Securitization Documents Sample Clauses

Securitization Documents. T. The parties hereto acknowledge that the rights of CAC or its assigns, pursuant to the Dealer Agreements, to set off Collections received with respect to a Pool against the outstanding balance under any other Pool are not intended, and should not be permitted, to be used to prejudice the collateral position of any of the parties hereto, and therefore the exercise of such rights should be limited to Back-end Dealer Payments. In consideration of the mutual premises and promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
Securitization Documents the Sale and Servicing Agreement, dated as of October 31, 2013, among the 2013-2 Trust, Funding 2013-2, CAC, the 2013-2 Trustee, and Wells Fargo Bank, National Association, as the Backup Servicer, the 2013-2 Indenture, and the documents related thereto, as amended from time to time.
Securitization Documents. Borrower, UDRC and UDRC II and each of their Affiliates are in full compliance with their respective obligations under the UDRC Securitization Documents and the UDRC II Securitization Documents, and no Securitization Default exists.
Securitization Documents. The Administrative Agent shall have received the most recent reports prepared by the Loan Parties in respect of the Receivables Securitization Programs satisfactory in form and substance to the Administrative Agent in its exclusive discretion.
Securitization Documents. The Sale and Servicing Agreement, dated as of October 28, 2021, among the 2021-4 Trust, Funding 2021-4, CAC, the 2021-4 Trustee, and Wells Fargo Bank, National Association, as the Backup Servicer, the 2021-4 Indenture, and the documents related thereto, as amended from time to time.
Securitization Documents. N. The parties hereto acknowledge that the rights of CAC or its assigns, pursuant to the Dealer Agreements, to set off Collections received with respect to a Pool against the outstanding balance under any other Pool are not intended, and should not be permitted, to be used to prejudice the collateral position of any of the parties hereto, and therefore the exercise of such rights should be limited to Back-end Dealer Payments. Funding 2015-2 directs the Owner Trustee of the 2015-2 Trust to enter into this Agreement, Funding 2015-1 directs the Owner Trustee of the 2015-1 Trust to enter into this Agreement, Funding 2014-2 directs the Owner Trustee of the 2014-2 Trust to enter into this Agreement, Funding 2014-1 directs the Owner Trustee of the 2014-1 Trust to enter into this Agreement, Funding 2013-2 directs the Owner Trustee of the 2013-2 Trust to enter into this Agreement and Funding 2013-1 directs the Owner Trustee of the 2013-1 Trust to enter into this Agreement. In consideration of the mutual premises and promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
Securitization Documents. (a) Except as necessary to effect the Refinance, the Securitization Documents have not been amended, terminated or rescinded in any material respect, and remain in full force and effect; (b) the Grantor Trust Trustee is the holder of the Securitized Notes and Securitized Mortgages; (c) T-Two is the sole and direct beneficial owner of the Grantor Trust, the Grantor Trust T-2 Certificate and the Grantor Trust T-1 Certificate, free and clear of any Liens other than pursuant to the Call Option Agreement; (d) to the best of T-Two's Knowledge, none of the current payors is in default under any Securitized Note or Securitized Mortgage and T-Two does not know of any event which, but for the passage of time or the giving of notice, or both, would constitute a default under any of such Securitized Note or Securitized Mortgage; and (e) Schedule 6.2.15 accurately details the current mortgagor (and proportionate direct and/or indirect ownership interest of NMLP therein), property location, current principal amount, current Discounted Payment Option Amount (as applicable), term, and interest rate applicable to all Securitized Notes (the foregoing schedule, as updated from time to time as provided herein, the "Securitized Note Schedule").
Securitization Documents. 20 5.8 ERISA................................................................20 5.9
Securitization Documents. On each Distribution Date, the amounts on deposit in the Reserve Fund shall be available for distribution as provided in Section 3.03 and, on each Distribution Date, if the amount on deposit in the Reserve Fund (after giving effect to all deposits thereto or withdrawals therefrom on such Distribution Date) is greater than the Reserve Fund Requirement and Excess Interest Collections are not required to be deposited into the Reserve Fund pursuant to Section 3.03(d), the 1999-A Indenture Trustee will distribute any remaining amounts to HTC LP and HTD LP based upon their respective percentage ownership of the Retained 1999-A SUBI Interest. Upon such distribution to HTC LP and HTD LP, neither the Noteholders nor the Certificateholders will have any further rights in or claims to such amounts.