Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust the Cap Assignment and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the terms of the Cap Assignment and each of the Cap Agreements.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Certs Ser 2004-1), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-1, Asset-Backed Certs., Series 2005-1), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-3, Asset-Backed Certs., Series 2004-3)
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust each of the Cap Assignment Agreements and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the terms of the Cap Assignment and each of the Cap Agreements.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl1 Asset-Backed Certificates, Series 2005-Wl1), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-2 Asset-Backed Certificates, Series 2005-2), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl1 Asset-Backed Certificates, Series 2005-Wl1)
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust the Cap Assignment Agreement and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the terms of the Cap Assignment Agreement. The Depositor hereby authorizes and each directs the Trustee to ratify on behalf of the Trust, as the Trust’s own actions, the terms agreed to by the Depositor in relation to the Cap Agreements.Agreement, as reflected in such Cap Agreement, and the Trustee hereby so ratifies the Cap Agreement. 118
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-Wl2), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-Wl3)
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust each of the Cap Assignment Agreements and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the terms of the Cap Assignment and each of the Cap Agreements. The Depositor hereby authorizes and directs the Trustee to ratify on behalf of the Trust, as the Trust’s own actions, the terms agreed to by the Depositor in relation to each of the Cap Agreements, as reflected in such Cap Agreements, and the Trustee hereby so ratifies the Cap Agreements.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl3), Pooling and Servicing Agreement (Long Beach Securities Corp)
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust each of the Cap Assignment Agreements and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the respective terms of the each Cap Assignment and each of the Cap AgreementsAgreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp Asset Backed Cert Series 2003-1)
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust each of the Cap Assignment Contracts and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the respective terms of each Cap Agreement. The Trustee hereby directs the Cap Assignment Trust Administrator to execute and deliver on behalf of the Trust each of the Cap AgreementsContracts and authorizes the Trust Administrator to perform its obligations thereunder on behalf of the Trust in accordance with the respective terms of each Cap Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Cert Ser 2002 3)
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust the Cap Assignment Agreements and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the terms of the Cap Assignment and each of the Cap Agreements.
Appears in 1 contract
Cap Agreements. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust each of the Cap Assignment Contracts and authorizes the Trustee to perform its obligations thereunder and under each of the Cap Agreements on behalf of the Trust in accordance with the respective terms of the each Cap Assignment and each of the Cap AgreementsAgreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Mortgage Loan Trust 2002-4)
