Remedies; Priorities. (a) If an Event of Default has occurred and is continuing, the Indenture Trustee subject to Section 11.16 may with the consent of the Credit Enhancer, and at the direction of the Credit Enhancer shall, do any of the following (subject to Section 5.11):
Appears in 57 contracts
Samples: Indenture (Cwabs Inc Revolving Home Eq Loan Asset BKD Notes Ser 2003-C), Custodial Agreement (CWHEQ, Inc.), Custodial Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-R)
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to the provisions of Section 11.16 10.17 hereof may with the written consent of the Credit Enhancer, and or shall at the written direction of the Credit Enhancer shall, do any one or more of the following (subject to Section 5.115.05):
Appears in 13 contracts
Samples: Indenture (Home Equity Loan Trust 2006-Hsa3), Indenture (Home Equity Loan Trust 2006-Hsa4), Indenture (RFMSII Series 2006-Hsa2 Trust)
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, then the Indenture Trustee Trustee, subject to the provisions of Section 11.16 may 10.17 hereof, with the written consent of the Credit Enhancer may, or, at the written direction of the Credit Enhancer, and at the direction of the Credit Enhancer shall, do any one or more of the following (following, in each case subject to Section 5.11):5.05:
Appears in 9 contracts
Samples: GMACM Home Loan Trust 2006-Hltv1, Residential Asset Mortgage Products Inc, Residential Asset Mortgage Products Inc
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to the provisions of Section 11.16 10.17 hereof may with the written consent of the Credit EnhancerEnhancer (so long as no Credit Enhancer Default exists), and or shall at the written direction of the Credit Enhancer shall(so long as no Credit Enhancer Default exists), do any one or more of the following (subject to Section 5.115.05):
Appears in 7 contracts
Samples: Home Loan Trust 2006-Hi3, Home Loan Trust 2006-Hi4, Home Loan Trust 2007-Hi1
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to the provisions of Section 11.16 10.17 hereof may with the written consent of the Credit Enhancer, and or shall at the written direction of the Credit Enhancer shallEnhancer, do any one or more of the following (subject to Section 5.115.05):
Appears in 6 contracts
Samples: Original Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Indenture (Residential Funding Mortgage Securities Ii Inc), Rfmsii 2004-Hi3
Remedies; Priorities. (a) If an Event of Default has occurred and is continuing, the Indenture Trustee subject to Section 11.16 may with the consent of the Credit Enhancer, and at the direction of the Credit Enhancer shall, do any of the following (subject to Section 5.11):
Appears in 6 contracts
Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-A)
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to the provisions of Section 11.16 10.17 hereof may with the prior written consent of the Credit Enhancer, and or shall at the written direction of the Credit Enhancer shall, do any one or more of the following (subject to Section 5.115.05):
Appears in 4 contracts
Samples: Indenture (Morgan Stanley Abs Capital I Inc MSDWCC Heloc Trust 2003-1), Morgan Stanley Abs Capital I Inc, Morgan Stanley ABS Capital I Inc. MSDWCC HELOC Trust 2005-1
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to Section 11.16 may shall, at the direction of the Credit Enhancer and may, with the consent of the Credit Enhancer, and at the direction of the Credit Enhancer shall, do any one or more of the following (subject to Section 5.115.5):
Appears in 1 contract
Samples: Indenture (Banc One Abs Corp)
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to the provisions of Section 11.16 10.17 hereof may with the written consent of the Credit Enhancer, and or shall at the written direction of the Credit Enhancer shallEnhancer, do any one or more of the following (subject to Section 5.115.05):
Appears in 1 contract
Remedies; Priorities. (a) If an Event of Default has occurred and is continuing, the Indenture Trustee subject to Section 11.16 may [with the consent of the Credit Enhancer, and at the direction of the Credit Enhancer shall, ,] do any of the following (subject to Section 5.11):
Appears in 1 contract
Samples: Indenture (Indymac Abs Inc)
Remedies; Priorities. (a) If an Event of Default has shall have occurred and is be continuing, the Indenture Trustee subject to the provisions of Section 11.16 10.17 hereof may with the written consent of the Credit Enhancer, and or shall at the written direction of the Credit Enhancer shallEnhancer, do any one or more of the following (subject to Section 5.11):5.05)
Appears in 1 contract
Samples: Servicing Agreement (Residential Funding Mortgage Securities Ii Inc)
