(xvi) for which, if not a Wet Loan, a complete Loan File has been delivered to Buyer on or before its Purchase Date;
(xvii) for which, if a Wet Loan:
(A) on or before its Purchase Date, a written fraud detection report acceptable to Buyer in its sole discretion has been delivered to Buyer;
(B) if requested by Buyer, all applicable items listed in clauses (i) through (iii) of the definition of Loan File have been delivered to Buyer or Custodian, as applicable, on or before its Purchase Date;
(C) if it is also a Jumbo Loan, the applicable items listed in clause (xviii) of this definition of Eligible Mortgage Loan have been delivered to Buyer on or before its Purchase Date; and
(D) at or before its Wet Funding Deadline, a complete Loan File has been delivered to Buyer;
(xviii) if a Jumbo Loan, that is covered by a Takeout Commitment issued by CL;
(xix) if and to the extent that Buyer elects by notice to Seller to review and approve them, for which Buyer has approved the underwriting, the Takeout Commitment and other related information;
(xx) that is not a Mortgage Loan that Seller has failed to repurchase when required by the terms of this Agreement;
(xxi) for which the related Mortgage Note has not been out of the possession of Buyer pursuant to a Trust Release Letter for more than five (5) Business Days after the date of that Trust Release Letter;
(xxii) for which neither the related Mortgage Note nor the Mortgage has been out of the possession of Buyer pursuant to a Bailee Letter for more than the number of days specified in such Bailee Letter; and
(xxiii) that is not a Defaulted Loan.
Termination Date means the earliest of (i) the Business Day that Seller or Buyer designates as the Termination Date by written notice to Buyer, in the case of a Seller notice, or to Seller, in the case of a Buyer notice, at least thirty (30) days before such date, (ii) the date of declaration of the Termination Date pursuant to Section 12(c) and (iii) February 19, 2021.
B. The following new definition is added to Section 2(a) of the A&R MRA in alphabetical order: