Common use of Minimum Purchase Price Clause in Contracts

Minimum Purchase Price. On the Purchase Date, Program Lender shall assign and convey all CFS Conforming Loans originated by Program Lender included in the Pool to FMC, or a Purchaser Trust, in consideration of receipt of the Minimum Purchase Price therefor. For purposes of this Agreement the term β€œ

Appears in 2 contracts

Sources: Note Purchase Agreement (National Collegiate Funding LLC), Note Purchase Agreement (National Collegiate Funding LLC)

Minimum Purchase Price. On the Purchase Date, Program Lender shall assign and convey all CFS Conforming Loans originated by Program Lender included in the Pool to FMC, or a Purchaser Trust, in consideration of receipt of the Minimum Purchase Price therefor. For purposes of this Agreement the term β€œ"

Appears in 1 contract

Sources: Note Purchase Agreement (First Marblehead Corp)