Pool Purchase Contract definition

Pool Purchase Contract means, as applicable, either the Xxxxxxx Mac Purchase Contract or the Xxxxxx Xxx Pool Purchase Contract, entered into by Xxxxxxx Mac or Xxxxxx Xxx, as applicable, and the Servicer relating to the sale by the Servicer of Mortgage Loans to Xxxxxxx Mac or Xxxxxx Xxx, as applicable, and the servicing thereof, as from time to time supplemented and amended.
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Pool Purchase Contract means the Xxxxxx Mae Pool Purchase Contract and the Xxxxxxx Mac Pool Purchase Contract..
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Pool Purchase Contract means a Pool Purchase Contract between a servicer and Fannie Mae or Freddie Mac, as applicable, relating to the sale by the servicer of Mortgage Loans to Fannie Mae or Freddie Mac, as applicable, and the servicing of such Mortgage Loans.
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Examples of Pool Purchase Contract in a sentence

  • Note: SMC Eligible Mortgages and Non-SMC Mortgages may NOT be delivered under the same Pool Purchase Contract (if delivered under MBS Delivery), or under the same seller/servicer branch no.

  • In addition, SMC Eligible Mortgages, (i) if delivered under MBS Delivery, must be delivered under Pool Purchase Contract no.

  • The Servicer agrees to purchase Mortgage Loans at least once each week, notwithstanding that the amount of such Mortgage Loans, together with other Mortgage Loans purchased or to be purchased by the Servicer to form a Pool under the Xxxxxx Mae Guide or Pool Purchase Contract may be less than the minimum Pool size.

  • Nevertheless, SMC Eligible Mortgages may be delivered under the same Pool Purchase Contract or the same seller/servicer branch no.

  • After the issuance date of each Pool, Servicer will be governed by the GNMA Guide, Xxxxxx Mae Guides or Xxxxxxx Mac Guides, as applicable, and the MBS Agreement and Pool Purchase Contract.

  • In the event of the vehicle detailed in Annexure-I comes under consideration for the contract; it should be placed/provided, on demand, for inspection/test at any place fixed by the Department of Telecom before finalization of the tender.14.

  • Pool and swap the conventional Mortgage Loans for Fannie Mae Mortgage-Backed Securities under the terms of its Fannie Mae Mortgage-Backed Securities ("MBS") Pool Purchase Contract for sale to the Trustee.

  • It recites that Fannie Mae and the lender are parties to a Pool Purchase Contract which provides for Fannie Mae’s purchase of certain mortgage loans.

  • Among other things, the agreement requires the lender to deliver to the document custodian certain documents regarding the Pool Purchase Contract loans on or before something called the “Issue Date” (which is not defined in the document).

  • The Servicer agrees to comply with the requirements of each Pool Purchase Contract.


More Definitions of Pool Purchase Contract

Pool Purchase Contract means the Xxxxxx Xxx or Freddie Mac Pool Purchase Contract between the Servicer and Xxxxxx Xxx or Freddie Mac relating to the sale by the Servicer of Xxxxxx Xxx or Freddie Mac Conventional Mortgage Loans to Xxxxxx Xxx or Freddie Mac, respectively, and the servicing thereof.
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Pool Purchase Contract means an agreement between Fannie Mae and the Servicer to buy and sell mortgage loans or Participation Interests for inclusion in a Fannie Mae Pool.
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Pool Purchase Contract means an agreement between Xxxxxx Xxx and the Servicer to buy and sell mortgage loans or Participation Interests for inclusion in a Xxxxxx Mae Pool.
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Pool Purchase Contract means the Certificate Provider Pool Purchase Contract between Servicer and any of the Certificate Providers relating to the sale of Mortgage Loans to Certificate Providers by Servicer, or the issuance of Certificates by Servicer and the servicing thereof.
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Pool Purchase Contract means the Fannie Mae Pool Purchase Contracts between the Servicer and FNMA relating to the sale to FNMA by the Servicer of loans related to the FNMA Certificates.
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Related to Pool Purchase Contract

  • Purchase Contract when used with respect to any Security, means the contract forming a part of such Security and obligating the Company to (i) sell and the Holder of such Security to purchase Common Stock and (ii) pay the Holder Contract Adjustment Payments, if any, on the terms and subject to the conditions set forth in Article Five hereof.

  • Purchase Contract Agreement has the meaning specified in the Recitals.

  • PURCHASE CONTRACTCONTINUATIONPURCHASE CONTRACT 101018 REVISION: 220 Page 42 of 210ITEMEA 1034-0600-001DX-C9OBV - VEHICLE ASSEMBLYHQ0006-01-C-0001/HQ0006-01-C-00010080QUANTITY UM PART NUMBERVENDOR P/N DESCRIPTIONCUSTOMER / PRIME CONTRACT NUMBER PRIORITY RATING FUNDED UNIT PRICE FUNDED EXTENDED PRICE6111111 0000Quantity OrderedItem Reference: Definitized price included in Line Item 0078Ship This Item Only To: See Attachment A120,VHAP1H03*040PROJECT CCNTRUE MANUFACTURER675784Item Unit Value: $0.0000 Value Code: FItem Note: Booster Stack for IDC-6, IDC-7, IDC-8, IDC-9, XXX-00, XXX-00, XXX-00, XXX-00, XXX-00, XXX-00$0.0000 $0.000015-SEP-0415-OCT-0415-NOV-0414-DEC-0414-JAN-0514-FEB-0514-MAR-0515-APR-0516-MAY-0514-JUN-05Scheduled Delivery Date

  • Final Purchase Date means the final date on which a purchase and sale of Loans and their Related Security is completed pursuant to the terms of the Mortgage Sale Agreement;

  • Purchase Confirmation A letter agreement, substantially in the form of Exhibit B hereto, executed by Countrywide and the Purchaser in connection with the purchase and sale of each Mortgage Loan Package, which sets forth the terms relating thereto including a description of the related Mortgage Loans (including the Mortgage Loan Schedule), the purchase price for such Mortgage Loans, the Closing Date and the Servicing Fee Rate.

  • Control Purchase means any transaction (or series of related transactions) in which (1) any person (as such term is defined in Sections 13(d)(3) and 14(d)(2) of the Exchange Act), corporation or other entity (other than the Company, any Subsidiary of the Company or any employee benefit plan sponsored by the Company or any Subsidiary of the Company) shall purchase any Common Stock of the Company (or securities convertible into Common Stock of the Company) for cash, securities or any other consideration pursuant to a tender offer or exchange offer, without the prior consent of the Board, or (2) any person (as such term is so defined), corporation or other entity (other than the Company, any Subsidiary of the Company, any employee benefit plan sponsored by the Company or any Subsidiary of the Company or any Exempt Person (as defined below)) shall become the “beneficial owner” (as such term is defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 20% or more of the combined voting power of the then outstanding securities of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors (calculated as provided in Rule 13d-3(d) under the Exchange Act in the case of rights to acquire the Company’s securities), other than in a transaction (or series of related transactions) approved by the Board. For purposes of this definition, “Exempt Person” means each of (a) the Chairman of the Board, the President and each of the directors of the Company as of the Distribution Date, and (b) the respective family members, estates and heirs of each of the persons referred to in clause (a) above and any trust or other investment vehicle for the primary benefit of any of such persons or their respective family members or heirs. As used with respect to any person, the term “family member” means the spouse, siblings and lineal descendants of such person.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City (a "Primary Treasury Dealer") to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Receivables Sale Agreement means that certain Receivables Sale Agreement, dated as of the Closing Date, by and among the Originators and Seller, as amended, restated, supplemented or otherwise modified from time to time.

  • Purchase Contract Settlement Date means [ ].

  • Initial Purchase Date means the date of the Initial Purchase.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Change of Control Purchase Date shall have the meaning specified in Section 10.1.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Noteholder Purchase Notice has the meaning assigned to such term in Section 12.

  • Change of Control Purchase Price shall have the meaning specified in Section 10.1.

  • Retail Purchase means a purchase of any goods or services by the use of the Card and may, at the Bank’s absolute discretion and without prior notice, include or exclude any Card transaction as may be determined by the Bank;