Purchase and Servicing Agreement definition

Purchase and Servicing Agreement. Solely with respect to the Bank of America Mortgage Loans, the Flow Mortgage Loan Sale and Servicing Agreement, dated as of August 1, 2002, between the Transferor, as purchaser, and Bank of America, as seller and as servicer, as the same may be amended from time to time.

Purchase and Servicing Agreement. The Mortgage Loan Purchase and Sale Agreement, dated as of June 1, 2002, between the Transferor, as purchaser, and E*Trade, as seller, as the same may be amended from time to time.

Purchase and Servicing Agreement. The Master Seller's Purchase, Warranties and Interim Servicing Agreement, dated as of September 1, 2002, between the Transferor, as purchaser, and Alterna, as seller, as the same may be amended from time to time.

Examples of Purchase and Servicing Agreement in a sentence

• To the extent that the terms of this Agreement conflict with the terms of any Purchase and Servicing Agreement, the related Purchase and Servicing Agreement shall govern.

• If any Servicer fails to remit any Advance required to be made under the applicable Purchase and Servicing Agreement, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance.

• The Master Servicer shall enforce any obligation of the Servicers, to the extent set forth in the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, to deliver to the Master Servicer a certification similar to the Back-Up Certification within the time frame set forth in, and in such form and substance as may be required pursuant to, the related Purchase and Servicing Agreement or Servicing Agreement, as applicable.

• Pursuant to the Purchase and Servicing Agreements, each of the Originators and Servicers shall be indemnified by the Trust to the extent specified in the related Purchase and Servicing Agreement.

• Upon the occurrence of a default of which a Responsible Officer of the Master Servicer has actual knowledge under a Purchase and Servicing Agreement, the Master Servicer shall promptly notify the Trustee thereof, and shall specify in such notice the action, if any, the Master Servicer is taking in respect of such default.

More Definitions of Purchase and Servicing Agreement

Purchase and Servicing Agreement. Solely with respect to the Mortgage Store (Xxxxx Fargo) Mortgage Loans, the Master Mortgage Loan Sale and Servicing Transfer Agreement, dated as of January 1, 2003, between Xxxxx Fargo Funding, Inc., as purchaser, and the Mortgage Store, as seller, as the same may be amended from time to time, and any assignments and conveyances related to the Mortgage Store (Xxxxx Fargo) Mortgage Loans.

Purchase and Servicing Agreement. The Mortgage Loan Flow Purchase, Sale & Servicing Agreement dated as of December 14, 2007 among PHH Mortgage Corporation, Xxxxxx’x Gate Residential Mortgage Trust and Chimera Investment Corporation, as modified by the Assignment Agreement.

Purchase and Servicing Agreement. The [ ] Agreement dated as of [ ], between the Seller and the Servicer, as modified by the related Acknowledment.

Purchase and Servicing Agreement. The Master Seller's Purchase, Warranties and Interim Servicing Agreement, dated as of August 1, 2002, between GMACM, as purchaser, and JLM as seller, as the same may be amended from time to time.

Purchase and Servicing Agreement. Solely with respect to The Mortgage Store Mortgage Loans, the Seller's Purchase, Warranties and Interim Servicing Agreement, dated as of May 1, 2002, between GMACM, as purchaser, and The Mortgage Store, as seller, as the same may be amended from time to time, and each Assignment, Assumption and Recognition Agreement, among GMACM, as assignor, the Transferor, as assignee and The Mortgage Store, as company, related to The Mortgage Store Mortgage Loans.

Purchase and Servicing Agreement. The Mortgage Loan Flow Purchase, Sale & Servicing Agreement, dated as of December 1, 2005 among PHH Mortgage, Xxxxxx’x Gate Residential Mortgage Trust and the Transferor.

Purchase and Servicing Agreement. Solely with respect to The Mortgage Store Mortgage Loans, the Master Seller's Purchase, Warranties and Interim Servicing Agreement, dated as of September 1, 2002, between the Transferor, as purchaser, and The Mortgage Store, as seller, as the same may be amended from time to time.