Common use of Optional Repurchase of Defaulted Revolving Credit Loans Clause in Contracts

Optional Repurchase of Defaulted Revolving Credit Loans. Notwithstanding any provision in Section 3.07 to the contrary, the Master Servicer, at its option and in its sole discretion, may repurchase any Revolving Credit Loan delinquent in payment for a period of 60 days or longer for a price equal to the Repurchase Price.

Optional Repurchase of Defaulted Revolving Credit Loans. Notwithstanding any provision in Section 3.07 to the contrary, the Master Servicer, at its option and in its sole discretion, may repurchase any Revolving Credit Loan delinquent in payment for a period of 60 days or longer for a price equal to the Repurchase Price.

Optional Repurchase of Defaulted Revolving Credit Loans. Notwithstanding any provision in Section 3.07 to the contrary, the Master Servicer, at its option and in its sole discretion, may repurchase any Revolving Credit Loan delinquent in payment for a period of 60 days or longer for a price equal to the Repurchase Price.. [NY01:227422.4] 16069-00369 10/28/96 5:11pm 18

Optional Repurchase of Defaulted Revolving Credit Loans. (a) Notwithstanding any provision in Section 3.07 to the contrary, the Master Servicer, at its option and in its sole discretion, may repurchase any Revolving Credit Loan delinquent in payment for a period of 60 days or longer for a price equal to the Repurchase Price.

Optional Repurchase of Defaulted Revolving Credit Loans. Notwithstanding Notwith- standing any provision in Section 3.07 to the contrary, the Master Servicer, at its option and in [NY01B:316703.2] 16069-00394 03/27/97 10:57am 17 its sole discretion, may repurchase any Revolving Credit Loan delinquent in payment for a period of 60 days or longer for a price equal to the Repurchase Price.. [NY01B:316703.2] 16069-00394 03/27/97 10:57am 18

Optional Repurchase of Defaulted Revolving Credit Loans. Notwithstanding any provision in Section 3.07 3.7 to the contrary, the Master Servicer, at its option and in its sole discretion, may repurchase any Revolving Credit Loan delinquent in payment for a period of 60 days or longer for a price equal to the Repurchase Price.