Common use of Initiation Termination Clause in Contracts

Initiation Termination. 39 3.1. Seller Request; Agent Confirmation ............................................................................. 39 3.2. Request/Confirmation ................................................................................................... 40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 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 ..................................................................... 42 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 Section 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.

Initiation Termination. 39 40 3.1. Seller Request; Agent Confirmation ............................................................................. 39 ............................................................................ 40 3.2. Request/Confirmation ................................................................................................... 40 .................................................................................................. 41 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 41 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 .................................................................... 42 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 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 ..................................................................... 42 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 Section 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.

Initiation Termination. 39 36 3.1. Seller Request; Agent Confirmation ............................................................................. 39 ......................................................................36 3.2. Request/Confirmation ................................................................................................... 40 ............................................................................................37 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 ..............................................37 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 ..............................................................38 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 ...........................................38 3.6. [Reserved] ..................................................................................................................... 42 ]. .............................................................................................................38 3.7. Disbursements from Repurchase Settlement Account .................................................. 42 ...........................................38 3.8. Delivery of Additional Mortgage Loans ....................................................................... 42 ................................................................39 3.9. Application of Purchase Price Decreases ..................................................................... 42 ..............................................................39 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 Section ..................................................................................................39 SECTION 4. Transaction Limits and Sublimits. ........................................................................ 47 TRANSACTION LIMITS AND SUBLIMITS .....................................................42 4.1. Transaction Limits ........................................................................................................ 47 .................................................................................................42 4.2. Transaction Sublimits ................................................................................................... 48 ............................................................................................43 4.3. Compliance ................................................................................................................... 49 Section ............................................................................................................44 SECTION 5.

Initiation Termination. 39 35 3.1. Seller Request; Agent Confirmation ............................................................................. 39 ......................................................................35 3.2. Request/Confirmation ................................................................................................... 40 ............................................................................................36 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 ..............................................36 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 ..............................................................37 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 ...........................................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 ..................................................................... 42 ..............................................................38 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 Section ..................................................................................................38 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.

Initiation Termination. 39 3.1. Seller Request; Agent Confirmation ............................................................................. Confirmation.................................................................. 39 3.2. Request/Confirmation ................................................................................................... ...................................................................................... 40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... Decrease............................................ 40 3.4. Place for Payments of Repurchase Prices ..................................................................... .......................................................... 41 3.5. Withdrawals from and Credits to Operating Account .................................................. 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 ..................................................................... Decreases........................................................... 42 3.10. Defaulting Buyers ......................................................................................................... 43 ............................................................................................ 42 3.11. eMortgage Loan Transactions ....................................................................................... Transactions........................................................................... 45 Section SECTION 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.

Initiation Termination. 39 4039 3.1. Seller Request; Agent Confirmation ............................................................................. 39 ...................................................................... 4039 3.2. Request/Confirmation ................................................................................................... 40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 ............................................... 4140 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 ............................................ 4241 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 ..................................................................... 42 ............................................................... 4342 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 ................................................................................ 4645 Section 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.

Initiation Termination. 39 41 3.1. Seller Request; Agent Confirmation ............................................................................. 39 ............................................................................ 41 3.2. Request/Confirmation ................................................................................................... 40 .................................................................................................. 42 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 42 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 .................................................................... 43 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 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 ..................................................................... 42 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 Section 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.

Initiation Termination. 39 3940 3.1. Seller Request; Agent Confirmation ............................................................................. 39 Confirmation..........................................................................3940 3.2. Request/Confirmation ................................................................................................... ConfirmationEntering into Transactions .........................................................40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 ..................................................4041 3.4. Place for Payments of Repurchase Prices ..................................................................... Prices......................................................................41 3.5. Withdrawals from and Credits to Operating OperatingHaircut Account .................................................. .......................................41 3.6. [Reserved] ..................................................................................................................... Reserved]......................................................................................................................42 3.7. Disbursements from Repurchase Settlement Account .................................................. ..................................................42 3.8. Delivery of Additional Mortgage Loans ....................................................................... Loans........................................................................42 3.9. Application of Purchase Price Decreases ..................................................................... 42 ..................................................................4243 3.10. Defaulting Buyers ......................................................................................................... ......................................................................................................43 3.11. eMortgage Loan Transactions ....................................................................................... 45 ...............................................................................4546 Section 4. Transaction Limits and Sublimits. ........................................................................ .........................................................................47 4.1. Transaction Limits ........................................................................................................ .........................................................................................................47 4.2. Transaction Sublimits ................................................................................................... ....................................................................................................48 4.3. Compliance ................................................................................................................... ....................................................................................................................49 Section 5.

Initiation Termination. 39 40 3.1. Seller Request; Agent Confirmation ............................................................................. 39 40 3.2. Request/Confirmation ................................................................................................... 40 3.3. Transaction Termination; Purchase Price Decrease ..................................................... 40 41 3.4. Place for Payments of Repurchase Prices ..................................................................... 41 3.5. Withdrawals from and Credits to Operating Account .................................................. 41 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 ..................................................................... 42 43 3.10. Defaulting Buyers ......................................................................................................... 43 3.11. eMortgage Loan Transactions ....................................................................................... 45 Section 4. Transaction Limits and Sublimits. ........................................................................ 47 4.1. Transaction Limits ........................................................................................................ 47 4.2. Transaction Sublimits ................................................................................................... 48 4.3. Compliance ................................................................................................................... 49 Section 5.