Common use of Protection of Collateral Clause in Contracts

Protection of Collateral. 36 SECTION 3.06. Opinions as to Collateral................... 37 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION 3.08. Negative Covenants.......................... 41 SECTION 3.09. Annual Statement as to Compliance........... 42

Protection of Collateral. 36 SECTION 3.06. 17 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. Contracts................................................................. 18 Section 3.07 Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION 3.08. Servicing of Contracts....................................... 18 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. ....................................................................... 20 Section 3.09 Annual Statement as to Compliance........... 42........................................................ 20 Section 3.10 Issuer May Consolidate, etc. Only on Certain Terms....................................... 21 Section 3.11

Protection of Collateral. 36 SECTION 3.06. 17 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. ...............................................18 Section 3.07 Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION 3.08. Servicing of Contracts......................18 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. ......................................................20 Section 3.09 Annual Statement as to Compliance........... 42.......................................20 Section 3.10 Issuer May Consolidate, etc. Only on Certain Terms......................21 Section 3.11

Protection of Collateral. 36 SECTION 3.06. 16 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. .....................................17 Section 3.07 Performance of Obligations; Servicing; Commission SEC Filings........................ 38 SECTION 3.08. .......................17 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. ............................................19 Section 3.09 Annual Statement as to Compliance........... 42.............................19

Protection of Collateral. 36 SECTION 21 Section 3.06. Opinions as to Collateral................... 37 SECTION ......................................................................21 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION .....................................................................21 Section 3.08. Negative Covenants.......................... 41 SECTION .............................................................................22 Section 3.09. Annual Statement as to Compliance........... 42..............................................................23

Protection of Collateral. 36 SECTION 3.06. Opinions as to Collateral................... .................................. 37 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ ....................................... 38 SECTION 3.08. Negative Covenants.......................... ......................................... 41 SECTION 3.09Contents, pg. Annual Statement as to Compliance........... 42ii

Protection of Collateral. 36 SECTION 13 Section 3.06. Opinions as to Collateral................... 37 SECTION ......................................... 14 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Contracts................ 14 Section 3.08. Negative Covenants.......................... 41 SECTION 3.09. Annual Statement as to Compliance........... 42................................................ 15

Protection of Collateral. 36 SECTION 21 Section 3.06. Opinions as to Collateral................... 37 SECTION .....................................21 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION ....................................21 Section 3.08. Negative Covenants.......................... 41 SECTION ............................................22 Section 3.09. Annual Statement as to Compliance........... 42.............................23

Protection of Collateral. 36 SECTION 16 Section 3.06. Opinions as to Collateral................... 37 SECTION ........................................................16 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Contracts...............................16 Section 3.08. Negative Covenants.......................... 41 SECTION ...............................................................17 Section 3.09. Annual Statement as to Compliance........... 42................................................18 Section 3.10. Issuer May Consolidate, etc. Only on Certain Terms...............................18 Section 3.11. Successor or Transferee..........................................................19 Section 3.12.

Protection of Collateral. 36 24 SECTION 3.06. Opinions as to Collateral................... 37 ................................24 SECTION 3.07. Performance of Obligations; Servicing; Commission SEC Filings........................ 38 .......25 SECTION 3.08. Certain Negative Covenants.......................... 41 ...............................28 SECTION 3.09. Annual Statement as to Compliance........... 42........................29 SECTION 3.10. Issuer May Consolidate, etc., Only on Certain Terms......29 SECTION 3.11. Successor or Transferee..................................31 SECTION 3.12. No Other Business........................................31 SECTION 3.13. No Borrowing.............................................32

Protection of Collateral. 36 24 SECTION 3.06. Opinions as to Collateral................... 37 .....................................24 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 ....................................24 SECTION 3.08. Negative Covenants.......................... 41 ............................................25 SECTION 3.09. Annual Statement as to Compliance........... 42.............................25

Protection of Collateral. 36 SECTION 3.06. 17 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. Contracts........................................................ 18 Section 3.07 Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION 3.08. Servicing of Contracts.............................. 18 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. .............................................................. 20 Section 3.09 Annual Statement as to Compliance........... 42............................................... 20 Section 3.10 Issuer May Consolidate, etc. Only on Certain Terms.............................. 21 Section 3.11

Protection of Collateral. 36 SECTION 18 Section 3.06. Opinions as to Collateral................... 37 SECTION Negative Covenants ....................................... 19 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Loans ........... 20 Section 3.08. Negative Covenants.......................... 41 SECTION Reserved ................................................. 21 Section 3.09. Annual Statement as to Compliance........... 42Compliance ........................ 21 Section 3.10. Covenants of the Issuer .................................. 22 Section 3.11. Servicer's Obligations ................................... 22 Section 3.12.

Protection of Collateral. 36 SECTION 21 Section 3.06. Opinions as to Collateral................... 37 SECTION ........................................................22 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Contracts...............................22 Section 3.08. Negative Covenants.......................... 41 SECTION 3.09. Annual Statement as to Compliance........... 42...............................................................24

Protection of Collateral. 36 SECTION 18 Section 3.06. Opinions as to Collateral................... 37 SECTION Negative Covenants ..................................... 18 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Loans ......... 19 Section 3.08. Negative Covenants.......................... 41 SECTION Reserved ............................................... 20 Section 3.09. Annual Statement as to Compliance........... 42Compliance ...................... 21 Section 3.10. Covenants of the Issuer ................................ 21 Section 3.11. Servicer's Obligations ................................. 21 Section 3.12.

Protection of Collateral. 36 SECTION 3.06. 17 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. Contracts................................................... 18 Section 3.07 Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION 3.08. Servicing of Contracts......................... 18 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. ......................................................... 20 Section 3.09 Annual Statement as to Compliance........... 42.......................................... 20 Section 3.10 Issuer May Consolidate, etc. Only on Certain Terms......................... 21 Section 3.11

Protection of Collateral. 36 SECTION 23 Section 3.06. Annual Opinions as to Collateral................... 37 SECTION ............................ 24 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Mortgage Loans..... 24 Section 3.08. Negative Covenants.......................... 41 SECTION .......................................... 26 Section 3.09. Annual Statement as to Compliance........... 42........................... 27 Section 3.10. Covenants of the Issuer..................................... 28 Section 3.11. Servicer's Obligations...................................... 28 i 3 Page ----

Protection of Collateral. 36 SECTION 23 Section 3.06. Annual Opinions as to Collateral................... 37 SECTION ..................................................... 23 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION ........................................................... 24 Section 3.08. Negative Covenants.......................... 41 SECTION ................................................................... 25 Section 3.09. Annual Statement as to Compliance........... 42.................................................... 26 Section 3.10. Covenants of the Issuer.............................................................. 27 Section 3.11.

Protection of Collateral. 36 28 SECTION 3.06. Opinions as to Collateral................... 37 ............................................28 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 ...........................................29 SECTION 3.08. Negative Covenants.......................... 41 ...................................................29 SECTION 3.09. Annual Statement as to Compliance........... 42....................................30

Protection of Collateral. 36 SECTION 20 Section 3.06. Annual Opinions as to Collateral................... 37 SECTION ..........................20 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Home Loans.......21 Section 3.08. Negative Covenants.......................... 41 SECTION ........................................22 Section 3.09. Annual Statement as to Compliance........... 42.........................23 Section 3.10. Covenants of the Issuer...................................23 Section 3.11. Servicer's Obligations....................................23 Section 3.12.

Protection of Collateral. 36 SECTION 17 Section 3.06. Opinions as to Collateral................... 37 SECTION Reserved...............................................18 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION Servicing of Loans.........18 Section 3.08. Negative Covenants.......................... 41 SECTION .....................................19 Section 3.09. Annual Statement as to Compliance........... 42......................20 Section 3.10. Covenants of the Issuer................................21 Section 3.11. Servicer's Obligations.................................21 Section 3.12.

Protection of Collateral. 36 19 SECTION 3.063.6. Opinions as to Collateral................... 37 .............................................................20 SECTION 3.073.7. Performance of Obligations; Servicing; Commission Filings........................ 38 ............................................................20 SECTION 3.083.8. Negative Covenants.......................... 41 ....................................................................21 SECTION 3.093.9. Annual Statement as to Compliance........... 42.....................................................21 SECTION 3.10. Issuer May Consolidate, etc., Only on Certain Terms...................................21 SECTION 3.11. Successor or Transferee...............................................................22

Protection of Collateral. 36 15 SECTION 3.063.5. Opinions as to Collateral................... 37 ..............................15 SECTION 3.073.6. Performance of Obligations; Servicing; Commission Filings........................ 38 Servicing of Receivables............................................15 SECTION 3.083.7. Negative Covenants.......................... 41 .....................................16 SECTION 3.093.8. Annual Statement as to Compliance........... 42......................17 SECTION 3.9. Covenants of the Issuer................................18 SECTION 3.10. Investment Company Act.................................18 SECTION 3.11.

Protection of Collateral. 36 SECTION 26 Section 3.06. Opinions as to Collateral................... 37 SECTION ........................... 27 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION ............................................. 27 Section 3.08. Negative Covenants.......................... 41 SECTION .................................. 29 Section 3.09. Annual Statement as to Compliance........... 42................... 30 Section 3.10. Note Issuer May Consolidate, etc., Only on Certain Terms............................................... 30 Section 3.11. Successor or Transferee............................. 32 Section 3.12. No Other Business................................... 32 Section 3.13. No Borrowing........................................ 32 Section 3.14. Servicer's Obligations.............................. 32 TABLE OF CONTENTS (CONTINUED) PAGE

Protection of Collateral. 36 SECTION 26 Section 3.06. Opinions as to Collateral................... 37 SECTION .............................................................27 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION .............................27 Section 3.08. Negative Covenants.......................... 41 SECTION ....................................................................29 Section 3.09. Annual Statement as to Compliance........... 42.....................................................29 Section 3.10. Note Issuer May Consolidate, etc......................................................30

Protection of Collateral. 36 28 SECTION 3.06. Opinions as to Collateral................... 37 ................................................................29 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 ...............................................................29 SECTION 3.08. Negative Covenants.......................... 41 .......................................................................30 SECTION 3.09. Annual Statement as to Compliance........... 42........................................................30

Protection of Collateral. 36 SECTION 20 Section 3.06. Opinions as to Collateral................... 37 SECTION ....................................21 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION ...................................21 Section 3.08. Negative Covenants.......................... 41 SECTION ...........................................22 Section 3.09. Annual Statement as to Compliance........... 42............................23

Protection of Collateral. 36 27 SECTION 3.06. Opinions as to Collateral................... 37 .....................................28 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 Servicing of Contracts............28 SECTION 3.08. Negative Covenants.......................... 41 ............................................30 SECTION 3.09. Annual Statement as to Compliance........... 42.............................31

Protection of Collateral. 36 SECTION 14 Section 3.06. Annual Opinions as to Collateral................... 37 SECTION ................................................. 15 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION ....................................................... 15 Section 3.08. Negative Covenants.......................... 41 SECTION ............................................................... 16 Section 3.09. Annual Statement as to Compliance........... 42................................................ 17 Section 3.10. Covenants of the Issuer Trust.................................................... 18 Section 3.11.

Protection of Collateral. 36 19 SECTION 3.063.6. Opinions as to Collateral................... 37 ...................................................................20 SECTION 3.073.7. Performance of Obligations; Servicing; Commission Filings........................ 38 ..................................................................20 SECTION 3.083.8. Negative Covenants.......................... 41 ..........................................................................21 SECTION 3.093.9. Annual Statement as to Compliance........... 42...........................................................21 SECTION 3.10. Issuer May Consolidate, etc., Only on Certain Terms........................................21 SECTION 3.11. Successor or Transferee....................................................................22

Protection of Collateral. 36 SECTION 3.06. 16 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. .....................................17 Section 3.07 Performance of Obligations; Servicing; Commission SEC Filings........................ 38 SECTION 3.08. .......................17 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. ............................................19 Section 3.09 Annual Statement as to Compliance........... 42.............................19 i <PAGE> Section 3.10 Issuer May Consolidate, etc., Only on Certain Terms...........20 Section 3.11 Successor or Transferee.......................................22 Section 3.12 No Other Business.............................................22 Section 3.13 No Borrowing..................................................22 Section 3.14 Guarantees, Loans, Advances and Other Liabilities.............22 Section 3.15 Capital Expenditures..........................................22 Section 3.16

Protection of Collateral. 36 24 SECTION 3.06. Opinions as to Collateral................... 37 .........................................................24 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 ........................................................25 SECTION 3.08. Negative Covenants.......................... 41 ................................................................25 SECTION 3.09. Annual Statement as to Compliance........... 42.................................................26

Protection of Collateral. 36 SECTION 3.06. 17 Section 3.06 Opinions as to Collateral................... 37 SECTION 3.07. Contracts......................................................... 18 Section 3.07 Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION 3.08. Servicing of Contracts............................... 18 Section 3.08 Negative Covenants.......................... 41 SECTION 3.09. ............................................................... 20 Section 3.09 Annual Statement as to Compliance........... 42................................................ 20 Section 3.10 Issuer May Consolidate, etc. Only on Certain Terms............................... 21 Section 3.11

Protection of Collateral. 36 28 SECTION 3.06. Opinions as to Collateral................... 37 .......................................................28 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 ......................................................29 SECTION 3.08. Negative Covenants.......................... 41 ..............................................................29 SECTION 3.09. Annual Statement as to Compliance........... 42...............................................30

Protection of Collateral. 36 SECTION ..22 Section 3.06. Annual Opinions as to Collateral................... 37 SECTION ...............................23 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION .....................................23 Section 3.08. Negative Covenants.......................... 41 SECTION .............................................24 Section 3.09. Annual Statement as to Compliance........... 42..............................25 Section 3.10. Covenants of the Issuer........................................26 Section 3.11.

Protection of Collateral. 36 12 SECTION 3.063.6. Opinions as to Collateral................... 37 .................................................................. 12 SECTION 3.073.7. Performance of Obligations; Servicing; Commission Filings........................ 38 Servicing of Mortgage Loans.................................... 13 SECTION 3.083.8. Negative Covenants.......................... 41 ......................................................................... 14 SECTION 3.093.9. Annual Statement as to Compliance........... 42.......................................................... 15

Protection of Collateral. 36 SECTION 3.06. Opinions as to Collateral................... 37 ................................36 SECTION 3.07. Performance of Obligations; Servicing; Commission SEC Filings........................ .......38 SECTION 3.08. Negative Covenants.......................... 41 .......................................40 SECTION 3.09. Annual Statement as to Compliance........... 42........................41

Protection of Collateral. 36 28 SECTION 3.06. Opinions as to Collateral................... 37 ................................................... 29 SECTION 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 ....................................... 29 SECTION 3.08. Negative Covenants.......................... 41 .......................................................... 31 SECTION 3.09. Annual Statement as to Compliance........... 42........................................... 32

Protection of Collateral. 36 SECTION 24 Section 3.06. Opinions as to Collateral................... 37 SECTION ...................................................................24 Section 3.07. Performance of Obligations; Servicing; Commission Filings........................ 38 SECTION ...................................25 Section 3.08. Negative Covenants.......................... 41 SECTION ..........................................................................27 Section 3.09. Annual Statement as to Compliance........... 42...........................................................27 Section 3.10. Note Issuer May Consolidate, etc............................................................28 Section 3.11. Successor or Transferee.....................................................................29