Common use of Agreement to Acquire Clause in Contracts

Agreement to Acquire. The Seller agrees to convey, and the Purchaser agrees to acquire, the Mortgage Loans identified on Mortgage Loan Schedule, as such Mortgage Loan Schedule may be amended to reflect the actual Mortgage Loans accepted by the Purchaser pursuant to the terms hereof. The conveyance of the Mortgage Loans shall take place on the Closing Date. The consideration for the Mortgage Loans conveyed pursuant to this Agreement shall be specified on Exhibit B annexed hereto, which consideration shall be exchanged on or prior to the Closing Date.

Appears in 2 contracts

Sources: Initial Mortgage Loan Conveyance Agreement (Aames Capital Acceptance Corp), Initial Mortgage Loan Conveyance Agreement (Aames Capital Acceptance Corp)