Anticipated Settlement Date definition
Examples of Anticipated Settlement Date in a sentence
Notwithstanding anything to the contrary herein, in the event the Purchased Mortgage Loans are repurchased prior to the related Anticipated Settlement Date pursuant to the Repurchase Agreement, Buyer irrevocably instructs Custodian, upon receipt of written notice thereof from Buyer, to release to such Seller such Purchased Mortgage Loans as more particularly described in Section 9(a) above.
Notwithstanding anything to the contrary herein, in the event the Purchased Mortgage Loans are repurchased prior to the related Anticipated Settlement Date pursuant to the Repurchase Agreement, Buyer irrevocably instructs Custodian, upon receipt of written notice thereof from Buyer, to release to Sellers such Purchased Mortgage Loans as more particularly described in Section 8.
Notwithstanding anything to the contrary herein, in the event the Purchased Mortgage Loans are repurchased prior to the related Anticipated Settlement Date pursuant to the Repurchase Agreement, Buyer irrevocably instructs Custodian, upon receipt of written notice thereof from Buyer, to release to the applicable Seller such Purchased Mortgage Loans as more particularly described in Section 8.
In the event that a Mortgage Loan is not purchased by an Approved Takeout Investor on or before the 30th day after the Anticipated Settlement Date, the Administrative Agent may, but shall not be obligated to, arrange for the sale of such Mortgage Loan as soon as possible.