Underlying Seller definition

Underlying Seller. With respect to each Mortgage Loan, WFHM, GMAC, Chevy Chase, Countrywide, Cendant, WMBFA, Nexstar, E*TRADE, or E-Loan, as indicated on the Mortgage Loan Schedule.
Underlying Seller means, with respect to each Eligible Property Under Contract, the Person that is the seller, optionor or other grantor of any applicable interest under the Underlying Agreement, as set forth on the Property Schedule.

Examples of Underlying Seller in a sentence

  • The legal description included with the documentation pursuant to Site Control requirements and the legal description included with the documentation pursuant to Underlying Seller Authority requirements must be consistent with each other.

  • If the legal descriptions required pursuant to Site Control requirements and Underlying Seller Authority do not match exactly, the Applicant may submit a sworn affidavit from an individual listed in Ownership Organization Breakdown or an individual listed on Developer Organization Breakdown stating that the legal description included with Site Control documents and Underlying Seller Authority documents both refer to the Site.

  • Site Control – Underlying Seller Authority Documentation (required in addition to Site Control as described in Section 13.A.1): a.

  • If the Trustee or the Custodian, as its agent, finds any document constituting part of the Mortgage File not to have been executed or received, or to be unrelated to the Mortgage Loans identified in Exhibit B or to appear to be defective on its face, the Trustee or the Custodian, as its agent, shall promptly notify the related Seller, KKR Financial or the Underlying Seller, as applicable.

  • In the event a Trust or Trusts are established by the Company for purposes of this Plan, amounts credited to Participant Accounts under the Plan shall be contributed in like amount by the Company directly to the trustee of the Trust on or about the date as of which such amounts are credited to Participant Accounts.


More Definitions of Underlying Seller

Underlying Seller. With respect to each Mortgage Loan, Countrywide Home Loans, Inc., EverHome, BancMortgage, Platinum, Quicken, WinStar, Market Street, Aegis, Pinnacle, Xxxx Financial, Metrocities or SouthStar, as indicated on the applicable Mortgage Loan Schedule.
Underlying Seller. With respect to the ________ Loans, ________. With respect to the ______ Loans, ____.
Underlying Seller. With respect to each Mortgage Loan, Countrywide, GreenPoint, MortgageIt or Washington Mutual, as indicated on the Mortgage Loan Schedule.
Underlying Seller. With respect to each Mortgage Loan, IndyMac, Ameriquest Mortgage Company, Quicken Loans, Inc., The New York Mortgage Corporation and Weichert, as indicated on the Mortgage Loan Schedule. Underwriter: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.
Underlying Seller. With respect to each Mortgage Loan, ABN AMRO, Countrywide, Cendant, GMAC, Chevy Chase, E-Loan, National City or WFHM, as indicated on the Mortgage Loan Schedule.