MSSR Transfer definition
Examples of MSSR Transfer in a sentence
The Latest Balance Sheet fairly presents, in all material respects, the financial position of the Company as of the date thereof after giving effect to the Restructuring Transactions and the MSSR Transfer, in conformity with GAAP, applied on a consistent basis, except that the Latest Balance Sheet does not contain footnotes.
Upon the execution of any Restricted MSR Subservicing Agreement, the related Restricted MSRs shall be deemed, for purposes of Exhibit F, to have been subject to, and part of, the MSSR Transfer, effective as of the Adjustment Time.
Prior to the MSSR Transfer, Parent has good and marketable title to all MS Servicing Rights scheduled to be included in the Purchased Assets, free and clear of all Liens other than Permitted Liens.
Subject to the occurrence of the MSSR Transfer (which shall occur prior to Closing), Seller will have good and marketable title to all the Purchased Assets, free and clear of all Liens, except for Permitted Liens.
Prior to the Closing, Parent or an Affiliate of Parent shall use reasonable best efforts to effect the MSSR Transfer.
Prior to the Closing, Parent or an Affiliate of Parent shall effect the MSSR Transfer.
Subject to occurrence of the MSSR Transfer (which shall occur prior to Closing) and the receipt of the third party consents and the Servicing Agreement Consents, the Seller has the right to sell, assign, transfer, convey and deliver the Purchased Assets to the Buyer.