Transactions Terms Letter definition

Transactions Terms Letter. The document executed by Buyer and Seller, referencing this Agreement and setting forth certain specific terms, and any additional terms, with respect to this Agreement.

Transactions Terms Letter. The document executed by Xxxxx, Guarantor and Seller, referencing this Agreement and setting forth certain specific terms, and any additional terms, with respect to this Agreement.

Transactions Terms Letter. The document executed by Purchaser and Seller, referencing the Master Repurchase Agreement and setting forth certain specific terms, and any additional terms, with respect to the Master Repurchase Agreement.

Examples of Transactions Terms Letter in a sentence

• The Aggregate Transaction Limit and each Type Sublimit shall be as set forth in the Transactions Terms Letter.

• Seller shall pay to Buyer those fees set forth in this Agreement and the Transactions Terms Letter when they become due and owing.

• With respect to each Transaction, the type of Purchased Asset shall be the type of Asset as specified in the Transactions Terms Letter as the Type, and in each case shall consist of the type of mortgage loans, mortgage related securities, or interests therein as described in Bankruptcy Code Section 101(47)(A).

• Seller shall at all times maintain a balance in the Over/Under Account of not less than the Minimum Over/Under Account Balance, as set forth in the Transactions Terms Letter.

• The terms and conditions of the Transactions Terms Letter are hereby incorporated and form a part of this Agreement as if fully set forth herein; provided however, to the extent of any conflict between the terms of this Agreement and the terms of the Transactions Terms Letter, the Transactions Terms Letter shall control.

• Seller shall pay to Buyer those fees set forth in this Agreement or the Transactions Terms Letter when they become due and owing.

• Seller shall at all times comply with any financial covenants and/or financial ratios set forth in the Transactions Terms Letter.

• With respect to each Transaction, Seller shall ensure that there are sufficient funds on deposit in the Over/Under Account such that following the withdrawal of the Haircut by Buyer, the balance of the Over/Under Account is equal to or greater than the minimum required balance, as set forth in the Transactions Terms Letter.

• The terms and conditions of the Transactions Terms Letter are hereby incorporated and form a part of this Agreement as if fully set forth herein; provided, however, to the extent of any conflict between the terms of this Agreement and the terms of the Transactions Terms Letter, the Transactions Terms Letter shall control.

• Unless defined otherwise in the Transactions Terms Letter, a second lien mortgage loan for a fixed amount drawn at closing and underwritten in accordance with Seller’s underwriting guidelines for second lien mortgages, as same have been approved by Buyer.

More Definitions of Transactions Terms Letter

Transactions Terms Letter. The amended and restated document executed by Buyer and loanDepot Parties, dated as of the date hereof, referencing this Agreement and setting forth certain specific terms, and any additional terms, with respect to this Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Transactions Terms Letter means that certain Transactions Terms Letter, dated as of the date hereof, between Buyer and Seller, as the same may be amended from time to time.

Transactions Terms Letter. The document executed by Administrative Agent, Buyers, Guarantor and Seller, referencing this Agreement and setting forth certain specific terms, and any additional terms, with respect to this Agreement. “Type”: A specific type of Purchased Asset, as set forth in the Transactions Terms Letter. “Type Margin”: With respect to each Type of Purchased Asset, the corresponding annual rate of interest for such Type as set forth in the Transactions Terms Letter that shall be added to the Applicable Pricing Rate to determine the annual rate of interest for the related Purchase Price.

Transactions Terms Letter. The document executed by Secured Party, Guarantor, Buyers, Guarantor and Debtor, referencing the Repurchase Agreement and setting forth certain specific terms, and any additional terms, with respect to the Repurchase Agreement. “Type”: A specific type of Purchased Asset, as set forth in the Transactions Terms Letter. “Type Margin”: With respect to each Type of Purchased Asset, the corresponding annual rate of interest for such Type as set forth in the Transactions Terms Letter that shall be added to the Applicable Pricing Rate to determine the annual rate of interest for the related Purchase Price. “Wet Mortgage Loan”: A closed Mortgage Loan that Administrative Agent, on behalf of Buyers, purchases from Seller prior to receipt by Administrative Agent, on behalf of Buyers, or its Custodian of the related Mortgage Loan Documents, subject to Seller’s obligation to deliver the related Mortgage Loan Documents to Administrative Agent, on behalf of Buyers, or its Custodian within the applicable Maximum Dwell Time with respect to Seller’s obligation to deliver the related Mortgage Loan Documents to Administrative Agent, on behalf of Buyers, or its Custodian. FILING LOCATION: State of [District of Columbia – Recorder of Deeds][U.S. Virgin Islands] A list of the Mortgage Loans which the Custodian has then been instructed to hold for the Secured Party subject to the Custodial Agreement (including any Mortgage Loans which are Wet Mortgage Loans) may be obtained by contacting the Secured Party at the address set forth above.

Transactions Terms Letter in their respective entireties and replacing them with the following: Total Liabilities: As of any date of determination [***].