Purchase and Sale of the Loans Sample Clauses

Purchase and Sale of the Loans. Subject to the terms and conditions of this Agreement, at the Closing, Ofir shall sell, assign, transfer, convey, and deliver to Purchaser, and Purchaser shall accept and purchase, the Loans and any and all rights in the Loans to which Ofir is entitled, and by doing so Ofir shall be deemed to have assigned all of his rights, title and interest in and to the Loans to Purchaser. Such sale of the Loans shall be evidenced by the execution and delivery of the Assignment and Indemnification Agreement in the form attached hereto as Exhibit A (the “Assignment Agreement”).
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Purchase and Sale of the Loans. For valuable consideration, the sufficiency of which is hereby acknowledged, and subject to the terms, provisions and conditions of this Agreement, as of the Closing Seller hereby sells, assigns and conveys to Purchaser, and Purchaser hereby purchases and accepts from Seller, all of the Seller’s right, title and interest in and to the Loans. Except as provided in Section 5.7, the sale of such Loans shall be on a whole-loan, servicing released basis and shall include all of Seller’s right, title and interest in and to the related Collateral Documents, to the extent assignable. Except as provided in Section 5.7, Seller shall have no obligation to service the Loans after the Closing Date.
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Purchase and Sale of the Loans. 9 Section 2.1. Purchase and Sale of Assets ......................... 9 Section 2.2. Closing ............................................. 9 Section 2.3. Closing Date ........................................ 9 Section 2.4. Transfer and Recordation Taxes; Responsibility for Recording ....................................... 10 Section 2.5. Closing Expenses .................................... 10 Section 2.6. Post-Closing Deliveries ............................. 11 Section 2.7. Escrows ............................................. 11 Section 2.8. Delivery of Certain Documents; Filing and Recording . 11 Section 2.9. Limited Purpose of Purchase Price Percentages ....... 12
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Purchase and Sale of the Loans. Section 2.01. Agreement to Sell and Purchase Mortgage Loans . 5 Section 2.02. Release of Servicing........................... 5 ARTICLE III
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Purchase and Sale of the Loans. AND REAL ESTATE OWNED 9
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Purchase and Sale of the Loans 
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Related to Purchase and Sale of the Loans

  • Purchase and Sale of the Units Subject to the terms and conditions of this Agreement, on the Closing Date, each Investor shall purchase, and the Company shall sell and issue to each Investor, the number of Units set forth opposite the Investor’s name on the signature page attached hereto at a price per Unit equal to the Per Unit Purchase Price.

  • Purchase and Sale of the Assets (a) Purchase and Sale of the Assets. Subject to the terms and conditions of this Agreement and on the basis of the representations, warranties, covenants and agreements herein contained:

  • Purchase and Sale of the Property Subject to the terms of this Agreement, Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, the Property for the Purchase Price.

  • Purchase and Sale of Acquired Assets On the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, assign, convey and transfer to Buyer, and Buyer shall purchase, assume and acquire from Seller, free and clear of Liens other than Permitted Liens, all of Seller’s right, title and interest in and to the following properties, rights and assets owned by Seller constituting, or used in and necessary for the operation of, the Business (collectively, the “Acquired Assets”):

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

  • Purchase and Sale of Notes and Warrants (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, secured convertible promissory notes in the aggregate principal amount of up to Three Million Five Hundred Thousand Dollars ($3,500,000), convertible into shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in substantially the form attached hereto as Exhibit B (the “Notes”). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), including Regulation D (“Regulation D”), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

  • Purchase and Sale of the Mortgage Loans and Related Rights (a) Upon satisfaction of the conditions set forth in Section 10 hereof, the Mortgage Loan Seller agrees to sell, and the Purchaser agrees to purchase Mortgage Loans having an aggregate outstanding principal balance as of the Cut-off Date equal to the Cut-off Date Balance.

  • Purchase and Sale of the Purchased Assets 2 Section 2.1 Assets of Seller to be Transferred to Buyer 2 Section 2.2 Excluded Assets 3 ARTICLE III PURCHASE PRICE FOR THE PURCHASED ASSETS 4 Section 3.1 Purchase Price 4 Section 3.2 Closing Payments 4 Section 3.3 Post-Closing Payments. 4 Section 3.4 Pre-Closing Statement; Post-Closing Purchase Price Adjustment. 5 Section 3.5 Covenants Regarding Stock Consideration. 7 Section 3.6 Allocation of Purchase Price 8 Section 3.7 Withholding 8 Section 3.8 Electronic Transfer of Certain Assets 8 Section 3.9 Employee and Independent Contractor Matters 9 Section 3.10 Inability to Assign Assigned Contracts. 10 Section 3.11 Payments to Members 10 Section 3.12 Paying Agent 11

  • Purchase and Sale of Interests Upon the terms and subject to the conditions set forth in this Agreement, Seller shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, at the Closing, the Interests. Seller shall transfer the Interests to Buyer by delivery of the Assignment Document at Closing.

  • Purchase and Sale of the Notes (a) The Issuer agrees to issue and sell the Notes to the several Underwriters as provided in this Agreement, and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase from the Issuer the respective principal amount of Notes set forth opposite such Underwriter’s name in Schedule 1 hereto at a price equal to [ ]% of the principal amount of the Notes, plus accrued interest, if any, from [ ], [ ], to the Closing Date (as defined below).

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