Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.
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Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr2), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Wm1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr3)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacityinxxxxxual capacity, but solely as Administrator.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Nc1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Nc1)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initiallythe Custodian for Party B shall be the same banking institution that acts as Trustee for the Certificates (as defined in the Pooling and Servicing Agreement) for Party B. Initially, the Custodian for Party B is Wells Fargo Bank, National Association, not : to be advised in its individuxx xxpacity, but solely as Administrator.writing by Party B to Party A.
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Samples: Alternative Loan Trust 2006-0c5
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initiallythe Custodian for Party B shall be the same banking institution that acts as Indenture Trustee for the Notes (as defined in the Indenture) for Party B. Initially, the Custodian for Party B is Wells Fargo Bank, National Association, not : to be advised in its individuxx xxpacity, but solely as Administrator.writing by Party B to Party A.
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Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initiallythe Custodian for Party B shall be the same banking institution that acts as Trustee for Party B. Initially, the Custodian for Party B is Wells Fargo Wexxx Xargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.N.A.
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Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacityindividuax xxxacity, but solely as Administrator.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (SABR LLC Trust 2006-Fr1)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initially, the Custodian for Party B is Wells Fargo Bank, National Association, not shall be the same banking institution that acts as Trustee for the Certificates (as defined in its individuxx xxpacity, but solely as Administrator.the Pooling and Servicing Agreement) for Party B.
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Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that initiallythe Custodian for Party B shall be the same banking institution that acts as Trustee for Party B. Initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.N.A.
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