MLPA definition

MLPA. The Mortgage Loan Purchase Agreement dated as of June 30, 2005, by and between First Horizon Home Loan Corporation, as seller, and First Horizon Asset Securities Inc., as purchaser, as related to the transfer, sale and conveyance of the Mortgage Loans.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

MLPA means the Mortgage Loan Purchase Agreement, dated [______________] among the Seller, the Depositor, [______________] and [______________], as such agreement may be amended or supplement from time to time.

MLPA means Money Laundering Prevention Act.

Examples of MLPA in a sentence

• Notwithstanding the foregoing, this Limited Power of Attorney shall grant to the Custodian (on behalf of the Trustee), the Master Servicer and the Special Servicer only such powers, responsibilities and authority as are set forth in Section 2 of the MLPA.

• The Depositor hereby represents and warrants to the Trustee with respect to each Mortgage Loan as of the date hereof or such other date set forth herein that as of the Closing Date, and following the transfer of the Mortgage Loans to it pursuant to the MLPA and immediately prior to the conveyance of the Mortgage Loans by it to the Trustee pursuant to Section 2.1(a) hereof, the Depositor had good title to the Mortgage Loans and the Mortgage Notes were subject to no offsets, defenses or counterclaims.

• Upon such substitution, the Substitute Mortgage Loan or Loans shall be subject to the terms of this Agreement in all respects, and the Seller shall be deemed to have made with respect to such Substitute Mortgage Loan or Loans, as of the date of substitution, the representations and warranties made pursuant to Schedule B to the MLPA with respect to such Mortgage Loan.

• Capitalized terms used but not defined herein shall have the respective meanings assigned to them in the MLPA.

• Seller hereby acknowledges the provisions of this Agreement, including the obligations under Sections 2.1(a), 2.2, 2.3(b) and 8.11 of this Agreement and further acknowledges the Depositor's assignment of its rights and remedies for the breach of the representations and warranties made by the Seller under the MLPA.

More Definitions of MLPA

MLPA shall have the meaning set forth in Section 5.1.

MLPA means the Massachusetts Limited Partnership Act.

MLPA means the Mortgage Loans Purchase Agreement, dated as of the date hereof, between FBR and Buyer, as may be amended from time to time.

MLPA means Money Laundering (Prohibition) Act, 2011 (as amended);

MLPA means, with respect to any Mortgage Loan, the agreement, approved by the Agent in its sole discretion, pursuant to which the Seller acquired such Mortgage Loan. “Monthly Payment” shall mean the scheduled monthly payment of principal and interest on a Mortgage Loan as adjusted in accordance with changes in the mortgage

MLPA means mega-litre per annum.

MLPA has the meaning set forth in the recitals.