Common use of Indirect Participant Clause in Contracts

Indirect Participant. Any financial institution for which any Direct Participant holds an interest in a Book-Entry Certificate.

Appears in 8 contracts

Sources: Pooling and Servicing Agreement (Bayview Financial Sec Co LLC Mort Pas THR Certs Ser 2004 C), Pooling and Servicing Agreement (Bayview 2006-B), Pooling and Servicing Agreement (HMB Acceptance Corp.)

Indirect Participant. Any financial institution for which any Direct Participant holds an interest in a Book-Entry CertificateSecurity.

Appears in 1 contract

Sources: Transfer and Servicing Agreement (HMB Acceptance Corp.)