Common use of The Additional Home Equity Loans Clause in Contracts

The Additional Home Equity Loans. The Purchaser may use the funds in each Additional Loan Account to purchase Additional Home Equity Loans on any Subsequent Closing Date designated by the Purchaser by the Latest Subsequent Closing Date. On each Subsequent Closing Date, each Seller shall deliver a Transfer Document (properly completed and executed by the Seller) to the Purchaser. When each Seller delivers a Transfer Document, that Seller hereby transfers to the Purchaser without recourse, and the Purchaser purchases and shall effect payment for, all of its right, title, and interest in each Additional Home Equity Loan identified in the Transfer Document, including its Asset Balance (including all Additional Balances) and all collections received on it after the relevant Subsequent Cut-off Date (excluding payments due by the Subsequent Cut-off Date) and all proceeds of the foregoing.

The Additional Home Equity Loans. The Purchaser may use the funds in each the Additional Loan Account to purchase Additional Home Equity Loans on any Subsequent Closing Date designated by the Purchaser by the Latest Subsequent Closing Date. On each Subsequent Closing Date, each Seller shall deliver a Transfer Document (properly completed and executed by the Seller) to the Purchaser. When each Seller delivers a Transfer Document, that Seller hereby transfers to the Purchaser without recourse, and the Purchaser purchases and shall effect payment for, all of its right, title, and interest in each Additional Home Equity Loan identified in the Transfer Document, including its Asset Balance (including all Additional Balances) and all collections received on it after the relevant Subsequent Cut-off Date (excluding payments due by the Subsequent Cut-off Date) and all proceeds of the foregoing.

The Additional Home Equity Loans. The Purchaser may use the funds in each Additional Loan Account to purchase Additional Home Equity Loans on any Subsequent Closing Date designated by the Purchaser by the Latest Subsequent Closing Date. On each Subsequent Closing Date, each the Seller shall deliver a Transfer Document (properly completed and executed by the Seller) to the Purchaser. When each the Seller delivers a Transfer Document, that the Seller hereby transfers to the Purchaser without recourse, and the Purchaser purchases and shall effect payment for, all of its right, title, title and interest in each Additional Home Equity Loan identified in the Transfer Document, including its Asset Balance (including all Additional Balances) and all collections received on it after the relevant Subsequent Cut-off Date (excluding payments due by the Subsequent Cut-off Date) and all proceeds of the foregoing.

The Additional Home Equity Loans. The Purchaser may use the funds in each Additional Loan Account to purchase Additional Home Equity Loans on any Subsequent Closing Date designated by the Purchaser by the Latest Subsequent Closing Date. On each Subsequent Closing Date, each the Seller shall deliver a Transfer Document (properly completed and executed by the Seller) to the Purchaser. When each the Seller delivers a Transfer Document, that the Seller hereby transfers to the Purchaser without recourse, and the Purchaser purchases and shall effect payment for, all of its the Seller's right, title, title and interest in each Additional Home Equity Loan identified in the Transfer Document, including its Asset Balance (including all Additional Balances) and all collections received on it after the relevant Subsequent Cut-off Date (excluding payments due by the Subsequent Cut-off Date) and all proceeds of the foregoing.