Examples of Product Switch in a sentence
Subject to complying with the terms of Clause 8.1 herein, where the Administrator accepts a Product Switch or a Further Advance, the Administrator shall then promptly notify the Seller and the Mortgages Trustee in writing.
The Administrator shall not accept an application for a Further Advance or a Product Switch without first having received confirmation in writing from the Seller that the Seller would, if invited to do so by the Mortgages Trustee, purchase the relevant Mortgage Loan and its Related Security from the Mortgages Trustee.
The Servicer may accept an application for a Further Advance or a Product Switch on behalf of the Seller, upon receipt of written confirmation from the Seller that the Seller would, if invited to do so by the Mortgages Trustee, purchase the relevant Mortgage Loan and its Related Security from the Mortgages Trustee.
Subject to complying with the terms of Clause 8.1 (Acceptance of Application) herein, where the Servicer accepts a Product Switch or a Further Advance, the Servicer shall then promptly notify the Seller and the Mortgages Trustee in writing.
Subject to complying with the terms of Clause 8.1 (Acceptance of Application) herein, where the Administrator accepts a Product Switch or a Further Advance, the Administrator shall then promptly notify the Seller and the Mortgages Trustee in writing.