Common use of INTRODUCTORY STATEMENTS Clause in Contracts

INTRODUCTORY STATEMENTS. Pursuant to a Pooling and Servicing Agreement, dated as of December 1, 1997, made by and among the Depositor as depositor, the Seller as seller, the Company as master servicer and Bankers Trust Company of California, N.A., as trustee (the "Trustee"), $114,425,000 ▇▇▇▇▇▇ ABS Corporation, United PanAm Mortgage Loan Asset Backed Certificates, Series 1997-1, Class A (the "Securities") are being issued. ---------- The Company has requested that FSA issue a financial guaranty insurance policy guarantying certain distributions of the principal of and interest on the Securities (including any such distributions subsequently avoided as a preference under applicable bankruptcy law) upon the terms and subject to the conditions provided herein. The parties hereto desire to specify the conditions precedent to the issuance of the Policy by FSA, the payment of premium in respect of the Policy, the indemnity and reimbursement to be provided to FSA in respect of amounts paid by FSA under the Policy or otherwise and certain other matters. In consideration of the premises and of the agreements herein contained, FSA, the Depositor, the Seller and the Company hereby agree as follows:

INTRODUCTORY STATEMENTS. Pursuant to a Pooling and Servicing Agreement, dated as of December September 1, 19971996, made by and among between the Depositor Company, as depositorsponsor and master servicer, the Seller as seller, the Company as master servicer and Bankers Trust Company of California, N.A.Company, as trustee (the "Trustee"), $114,425,000 ▇▇▇▇▇▇ ABS Corporation, United PanAm 92,121,000 Accredited Mortgage Loan Asset Trust 1996-1 Mortgage Loan Asset-Backed Certificates, Series 19971996-1, Class A A-1 and Class A-2 Certificates (collectively, the "Securities") ), together with Class B-1, Class B-2 and Class R Certificates, are being issued. ---------- The Company has requested that FSA issue a financial guaranty insurance policy guarantying certain distributions of the principal of and interest on the Securities (including any such distributions subsequently avoided as a preference under applicable bankruptcy law) upon the terms and subject to the conditions provided herein. The parties hereto desire to specify the conditions precedent to the issuance of the Policy by FSA, the payment of premium in respect of the Policy, the indemnity and reimbursement to be provided to FSA in respect of amounts paid by FSA under the Policy or otherwise and certain other matters. In consideration of the premises and of the agreements herein contained, FSA, the Depositor, the Seller FSA and the Company hereby agree as follows:

INTRODUCTORY STATEMENTS. Pursuant to a Pooling and Servicing Agreement, dated as of December April 1, 1997, made by and among the Depositor as depositor, the Seller as seller, the Company as master servicer and Bankers Trust Company of California, N.A., as trustee 2000 (the "TrusteeAgreement"), among the Depositor, the Company, as Servicer and Seller, and Norwest Bank Minnesota, National Association, as Trustee, $114,425,000 ▇▇▇▇▇▇ ABS Corporation, United PanAm 211,533,000 The Mortgage Lenders Network Home Equity Loan Asset Backed Trust 2000-1 Pass-Through Certificates, Series 19972000-1, Class A A-1, Class A-2, Class A-3, Class A-4 and Class A-5 (the "Securities") ), are being issued. ---------- The Company has and the Depositor have requested that FSA issue a financial guaranty insurance policy guarantying certain distributions of the principal of and interest on the Securities (including any such distributions subsequently avoided as a preference under applicable bankruptcy law) upon the terms and subject to the conditions provided herein. The parties hereto desire to specify the conditions precedent to the issuance of the Policy by FSA, the payment of premium in respect of the Policy, the indemnity and reimbursement to be provided to FSA in respect of amounts paid by FSA under the Policy or otherwise and certain other matters. In consideration of the premises and of the agreements herein contained, FSA, the Depositor, the Seller Company and the Company Depositor hereby agree as follows: