Examples of Certificate Purchase Date in a sentence
The Certificate Purchaser shall purchase such GNMA Certificate, Xxxxxx Mae Security or Xxxxxxx Mac Security from the Servicer on a Certificate Purchase Date as set forth in the notice of such purchase from the Servicer at a price equal to applicable MBS Purchase Percentage of the unpaid principal balance of the Mortgage Loans comprising the Pool backing such GNMA Certificate, Xxxxxx Mae Security and Xxxxxxx Mac Security, respectively, plus accrued interest thereon.
The Servicer intends to submit to the Trustee a Mortgage Certificate for purchase pursuant to the Servicing Agreement on [Insert Certificate Purchase Date].
On each applicable Certificate Purchase Date, the Trustee shall purchase Ginnie Mae Certificates and Fannie Mae Certificates at the Ginnie Mae Certificate Purchase Price and the Fannie Mae Certificate Purchase Price, respectively, from amounts available in the 2019A Mortgage Loan Account in accordance with this subsection 2 unless otherwise instructed by the Department in a Letter of Instructions.
The amounts in such Account shall be used to purchase, on each Certificate Purchase Date within the Certificate Purchase Period, 2019A Mortgage Certificates.
On each applicable Certificate Purchase Date, the Trustee shall purchase Ginnie Mae Certificates at the Ginnie Mae Certificates Purchase Price, from amounts available in the 2022 A Mortgage Loan Account in accordance with this subsection (c) unless otherwise instructed by the Department in a Letter of Instructions.
The amounts in such Account shall be used to purchase, on each Certificate Purchase Date within the Certificate Purchase Period, 2022 A Mortgage Certificates.
The amounts in such Account shall be used to purchase, on each Certificate Purchase Date within the Certificate Purchase Period, 2021A Mortgage Certificates.
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Concurrently with the execution and delivery hereof, at the direction of the Company, the Trustee, acting solely as an intermediary agent (the "Agent") for CDC and the holders of the Class A Certificates as of the Certificate Purchase Date (as defined in the Mandatory Certificate Purchase Agreement) and not as Trustee or on behalf of the Trust, shall execute and deliver a Mandatory Certificate Purchase Agreement substantially in the form of Exhibit P hereto.
Not later than one (1) Business Day prior to the Certificate Purchase Date, CDC shall deposit or cause to be deposited into the Certificate Purchase Account (by wire transfer to the Agent of immediately available funds) the aggregate Certificate Purchase Price for the Class A Certificates.