Common use of Spread Clause in Contracts

Spread. The excess, if any, of (i) the purchase prices paid by investors to the Underwriter for the Underwritten Certificates over (ii) the purchase price paid by the Underwriter to the Depositor for the Underwritten Certificates purchased by the Underwriter.

Appears in 14 contracts

Sources: Underwriting Agreement (Sequoia Residential Funding Inc), Underwriting Agreement (Sequoia Mortgage Trust 2013-8), Underwriting Agreement (Sequoia Mortgage Trust 2013-7)

Spread. The excess, if any, of (i) the purchase prices paid by investors to the an Underwriter for the Underwritten Publicly-Offered Certificates over (ii) the purchase price paid by the such Underwriter to the Depositor for the Underwritten Publicly-Offered Certificates purchased by the such Underwriter.

Appears in 6 contracts

Sources: Underwriting Agreement (Sequoia Mortgage Trust 2007-3), Underwriting Agreement (Sequoia Mortgage Trust 2007-1), Underwriting Agreement (Sequoia Mortgage Trust 2006-1)

Spread. The excess, if any, of (i) the purchase prices paid by investors to the an Underwriter for the Underwritten Certificates Publicly-Offered [Certificates] [or] [Debt Obligations] over (ii) the purchase price paid by the such Underwriter to the Depositor for the Underwritten Certificates Publicly-Offered [Certificates] [or] [Debt Obligations] purchased by the such Underwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Sequoia Mortgage Funding Corp)

Spread. The excess, if any, of (i) the purchase prices paid by investors to the Underwriter for the Underwritten Certificates Certificate over (ii) the purchase price paid by the Underwriter to the Depositor for the Underwritten Certificates Certificate purchased by the Underwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Sequoia Mortgage Trust 2012-6)

Spread. The excess, if any, of (i) the purchase prices paid by investors to the an Underwriter for the Underwritten Certificates over (ii) the purchase price paid by the such Underwriter to the Depositor for the Underwritten Certificates purchased by the such Underwriter.

Appears in 1 contract

Sources: Underwriting Agreement (Sequoia Mortgage Trust 2010-H1)