Common use of Obligations of Seller Upon Sale Clause in Contracts

Obligations of Seller Upon Sale. (a) In connection with the transfer pursuant to Section 2.01 hereof, the Seller further agrees, at its own expense, on or prior to the Closing Date, (a) to indicate in its books and records that the Mortgage Loans have been sold to the Purchaser or to the Indenture Trustee as assignee of the Purchaser pursuant to this Agreement and (b) to deliver to the Purchaser (or its designee, the Indenture Trustee) a computer file containing a true and complete list of all such Mortgage Loans specifying, among other things, for each such Mortgage Loan, as of the Cut-off Date, (1) its account number and (2) the Cut-off Date Principal Balance. Such file, which forms a part of Exhibit A to the Sale and Servicing Agreement, shall also be marked as Schedule I to this Agreement and is hereby incorporated into and made a part of this Agreement.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1), Mortgage Loan Purchase Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Mortgage Loan Purchase Agreement (Indymac MBS Inc)

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Obligations of Seller Upon Sale. (a) In connection with the any transfer pursuant to Section 2.01 hereof, the Seller further agrees, at its own expense, on or prior to the Closing Date, (a) to indicate in its books and records that the Mortgage Loans have been sold to the Purchaser or to the Indenture Owner Trustee as assignee of the Purchaser Purchaser, as applicable, pursuant to this Agreement and (b) to deliver to the Purchaser (or its designeeat the direction of the Purchaser, to the Indenture Trustee) , as applicable, a computer file containing a true and complete list of all such Mortgage Loans specifying, among other things, for each such Mortgage Loan, as of the Cut-off Off Date, (1) its account number and (2) the Cut-off Off Date Principal Balance. Such file, which forms a part of Exhibit A to the Sale and Servicing Agreement, shall also be marked as Schedule I to this Agreement and is hereby incorporated into and made a part of this Agreement.. In connection with such transfer by the Seller, the Seller agrees to:

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (First Horizon Asset Sec HELOC Notes Ser 2006-He2), Mortgage Loan Purchase Agreement (First Horizon Asset Sec HELOC Notes Ser 2006-He1), Mortgage Loan Purchase Agreement (First Horizon Asset Sec HELOC Notes Ser 2007-He1)

Obligations of Seller Upon Sale. (a) In connection with the any transfer pursuant to Section 2.01 hereof, the Seller further agrees, at its own expense, on or prior to the Closing Date, (a) to indicate in its books and records that the Mortgage Loans have been sold to the Purchaser or to the Indenture Trustee as assignee of the Purchaser pursuant to this Agreement and (b) to deliver to the Purchaser (or its designee, the Indenture Trustee) a computer file containing a true and complete list of all such Mortgage Loans specifying, among other things, for each such Mortgage Loan, as of the Cut-off Off Date, (1) its account number and (2) the Cut-off Off Date Principal Balance. Such file, which forms a part of Exhibit A to the Sale and Servicing Agreement, shall also be marked as Schedule I to this Agreement and is hereby incorporated into and made a part of this Agreement.. In connection with such transfer by the Seller, the Seller agrees to:

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Indymac Abs Inc), Mortgage Loan Purchase Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1)

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Obligations of Seller Upon Sale. (a) In connection with the transfer pursuant to Section 2.01 hereof, the Seller further agrees, at its own expense, on or prior to the Closing Date, (a) to indicate in its books and records that the Mortgage Loans have been sold to the Purchaser or to the Indenture Trustee as assignee of the Purchaser pursuant to this Agreement and (b) to deliver to the Purchaser (or its designee, the Indenture Trustee) a computer file containing a true and complete list of all such Mortgage Loans specifying, among other things, for each such Mortgage Loan, as of the Cut-off Date, (1) its account number and (2) the Cut-off Date Principal Balance. Such file, which forms a part of Exhibit A to the Sale and Servicing Agreement, shall also be marked as Schedule I to this Agreement and is hereby incorporated into and made a part of this Agreement.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H2)

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