Eligible Seller definition

Eligible Seller means a Person who sold Mortgage Loans to the Borrower, which Mortgage Loans the Borrower subsequently resold to another party or securitized, and retained the servicing rights and obligations with respect thereto under the Servicing Contracts.

Eligible Seller means a person who purchased or otherwise acquired an Eligible

Eligible Seller means a seller, other than a developer or an agent acting on a developer’s behalf and includes an eligible holder;

Examples of Eligible Seller in a sentence

• For any Eligible Seller, if the number of Additional Equity Shares to be accepted, calculated on a proportionate basis is not in the multiple of 1 and the fractional Acceptance is greater than or equal to 0.50, then the fraction would be rounded off to the next higher integer.

• Upon placing the bid, the Seller Member shall provide a TRS generated by the exchange bidding system to the Eligible Seller.

• For any Eligible Seller if the number of Additional Equity Shares to be accepted, calculated on a proportionate basis is not in the multiple of 1 and the fractional Acceptance is less than 0.50, then the fraction shall be ignored.

• Any Eligible Seller who tenders his, her or its Equity Shares in the Buyback shall be deemed to have declared, represented, warranted and agreed that he, she or it is authorized under the provisions of any applicable local laws, rules, regulations and statutes to participate in the Buyback.

• For any Eligible Seller if the number of Additional Equity Shares to be accepted, calculated on a proportionate basis is not in the multiple of 1 (one) and the fractional Acceptance is less than 0.50, then the fraction shall be ignored.

More Definitions of Eligible Seller

Eligible Seller means the Shareholders and each of their Permitted Transferees.

Eligible Seller means a seller, other than a developer or an agent acting on a developer’s behalf;

Eligible Seller means (i) a seller of an Asset Pool which is selling an Asset Pool the loans of which were originated in the United States (or a possession thereof) or (ii) a Non-US Seller which is selling an Asset Pool the loans of which were originated in Argentina, Brazil, Chile, France, Germany, Italy, Mexico, the United Kingdom, or Uruguay.

Eligible Seller means the Sellers and each of its Permitted Transferees.

Eligible Seller has the meaning set forth in Section 6.5(a).

Eligible Seller means any holder of Eligible Units that is not a Defaulting Member.

Eligible Seller means a Seller that is acceptable to Lender in its Permitted Discretion.