Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans to Administrative Agent for the benefit of the applicable Buyer on the applicable Purchase Date (provided Administrative Agent, on behalf of the applicable Buyer, has tendered the related Purchase Price).
Appears in 2 contracts
Sources: Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
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).
Appears in 2 contracts
Sources: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)
Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans 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).
Appears in 1 contract
Failure to Transfer. Seller fails to transfer the Purchased Mortgage Loans to Buyers or Administrative Agent for the benefit of the applicable Buyer on the applicable Purchase Date (provided Buyers or Administrative Agent, on behalf of the applicable Buyer, Agent has tendered the related Purchase Price).
Appears in 1 contract
Sources: Master Repurchase Agreement (Caliber Home Loans, Inc.)
Failure to Transfer. Seller fails Sellers fail to transfer the Purchased Mortgage Loans 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).
Appears in 1 contract
Sources: Master Repurchase Agreement (Fieldstone Investment Corp)