MLPSA definition

MLPSA means the Amended and Restated Master Loan Purchase and Servicing Agreement dated as of October 1, 1996 by and between the Borrower, Mego Financial and Greenwich Capital.
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MLPSA means the purchase agreement between the Mortgage Loan Seller and the Mortgage Asset Owner for the sale of Assets to the Mortgage Asset Owner.
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Examples of MLPSA in a sentence

  • Except as expressly amended and modified by this Amendment, the Existing MLPSA shall continue to be, and shall remain, in full force and effect in accordance with its terms.

  • As a condition precedent to amending the Existing MLPSA, Purchaser has required Guarantor to ratify and affirm the Guaranty on the date hereof.

  • Purchaser, Seller and Guarantor have agreed, subject to the terms and conditions of this Amendment, that the Existing MLPSA be amended to reflect certain agreed upon revisions to the terms of the Existing MLPSA.

  • To the extent not previously delivered to the Sponsor pursuant to the Master MLPSA, on or prior to the Closing Date, the Mortgage Loan Seller shall deliver to the Custodian Assignments of Mortgages, in blank, for each Mortgage Loan.

  • To the extent not previously delivered to the Sponsor pursuant to the Master MLPSA, the Mortgage Loan Seller shall promptly upon receipt from the respective recording office cause to be delivered to the Custodian the original recorded document described in clauses (iv) and (vi) above.

  • To the extent not previously delivered to the Sponsor pursuant to the Master MLPSA, the Originator shall promptly upon receipt from the respective recording office cause to be delivered to the Custodian the original recorded document described in clauses (iv) and (vi) above.

  • To the extent not previously delivered to the Sponsor pursuant to the Master MLPSA, on or prior to the Closing Date, the Originator shall deliver to the Custodian Assignments of Mortgages, in blank, for each Mortgage Loan.

  • Exhibit A to the Existing MLPSA is hereby amended by deleting such exhibit in its entirety and replacing it with Annex A attached hereto.

  • The Existing MLPSA is hereby amended by deleting all references to “Approved Investor” (other than in the definition of “Approved Investor”) in their entirety and replacing them with “Takeout Investor”.

  • The Servicer hereby acknowledges that the rights and obligations of the Bank under the SWSA and the BofA MLPSA will be assigned to the Seller on the Closing Date pursuant to the Assignment and Assumption Agreement; that such rights and obligations, as amended by this Agreement will, in turn, be re-assigned by the Seller to SASCO under the Mortgage Loan Sale and Assignment Agreement; and that such rights and obligations will simultaneously be re-assigned by SASCO to the Trust Fund under the Trust Agreement.