Common use of Failure to Transfer Clause in Contracts

Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans and/or Servicer Advances to Administrative Agent for the benefit of the applicable Buyer on the applicable Purchase Date (provided the Administrative Agent, on behalf of the applicable Buyer, has tendered the related Purchase Price).

Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans and/or Servicer Advances to Administrative Agent for the benefit of the applicable Buyer on the applicable Purchase Date (provided the Administrative Agent, on behalf of the applicable Buyer, has tendered the related Purchase Price).

Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans and/or Servicer Advances to Administrative Agent for the benefit of the applicable Buyer on the applicable Purchase Date (provided the Administrative Agent, on behalf of the applicable Buyer, has tendered the related Purchase Price).

Failure to Transfer. Seller fails Sellers fail to transfer the Purchased Mortgage Loans and/or Servicer Advances to the Administrative Agent for the benefit of the applicable Buyer Buyers on the applicable Purchase Date (provided the Administrative Agent, on behalf Agent for the benefit of the applicable Buyer, Buyers has tendered the related Purchase Price).

Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans and/or Servicer Advances to Buyers or Administrative Agent for the benefit of the applicable Buyer on the applicable Purchase Date (provided the Buyers or Administrative Agent, on behalf of the applicable Buyer, Agent has tendered the related Purchase Price).