Contract of Sale

Example Definitions of "Contract of Sale"
Contract of Sale. A valid contract, whether oral or written, by which a third party becomes committed to purchase any Underwritten Certificates from the Underwriter and the Underwriter becomes committed to sell such Underwritten Certificates to such third party; provided that "Contract of Sale" excludes any action by such third party and the Underwriter prior to such commitments.
Found in Sequoia Mortgage Trust 2013-2 contract
Contract of Sale. The meaning assigned to that term in, and shall be interpreted in accordance with, Rule 159 of the Securities Act
Found in Carvana Receivables Depositor LLC contract
All Definitions