Common use of Credit Default Swaps Clause in Contracts

Credit Default Swaps. MRFC agrees that at any time that it enters into any Credit Default Swap, it shall execute and deliver to the Administrative Agent, for the benefit of the Purchasers, an assignment of all amounts payable to MRFC under such Credit Default Swap substantially in the form of Exhibit 5.01(q) (each, a “Required Credit Default Swap Assignment”).