Terms Annex

Terms Annex. Each Terms Annex attached hereto setting out certain additional terms applicable to Transactions hereunder. Each CMBS Transaction shall be subject to the approval of Buyer in its sole discretion. Each CMBS Transaction shall constitute a Transaction under the Repurchase Agreement. The aggregate amount of CMBS Transactions with respect to a Terms Annex outstanding at any time shall not exceed the Maximum Amount set forth in such Terms Annex. The transfer of each ... Purchased Security by Seller to Buyer under the Agreement shall constitute a separate Transaction and be subject to the terms and conditions set forth in the Agreement. The Purchase Price, Buyer's Margin Ratio and Pricing Rate for each Transaction with respect to a Terms Annex shall be determined in accordance with such Terms Annex. View More