Purchaser Mortgage definition

Purchaser Mortgage means the purchase money deed of trust given to secure an Instrument.

Purchaser Mortgage means the purchase money mortgage given to secure an Instrument.

Purchaser Mortgage has the meaning provided in Section 17.2.1.

Examples of Purchaser Mortgage in a sentence

• The Asset Purchaser will use the net proceeds from the IC Loan, together with the Initial Savings Participation (if any) and any Asset Purchaser Principal Receipts, to pay to the relevant Seller the Initial Purchase Price for the purchase of the Relevant New Mortgage Receivables and Relevant Further Advance Mortgage Receivables pursuant to the Asset Purchaser Mortgage Receivables Purchase Agreement from time to time.

• Upon or promptly after the Distribution Date, the Parties shall file and record, at the expense of Owner, the Purchaser Mortgage.

• UNIT-III : Sale of Immovable Property, Definition of Sale and Contract to Sell, Rights and liabilities of Buyer and Seller, Marshalling by Subsequent Purchaser, Mortgage of Immovable Property, Definition of Mortgage, Kinds of Mortgage, Right of Redemption of Mortgagor and Equity of Redemption, Accession to mortgaged property, Subrogation, Priority, Cessation of Interest, Marshalling and Contribution, Prohibition of Tacking, Charge.

• Furthermore, on each Asset Purchaser Accession Date, a new Asset Purchaser will enter into an Asset Purchaser Mortgage Receivables Purchase Agreement with the relevant Seller.

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• The Servicer is solvent.Section 2.01 The Servicer hereby recognizes that the Serviced Loans have been previously transferred to the Trustee in a securitization transaction pursuant to a Pooling and Servicing Agreement, dated as of May 1, 2006 (the “ Pooling Agreement”), among the Purchaser, Mortgage Asset Securitization Transactions, Inc., the Trustee and Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”), trust administrator (the “Trust Administrator”) and as custodian.

• In addition, pursuant to the relevant Asset Purchaser Mortgage Receivables Purchase Agreement, Fortis Bank (Nederland) N.V. will be obliged to assign on each Monthly Payment Date any and all claims of the relevant Seller under Revolving Credit Mortgage Loans to the extent not previously assigned.

• ASSET PURCHASER MORTGAGE RECEIVABLES PURCHASE AGREEMENTS On the Programme Closing Date each Seller and the relevant Asset Purchaser will enter into an Asset Purchaser Mortgage Receivables Purchase Agreement.

• Under the relevant Asset Purchaser Mortgage Receivables Purchase Agreement on each Mortgage Purchase Date the relevant Seller (i) may sell New Mortgage Receivables and the Beneficiary Rights relating thereto, to the relevant Asset Purchaser and (ii) will sell all Further Advance Receivables relating to Further Advances granted by this Seller in the preceding Mortgage Collection Period and the Beneficiary Rights relating thereto to such Asset Purchaser, subject to certain conditions.

• See Asset Purchaser Mortgage Receivables Purchase Agreement below.

More Definitions of Purchaser Mortgage

Purchaser Mortgage the purchase money given to secure a Fee Simple Time-Share Instrument.

Purchaser Mortgage means the purchase money mortgage/deed of trust/deed to secure debt given to secure an Instrument.

Purchaser Mortgage has the meaning provided in Section 17.2.1. "Purchaser’s Deadline" has the meaning provided in Section 4.3.2(b).

Purchaser Mortgage an opinion that Lender's interest in the Purchaser Mortgage securing the Fee Simple Time Share Investment as a perfected, direct, first and exclusive lien on the Time-Share Interest encumbered thereby, subject only to the Permitted Encumbrances, issued by a law firm and in form and substance acceptable to Lender.

Purchaser Mortgage the purchase money mortgage or purchase money deed of trust executed by a Purchaser, encumbering all of the right, title, and interest of each such Purchaser in and to its Fee Simple Time-Share Instrument as security for such Purchaser's obligations under any Instrument.