Gestation Repurchase Facility definition
Gestation Repurchase Facility means the repurchase facility described in that certain Mortgage Loan Purchase and Sale Agreement, dated as of April 15, 2008, among Buyer and Greenwich Capital Financial Products, Inc., as Purchasers, and PHH, as Seller, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with its terms.
Gestation Repurchase Facility means the repurchase facility described in that certain Mortgage Loan Purchase and Sale Agreement, dated as of April 15, 2008, among Buyer and Greenwich Capital Financial Products, Inc., as Purchasers, and PHH, as Seller, as the same 2 [***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. may be amended, supplemented, restated or otherwise modified from time to time in accordance with its terms.
Examples of Gestation Repurchase Facility in a sentence
This Agreement, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with the terms hereof, shall constitute the “Committed Master Repurchase Facility” for all purposes of the Gestation Repurchase Facility.
Provided no “default”, “event of default” or “Servicer Termination Event” has occurred or is continuing thereunder, the Gestation Repurchase Facility shall continue in full force and effect in accordance with the terms thereof until the Termination Date of this Committed Master Repurchase Facility.
From and after the Termination Date, as defined in this Agreement, the “Committed Amount” for all purposes of this Agreement and the Gestation Repurchase Facility shall be zero ($0).