Subsequent Mortgage Loan Purchase Agreement definition

Subsequent Mortgage Loan Purchase Agreement. The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

Subsequent Mortgage Loan Purchase Agreement. The agreement dated as of the Subsequent Transfer Date, between EMC, as seller, and Bear Xxxxxxx Asset Backed Securities I LLC, as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by EMC to Bear Xxxxxxx Asset Backed Securities I LLC, a form of which is attached as Exhibit N.

Subsequent Mortgage Loan Purchase Agreement. The agreement(s) between EMC, as seller, and Structured Asset Mortgage Investments II Inc., as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of Subsequent Mortgage Loans by EMC to Structured Asset Mortgage Investments II Inc.

Examples of Subsequent Mortgage Loan Purchase Agreement in a sentence

• The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee without recourse for the benefit of the Certificateholders all the right, title and interest of the Depositor, in, to and under the Subsequent Mortgage Loan Purchase Agreement, dated the date hereof, between the Depositor as purchaser and the Mortgage Loan Seller as seller, to the extent of the Subsequent Loans.

• The sale of Subsequent Mortgage Loans by the Seller to the Depositor shall be effected in accordance with the terms of Section 2.11 of the Pooling and Servicing Agreement pursuant to a Subsequent Mortgage Loan Purchase Agreement substantially in the form of this Agreement.

• The representations and warranties set forth in the Mortgage Loan Purchase Agreement (or the related Subsequent Mortgage Loan Purchase Agreement, with respect to the Subsequent Mortgage Loans) shall be deemed to have been made by the Seller with respect to each Substitute Mortgage Loan as of the date of acceptance of such Mortgage Loan by the Trustee.

• The representations and warranties set forth in the Mortgage Loan Purchase Agreement and any Subsequent Mortgage Loan Purchase Agreement shall be deemed to have been made by the Seller with respect to each Substitute Mortgage Loan as of the date of acceptance of such Mortgage Loan by the Trustee (on behalf of the Trust).

• The Company hereby assigns to the Trustee for the benefit of Certificateholders all of its rights (but none of its obligations) in, to and under the Mortgage Loan Purchase Agreement and the Subsequent Mortgage Loan Purchase Agreement.

More Definitions of Subsequent Mortgage Loan Purchase Agreement

Subsequent Mortgage Loan Purchase Agreement. Any Mortgage Loan Purchase Agreement dated as of the Subsequent Cut-off Date, among Impac Funding Corporation, as seller, Impac Mortgage Holdings, Inc., as guarantor, and the Depositor as purchaser, and all amendments thereof and supplements thereto.

Subsequent Mortgage Loan Purchase Agreement. The agreement among Impac Funding Corporation, as seller, Impac Mortgage Holdings, Inc., as guarantor, and the Company, as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Company.

Subsequent Mortgage Loan Purchase Agreement. Each agreement between EMC, as seller, and Structured Asset Mortgage Investments II Inc., as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by EMC to Structured Asset Mortgage Investments II Inc., a form of which is attached as Exhibit M. Subsequent Recoveries: As of any Distribution Date, amounts received during the related Due Period by the Servicer (net of any related expenses permitted to be reimbursed pursuant to Section 4.02) or surplus amounts held by the Servicer to cover estimated expenses (including, but not limited to, recoveries in respect of the representations and warranties made by the Seller pursuant to the Mortgage Loan Purchase Agreement or any Subsequent Mortgage Loan Purchase Agreement) specifically related to a Liquidated Mortgage Loan or the disposition of an REO Property prior to the related Prepayment Period that resulted in a Realized Loss, after liquidation or disposition of such Mortgage Loan.

Subsequent Mortgage Loan Purchase Agreement. Any of (i) the subsequent mortgage loan purchase agreement dated as of the Subsequent Transfer Date, between EMC, as seller, and Xxxxxxx Xxxxx Mortgage Investors, Inc., as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by EMC to Xxxxxxx Xxxxx Mortgage Investors, Inc., attached as Exhibit L-1, (ii) the subsequent sale and assignment agreement dated as of the Subsequent Transfer Date, between KKR Financial, as seller, and KKR, as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by KKR Financial to KKR, attached as Exhibit L-2, or (iii) the subsequent mortgage loan purchase agreement dated as of the Subsequent Transfer Date, between KKR, as seller, and Xxxxxxx Xxxxx Mortgage Investors, Inc., as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by KKR to Xxxxxxx Xxxxx Mortgage Investors, Inc., a form of which is attached as Exhibit L-3.

Subsequent Mortgage Loan Purchase Agreement. The agreements and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans to the Depositor a form of which is attached as Exhibit Q.

Subsequent Mortgage Loan Purchase Agreement. The agreement dated as of the Subsequent Transfer Date, between KKR Financial Mortgage Corp., as seller, and Structured Asset Mortgage Investments II Inc., as purchaser, and all amendments thereof and supplements thereto, regarding the transfer of the Subsequent Mortgage Loans by KKR Financial Mortgage Corp. to Structured Asset Mortgage Investments II Inc., a form of which is attached as Exhibit M.

Subsequent Mortgage Loan Purchase Agreement in substantially the form attached as Exhibit __ to this Agreement pursuant to which the Seller will transfer Subsequent Mortgage Loans to the Purchaser.