Common use of Bank Clause in Contracts

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 335 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (ML-CFC Commercial Mortgage Trust 2007-9), Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr16)

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Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 109 contracts

Samples: Distribution Instructions (Morgan Stanley Capital I Inc.), Trust Agreement (Northwest Airlines Inc /Mn), Trust Agreement (Northwest Airlines Inc /Mn)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 39 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14), Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14), Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, institution and (b) has an audited net worth of at least $25,000,000 25 million as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 38 contracts

Samples: Pooling and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2015-C28), Pooling and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2015-C29), Pooling and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2015-Nxs1)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 24 contracts

Samples: Master Indenture (STORE CAPITAL Corp), Master Indenture (Essential Properties Realty Trust, Inc.), Master Indenture (Spirit Realty Capital, Inc.)

Bank. The Transferee (a) is a national bank or a banking institution as defined in Section 3(a)(2) of the 1933 Act and is organized under the laws of any a state, U.S. territory or the District of Columbia, the . The business of which the Transferee is substantially confined to banking and is supervised by the appropriate state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, statements as of a date not more than 16 months preceding the date of sale of the Transferred Certificates this certification in the case of a U.S. bank, and not more than 18 months preceding such the date of sale this certification in the case of a foreign bank or equivalent institution, a copy of which financial statements is attached hereto.

Appears in 21 contracts

Samples: Sale Agreement (New Residential Investment Corp.), Indenture (New Residential Investment Corp.), Indenture (Nationstar Mortgage Holdings Inc.)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory territory, or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached heretoattached, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 21 contracts

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-D)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 20 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr16), Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr18), Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Inc)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, institution and (b) has an audited net worth of at least $25,000,000 $ as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (WFRBS Commercial Mortgage Trust 2012-C9), Pooling and Servicing Agreement (WFRBS Commercial Mortgage Trust 2012-C9), Pooling and Servicing Agreement (Wells Fargo Commercial Mortgage Trust 2012-Lc5)

Bank. The Transferee (a) is a national bank or a banking institution as defined in Section 3(a) (2) of the Securities Act and is organized under the laws of any a state, U.S. territory or the District of Columbia, the . The business of which the Transferee is substantially confined to banking and is supervised by the appropriate state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, statements as of a date not more than 16 months preceding the date of sale of the Transferred Certificates this certification in the case of a U.S. bank, and not more than 18 months preceding such the date of sale this certification in the case of a foreign bank or equivalent institution, a copy of which financial statements is attached hereto.

Appears in 8 contracts

Samples: Trust Agreement (Saxon Asset Securities Co), Trust Agreement (Saxon Asset Securities Co), Trust Agreement (Saxon Asset Securities Co)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Notes in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 6 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2008-C7), Pooling and Servicing Agreement (CD 2007-Cd4 Commercial Mortgage Trust), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2007-C6)

Bank. The Transferee (a) is a national bank or a banking institution as defined in Section 3(a)(2) of the 1933 Act and is organized under the laws of any a state, U.S. territory or the District of Columbia, the . The business of which the Transferee is substantially confined to banking and is supervised by the appropriate state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, statements as of a date not more than 16 months preceding the date of sale of the Transferred Certificates this certification in the case of a U.S. bank, and not more than 18 eighteen months preceding such the date of sale this certification in the case of a foreign bank or equivalent institution, a copy of which financial statements is attached hereto.

Appears in 5 contracts

Samples: Pooling Agreement (Luminent Mortgage Trust 2007-2), Pooling Agreement (Luminent Mortgage Trust 2007-1), Pooling Agreement (Luminent Mortgage Trust 2006-6)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking banking, and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 5 contracts

Samples: Master Indenture (STORE CAPITAL Corp), Master Indenture (Essential Properties Realty Trust, Inc.), Master Indenture (Spirit Realty Capital, Inc.)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least US $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 4 contracts

Samples: Issuing and Paying Agency Agreement, Issuing and Paying Agency Agreement, Agreement (American Honda Finance Corp)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Bond in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 4 contracts

Samples: Indenture (Collateralized Mortgage Bonds Series 1999 1), Terms Indenture (Criimi Mae Inc), Indenture (Imh Assets Corp Impac CMB Trust 1998 C1 Col Mor Bond 1998 C1)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached heretoA COPY OF WHICH IS ATTACHED HERETO, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 3 contracts

Samples: Trust Agreement (Imh Assets Corp Impac CMB Trust 1998 C1 Col Mor Bond 1998 C1), Pooling and Servicing Agreement (Salomon Brothers Mortgage Securities Vii Inc), Pooling and Servicing Agreement (Gmac Commercial Mortgage Securities Inc)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, institution and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 3 contracts

Samples: Trust Agreement (Banc of America Funding 2008-R3 Trust), Trust Agreement (Banc of America Funding Corp), Trust Agreement (Banc of America Funding 2008-R3 Trust)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached heretoA COPY OF WHICH IS ATTACHED HERETO, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 3 contracts

Samples: Custodial Agreement (Renaissance Home Equity Loan Trust 2005-1), Indenture (Greenpoint Mortgage Funding Trust 2005-He1), Renaissance Mortgage Acceptance Corp

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (( b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.. --------------------

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Ser 2003 Top9), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Ser 2003 Top9)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, institution and (b) has an audited net worth of at least $25,000,000 25 million as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.. __________

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (SG Commercial Mortgage Securities, LLC), Pooling and Servicing Agreement (SG Commercial Mortgage Securities, LLC)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred - Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Banc of America Funding 2006-6 Trust)

Bank. The Transferee (a) is a national bank or a banking -------- institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2005 TOP 17), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2005 TOP 17)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached heretoA COPY OF WHICH IS ATTACHED HERETO, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Structured Asset Sec Corp Com Mort Pas THR Certs Ser 2000-C3), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.. ---------------------

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Ser 2003 Top9), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Ser 2003 Top9)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Owner Trust Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Deposit Trust Agreement (Indymac Abs Inc)

Bank. The Transferee (a) is a national bank or a banking institution as ---- defined in Section 3(a)(2) of the 1933 Act and is organized under the laws of any a state, U.S. territory or the District of Columbia, the . The business of which the Transferee is substantially confined to banking and is supervised by the appropriate state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, statements as of a date not more than 16 months preceding the date of sale of the Transferred Certificates this certification in the case of a U.S. bank, and not more than 18 months preceding such the date of sale this certification in the case of a foreign bank or equivalent institution., a copy of which financial statements is attached hereto. -------------------------------------------------------

Appears in 1 contract

Samples: Southpoint Residential Mortgage Securities Corp

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Qualified Institutional Buyers (SeaCube Container Leasing Ltd.)

Bank. The Transferee (a) is a national bank or a banking institution ---- organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (LB-UBS Commercial Mortgage Trust 2005-C1)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statementsstatement, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mor Pa THR Cert Se 1997 Hud2)

Bank. The Transferee (a) is a national bank or a banking institution ----- organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Sec Inc Trust 2004 Top14)

Bank. The Transferee (a) is a national bank or a banking institution ---- organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statementsstatement, a copy of --------- which is attached hereto, as of a date not more than 16 months ------------------------ preceding the date of sale of the Transferred Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Corp)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statementsstatement, a copy of which is attached heretoA COPY OF WHICH IS ATTACHED HERETO, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mor Pa THR Cert Se 1997 Hud-1)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Bonds in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Terms Indenture (Criimi Mae Inc)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.. ______

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenwich Capital Commercial Funding Corp)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, institution and (b) has an audited net worth of at least $25,000,000 25 million as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of a foreign bank or equivalent institution.. __________________________

Appears in 1 contract

Samples: Pooling and Servicing Agreement (WFRBS Commercial Mortgage Trust 2014-C19)

Bank. The Transferee (a) is a national bank or a banking ---- institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2006-Top23)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached heretoA COPY OF WHICH IS ATTACHED HERETO, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Notes in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory ' or the District of pf Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates Notes in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached heretoA COPY OF WHICH IS ATTACHED HERETO, as of a date not more than 16 months preceding the date of sale of the Transferred Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale in the case of for a foreign bank or equivalent institution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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