Seller Contract definition
Examples of Seller Contract in a sentence
Such Required Consents will be proposed in a form that provides confirmation from the third party of the continued existence of and the absence of defaults under the applicable Seller Contract or Governmental Permit.
Buyer will cooperate with Seller to obtain all Required Consents, but Buyer will not be required to accept or agree or accede to any modifications or amendments to, or changes in, or the imposition of any condition to the transfer to Buyer of (in each case other than inconsequential matters with no adverse effect on Buyer), any Seller Contract or Governmental Permit that are not acceptable to Buyer in its sole discretion.
An agreement for the origination and sale of Mortgage Loans generally in the form of the Seller Contract referred to or contained in the Program Guide, or in such other form as has been approved by the Master Servicer and the Company, each containing representations and warranties in respect of one or more Mortgage Loans consistent in all material respects with those set forth in the Program Guide.
Neither Seller nor, to the Best of Seller's Knowledge, any other party to any Seller Contract is in any material respect in breach of the performance of its obligations under any Seller Contract.
Seller agrees that it will use its best efforts to obtain the necessary consents to the assignment of each Seller Contract or other Seller Asset which by its terms requires the consent of any of the other contracting parties thereto to an assignment thereof to Purchaser.