Mortgage Note Purchase Agreement Template for Canada

1. Servicing Rights and Obligations: Include when servicing arrangements are being transferred or modified as part of the purchase

2. Securitization Provisions: Include when the purchase is part of a securitization transaction

3. Regulatory Compliance: Additional compliance provisions when either party is a regulated entity

4. Post-Closing Obligations: Include when there are specific obligations that continue after closing

5. Third Party Consents: Include when third party approvals are required for the transfer

6. Custodial Arrangements: Include when a third-party custodian will hold the mortgage notes

1. Schedule A - Mortgage Note Schedule: Detailed list and description of each mortgage note being purchased

2. Schedule B - Purchase Price Calculation: Methodology and calculations for determining the purchase price

3. Schedule C - Required Documents: List of documents required for each mortgage note

4. Schedule D - Form of Transfer Documents: Forms of assignment and transfer documents

5. Schedule E - Form of Closing Certificate: Form of certificate confirming satisfaction of closing conditions

6. Schedule F - Due Diligence Checklist: Checklist of required due diligence items

7. Schedule G - Servicing Transfer Documents: Forms and procedures for servicing transfer if applicable