Sale and Purchase of Further Advances. (a) The sale of the Loans and their Related Security comprised in the Portfolio shall not impose or include any obligation on the Issuer to pay or make any Further Advances to Borrowers in respect of Loans comprised in the Portfolio, which obligation (if any) shall at all times, and notwithstanding the sale of such Loans and their Related Security to the Issuer, remain an obligation of the Seller.
Appears in 6 contracts
Samples: Agreement, Version Mortgage Sale Agreement, Version Mortgage Sale Agreement
