Common use of Liquidation/Application of Posted Credit Support Clause in Contracts

Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreement, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.

Appears in 74 contracts

Samples: 2002 Master Agreement (Verizon Master Trust), 2002 Master Agreement (Efcar, LLC), 2002 Master Agreement (Verizon Master Trust)

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Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreementdemand, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.

Appears in 2 contracts

Samples: Isda Master Agreement (Virgin Entertainment Investment Holdings LTD), Isda Master Agreement (Virgin Entertainment Investment Holdings LTD)

Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreement, by the Defaulting Party or, if there is no not Defaulting Party, equally by the parties.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1)

Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreementdemand, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.parties.‌‌‌‌‌‌‌‌‌

Appears in 1 contract

Samples: Isda Master Agreement

Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreementdemand, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.. Execution Version

Appears in 1 contract

Samples: Master Agreement (Corvina Holdings LTD)

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Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 B will be payable, on demand and pursuant to the Expenses Section of this Agreement, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.

Appears in 1 contract

Samples: Artisan Components Inc

Liquidation/Application of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreement, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.. Reference No. 16900928

Appears in 1 contract

Samples: Rate Cap Agreement (America First Multifamily Investors, L.P.)

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