Takeout Agreements definition

Takeout Agreements means agreements, instruments, documents and other records entered into in connection with a Takeout Transaction.
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Takeout Agreements means agreements, instruments, documents and other records entered into in connection with a Takeout Transaction. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Sample 1Sample 2Sample 3

Examples of Takeout Agreements in a sentence

  • Each Jumbo Loan is either (i) eligible for at least two (2) Nonbinding Jumbo Takeout Agreements or (ii) subject to at least one (1) Binding Jumbo Takeout Commitment.

  • Seller warrants and will defend the right, title and interest of Buyer in and to all Mortgage Assets (excluding any Takeout Agreements, Takeout Commitments or Hedging Arrangements that by their express terms prohibit Seller’s assigning, pledging or granting a security interest in them if and to the extent that such prohibition is not made ineffective by UCC §§ 9-406 or 9-408) against all adverse claims and demands of all Persons whomsoever.

  • Seller warrants and will defend the right, title and interest of Xxxxx in and to all Mortgage Assets (excluding any Takeout Agreements, Takeout Commitments or Hedging Arrangements that by their express terms prohibit Seller’s assigning, pledging or granting a security interest in them if and to the extent that such prohibition is not made ineffective by UCC §§ 9-406 or 9-408) against all adverse claims and demands of all Persons whomsoever.

  • Each Jumbo Loan is subject to either (i) at least two (2) Nonbinding Jumbo Takeout Agreements or (ii) at least one (1) Binding Jumbo Takeout Commitment.

  • The Takeout Agreements shall remain in force and effect until terminated by mutual agreement of the parties, subject to the amendments thereto set forth below in this subsection 2(e).

  • As a result of the amendments to the Purchase Commitment Agreement above, Union Bank will no longer have Student Loans periodically available under the Takeout Agreements to sell to Nelnet and accordingly, as of the Effective Date, the provisions of such Agreements in the sections entitled "Commitment to Purchase" and "Required Sales" shall be terminated.

  • In calling the meeting, the Chairman or his designated person shall send notice of meeting to every director at least 7 days prior to the meeting date, except for in an urgent case to protect the Company’s interests, the advance notice period may be shortened.

  • Nelnet shall not be required to make any further payments in the annual amount of $175,000 or otherwise to Union Bank pursuant to the Takeout Agreements, and Union Bank shall refund to Nelnet on the date of this Amendment the prorated amount of such payment for the period from the Effective Date until April 1, 2005.

  • Each Jumbo Loan is subject to either (i) at least two (2) Nonbinding Takeout Agreements or (ii) at least one (1) Binding Takeout Commitment.

Related to Takeout Agreements

  • Related Agreements shall have the meaning specified in the recitals to the Administration Agreement.

  • Purchase Documents The mortgage purchase agreements between Xxxxxxx Mac and its Mortgage sellers and servicers, which are the contracts that govern the purchase and servicing of Mortgages and which include, among other things, the Guide and any negotiated modifications, amendments or supplements to the Guide.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.