Purchase Price and Terms Letter definition

Purchase Price and Terms Letter. 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 Company and the Purchaser. Purchaser: Xxxxxx Brothers Bank, FSB or its successor in interest or any successor to the Purchaser under this Agreement as herein provided.
Purchase Price and Terms Letter. With respect to any pool of Mortgage Loans purchased and sold on any Funding Date, the letter agreement between the Purchaser and Seller (including any exhibits, schedules and attachments thereto), setting forth the terms and conditions of such transaction and describing the Mortgage Loans to be purchased by the Purchaser on such Funding Date. A Purchase Price and Terms Letter may relate to more than one pool of Mortgage Loans to be purchased on one or more Funding Dates hereunder.
Purchase Price and Terms Letter. With respect to each purchase of Mortgage Loans, that certain letter agreement setting forth the general terms and conditions of such transaction and identifying the Mortgage Loans to be purchased thereunder by and between the Seller and the Purchaser.

Examples of Purchase Price and Terms Letter in a sentence

  • This Agreement and the related Purchase Price and Terms Letter set forth the entire understanding between the parties hereto and shall be binding upon all successors of all of the parties.

  • On or before the date which is agreed upon by the Purchaser and the Company in the Purchase Price and Terms Letter, the Company shall deliver to the Custodian in escrow for the benefit of the Seller, those Mortgage Loan Documents as required by this Agreement with respect to each Mortgage Loan in the related Mortgage Loan Package.

  • In the event of any inconsistency between a Purchase Price and Terms Letter and this Agreement, this Agreement shall control.

  • Purchaser, on any Funding Date, shall be obligated to purchase only such Mortgage Loans set forth in the applicable Mortgage Loan Schedule, subject to the terms and conditions of this Agreement and the related Purchase Price and Terms Letter.

  • Seller agrees to sell and Purchaser agrees to purchase, from time to time, those certain Mortgage Loans identified in a Mortgage Loan Schedule, at the price and on the terms set forth herein and in the related Purchase Price and Terms Letter.


More Definitions of Purchase Price and Terms Letter

Purchase Price and Terms Letter. As defined in the Recitals to this Agreement which may also be a form of trade execution notice.
Purchase Price and Terms Letter with respect to each Transaction, the letter agreement or agreements setting forth the general terms and conditions of such Transaction to be consummated as provided herein, with a copy of the related Preliminary Mortgage Loan Schedule, if requested by Purchaser, by and between Seller and Purchaser. The related Purchase Price and Terms Letter shall set forth among other matters, (i) the approximate dollar amount of Mortgage Loans for the related Transaction, (ii) the related Cut-off Date, (iii) the proposed Closing Date, (iv) the related Purchase Price Percentage, (v) the related Servicing Fee Rate, and (vi) the characteristics, including the characteristics set forth in the related Warranty Xxxx of Sale, for the related Mortgage Loans, both individually and in the aggregate. All of the individual Purchase Price and Terms Letters shall be referred to, collectively, as the “Purchase Price and Terms Letter”.
Purchase Price and Terms Letter. As defined in the Recitals to this Agreement which may also be a form of trade execution notice. Purchaser: Xxxxxx Xxxxxxx Mortgage Capital Inc., its successors in interest and assigns.
Purchase Price and Terms Letter. Those certain letter agreements between the Company and the Initial Owner setting forth the general terms and conditions of the transactions consummated herein identifying the Mortgage Loans to be purchased hereunder, as modified by the related Trade Confirmation.
Purchase Price and Terms Letter. As defined in the Recitals to this Agreement. Purchaser: X.X. Xxxxxx Mortgage Acquisition Corp., its successors in interest and assigns.
Purchase Price and Terms Letter. As defined in the Recitals of this Agreement.