CFS Loans definition
Examples of CFS Loans in a sentence
Purchaser Trust hereby acknowledges receipt of the Transferred CFS Loans included in the Pool.
Program Lender hereby assigns and sets over to Purchaser Trust any claims it may now or hereafter have under the Guaranty Agreement the Origination Agreement, and the Servicing Agreement to the extent the same relate to the Transferred CFS Loans described in Schedule 2, other than any right to obtain servicing after the date hereof.
Such advance shall be payable within fifteen (15) days after the relevant Payment Target Date and shall be credited, without interest or other carrying charge, against the purchase price of CFS Loans (as between Program Manager and Bank) and against the compensation due hereunder (as between Bank and Marketer) at the next closing of a Securitization Transaction.
Such assignment shall be conditioned upon Marketer repaying, without interest or carrying charge, to Program Manager all advances made under Section 3.01 hereof with respect to the CFS Loans that Marketer will have the right to acquire under the Note Purchase Agreement.
Professional Services are available on a time and materials basis and, unless otherwise agreed in the applicable SOW, will be governed by this Purchase Agreement.
Offices 527 48.92 Parts Mezzanine 778 72.23 Display Parking 13 Customer Parking 6 General Parking 6 Freehold.
Marketer further acknowledges that causing prepayment of CFS Loans may undermine the financial viability of Securitization Transactions sponsored by Program Manager, causing damage which is difficult to calculate at the time it occurs and which the parties have reasonably estimated in this agreement.
Program Manager agrees to cause the purchaser of CFS Loans in a securitization transaction to enter into appropriate agreements with Marketer to support Marketer's exclusive right to market additional CFS Loans to Returning Borrowers.
Beginning May 1, 2005, Marketer agrees that it shall spend at least [**] dollars ($[**]) in the period between May 1, 2005 through April 30, 2006; and at least [**] dollars ($[**]) between May 1, 2006 through July 1, 2007) in its efforts to market CFS Loans.
Marketer shall maintain a list of consolidation loans it closes that refinance CFS Loans and shall report the borrower names and SSNs to Program Manager quarterly.