ETA Agreement definition

ETA Agreement. An Electronic Tracking Agreement; Whole Loan Sale Agreement, in form and substance approved by Purchaser, by and between Purchaser, Seller, MERSCORP, and MERS pursuant to which, among other things, (a) the mortgagee of record under MERS Loans will be identified as MERS, (b) MERSCORP will act as Electronic Agent of Purchaser and Seller with respect to MERS Loans, and (c) upon the occurrence of certain events, MERSCORP will take such action as is necessary to reflect Purchaser as the investor, and/or Purchaser or its designee as servicer, on the MERS System with respect to certain MERS Loans.
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Examples of ETA Agreement in a sentence

  • Therefore, the parties have set forth these ideas in this Memorandum of Understanding, and specifically agree that the following items are not intended to be part of the ETA Agreement, nor are they intended to be subject to the ETA grievance procedure.

  • During the course of negotiations for the 2004-2007 ETA Agreement the Board and ETA discussed several important items.

  • The adherence to the ETA Agreement is formalized through an oath of allegiance by natural and legal persons in the process of acceding to one of the organs, councils or becoming members of UNCACED.

  • During the negotiations for the 2011 – 2014 ETA Agreement, additional changes recommended by the TMP Steering Committee were added.

  • Our dedication to integrity and humanistic economies requires strict compliance with the ETA Agreement, and we’ll always use vigilance to monitor and ensuring the situation is well mastered and making proper decisions in a manner that safeguards our reputation and putts peace, humanism and universal welfare first.

  • ETA Agreement, additional changes, recommended by the TMP Steering Committee were added.