Purchase Price and Terms Agreement definition

Purchase Price and Terms Agreement. Those certain agreements setting forth the general terms and conditions of the transactions consummated herein and identifying the Mortgage Loans to be purchased from time to time hereunder, by and between the Seller and the Purchaser.

Purchase Price and Terms Agreement. With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement setting forth the general terms and conditions of such transaction consummated herein and identifying the Mortgage Loans to be purchased hereunder, by and between the Seller and the Purchaser. Purchaser: Goldman Sachs Mortgage Company, a New York limited partnership, and its xxxxxxsxxx xn interest and assigns, and any successor to the Purchaser under this Agreement as herein provided.

Purchase Price and Terms Agreement. With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement by and between the Seller and the Purchaser setting forth the general terms, conditions and portfolio characteristics for each Mortgage Loan Package to be purchased hereunder as of any Closing Date.

Examples of Purchase Price and Terms Agreement in a sentence

• If so provided in the related Purchase Price and Terms Agreement, portions of the Mortgage Loans shall be priced separately.

• The Seller from time to time shall provide the Purchaser with certain information constituting a preliminary listing of the Mortgage Loans to be purchased on each Closing Date in accordance with the related Purchase Price and Terms Agreement and this Agreement (each, a "Preliminary Mortgage Schedule").

• The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Agreement (subject to adjustment as provided therein), multiplied by the aggregate principal balance, as of the related Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule, after application of scheduled payments of principal due on or before the related Cut-off Date, but only to the extent such payments were actually received.

• The Seller agrees to sell from time to time, and the Purchaser agrees to purchase from time to time, Mortgage Loans having an aggregate principal balance on the related Cut-off Date in an amount as set forth in the related Purchase Price and Terms Agreement, or in such other amount as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loans accepted by the Purchaser on each Closing Date.

• If the Purchaser makes such examination prior to the related Closing Date and determines, in its sole discretion, that any Mortgage Loans do not conform to any of the requirements set forth in the related Purchase Price and Terms Agreement, or as an Exhibit annexed thereto, the Purchaser may delete such Mortgage Loans from the related Mortgage Loan Schedule, and such Deleted Mortgage Loan (or Loans) may be replaced by a Qualified Substitute Mortgage Loan (or Loans) acceptable to the Purchaser.

More Definitions of Purchase Price and Terms Agreement

Purchase Price and Terms Agreement. With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement by and between the Seller and the Purchaser, prepared by the Purchaser substantially identical to the form delivered in connection with the purchase and sale of the Mortgage Loans on the initial Closing Date hereunder, setting forth the general terms, conditions and portfolio characteristics for each Mortgage Loan Package to be purchased hereunder as of the related Closing Date.

Purchase Price and Terms Agreement. Those certain letter agreements setting forth the general terms and conditions of the transactions consummated herein and identifying the Mortgage Loans to be purchased from time to time hereunder, by and between the Seller and the Purchaser. All of the individual Purchase Price and Terms Letters (if there are more than one) shall collectively be referred to as the "Purchase Price and Terms Letter." Purchaser: Morgan Stanley Mortgage Capital Inc., or its successor in interest or axxxxxx xx xxx successor to the Purchaser under this Agreement as herein provided.

Purchase Price and Terms Agreement. With respect to each pool of Mortgage Loans purchased pursuant to the Purchase Agreement the related agreement setting forth the general terms and conditions of the purchase transaction and identifying the Mortgage Loans to be purchased thereunder, by and between the Seller and the Purchaser.

Purchase Price and Terms Agreement. With respect to each Mortgage Loan, an agreement, in the form attached hereto as Exhibit B, by and between the Seller and the Purchaser. For Fxxxxxx Mac SBL Loans, the alternative form of Schedule 3 in Exhibit B shall be used.

Purchase Price and Terms Agreement. That certain letter agreement dated as of November 14, 2003, setting forth the general terms and conditions of the transaction consummated herein and identifying the Mortgage Loans to be purchased hereunder, by and between the Seller and the Purchaser. Purchaser: Goldman Sachs Mortgage Company, a New York limited partnership, and xxx xxcxxxxxrs in interest and assigns, and any successor to the Purchaser under this Agreement as herein provided.

Purchase Price and Terms Agreement. With respect to each Mortgage Loan, an agreement, in the form attached hereto as Exhibit B, by and between the Seller and the Purchaser.

Purchase Price and Terms Agreement. With respect to each purchase of a Mortgage Loan Package hereunder, that certain letter agreement by and between the Seller and the Purchaser setting forth the general terms, conditions and portfolio characteristics for each Mortgage Loan Package to be purchased hereunder as of any Closing Date. Purchaser: Xxxxxx Brothers Bank, FSB or its successor in interest or assigns or any successor to the Purchaser under this Agreement as herein provided; provided, however, that, for the purpose of compliance with Regulation AB, references to the Purchaser shall be deemed to include any assignees or designees of the Purchaser, such as any Depositor, a master servicer or a trustee.