Common use of Substitution Clause in Contracts

Substitution. (a) Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 157 contracts

Samples: Master Repurchase Agreement (United States Cellular Corp), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

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Substitution. (a) Seller may, subject to agreement with and acceptance by BuyerXxxxx, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), www.ird.gov.hk, FS Credit Real Estate Income Trust, Inc.

Substitution. (a) Seller may, subject to agreement with and acceptance by BuyerXxxxx, substitute other Securities securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securitiessecurities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 4 contracts

Samples: Master Repurchase Agreement, Agreement, Agreement

Substitution. (a) a. Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 3 contracts

Samples: Treasury Management Master Agreement, Treasury Management Master Agreement, Treasury Management Master Agreement

Substitution. (a) Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities September 1996 Master Repurchase Agreement 5 and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Taberna Realty Finance Trust), Master Repurchase Agreement (Taberna Realty Finance Trust)

Substitution. (a) Seller may, subject to agreement with and acceptance by BuyerBxxxx, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 2 contracts

Samples: Master Repurchase Agreement (FS Energy & Power Fund), Master Repurchase Agreement (Flowers Foods Inc)

Substitution. (a) a. Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 2 contracts

Samples: Master Repurchase Agreement (AG Mortgage Investment Trust, Inc.), Master Repurchase Agreement (AG Mortgage Investment Trust, Inc.)

Substitution. (a) 8.1 Seller may, subject to agreement with and acceptance by the consent of Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to the Buyer of such other Securities and against simultaneous transfer to the Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 2 contracts

Samples: Repurchase Transaction Agreement, Repurchase Transaction Agreement

Substitution. (a) Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

Substitution. (a) Seller may, subject to express written agreement with and acceptance by BuyerXxxxx, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement

Substitution. (a) Seller may, subject to agreement with and acceptance by BuyerXxxxx, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities. Securities shall not be substituted between their Confirmation to Buyer and repurchase of the Purchased Securities by Seller.

Appears in 1 contract

Samples: Master Services Agreement

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Substitution. (a) The Seller may, subject to agreement with and acceptance by the Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to the Buyer of such other Securities and transfer to the Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement (LNR Property Corp)

Substitution. (a) i. Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement (AG Mortgage Investment Trust, Inc.)

Substitution. (a) Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Treasury Management Master Agreement

Substitution. (a) Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Pur- chased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased SecuritiesSecu- rities.

Appears in 1 contract

Samples: datasets.opentestset.com

Substitution. (a) Seller may, subject to an agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement (Mego Mortgage Corp)

Substitution. (a) Seller may, subject to express written agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement

Substitution. (a) Seller may, subject to agreement with and acceptance by Buyer, substitute other Securities for any Purchased Securities. Such substitution shall be made by transfer to Buyer of such other Securities September 1996 Master Repurchase Agreement and transfer to Seller of such Purchased Securities. After substitution, the substituted Securities shall be deemed to be Purchased Securities.

Appears in 1 contract

Samples: Master Repurchase Agreement (Provident Mortgage Capital Associates, Inc.)

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