. Request/Confirmation ................................................................................................... 40 .................................................................................................. 42 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 41 42 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 .................................................................... 43 3.5. Withdrawals from and Credits to Operating Account .................................................. 42 43 3.6. [Reserved] ..................................................................................................................... 42 .................................................................................................................... 43 3.7. Disbursements from Repurchase Settlement Account .................................................. 42 ................................................. 43 3.8. Delivery of Additional Mortgage Loans ....................................................................... 42 ...................................................................... 44 3.9. Application of Purchase Price Decreases ..................................................................... 43 3.10.