Common use of Substitutions Clause in Contracts

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the “Substitute Credit Support”); and

Appears in 60 contracts

Samples: Master Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5), Administration Agreement (Assured Guaranty LTD), Master Agreement (Corporate Capital Trust, Inc.)

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Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 35 contracts

Samples: Long Term Power Purchase Agreement, Master Agreement (BNC Mortgage Loan Trust 2007-1), Master Agreement (BNC Mortgage Loan Trust 2007-1)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Second Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the “Substitute Credit Support”); and

Appears in 7 contracts

Samples: Master Agreement (Murphy Wendell H), Master Agreement (NovaStar Certificates Financing CORP), Master Agreement (Frontier Fund)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Second Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 4 contracts

Samples: Master Agreement (Yuen Henry C), Master Agreement (Murphy Wendell H), Master Agreement (Imc Global Inc)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying Pattx xxxcifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 3 contracts

Samples: Master Agreement (Campbell Strategic Allocation Fund Lp), Master Agreement (Campbell Alternative Asset Trust), Master Agreement (Campbell Strategic Allocation Fund Lp)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the “Substitute Credit Support”"SUBSTITUTE CREDIT SUPPORT"); and

Appears in 1 contract

Samples: Master Agreement (Newpower Holdings Inc)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 1 contract

Samples: Master Agreement (Granite Construction Inc)

Substitutions. (i) Unless otherwise specified in Paragraph 13, . upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 1 contract

Samples: Master Agreement (Lillian Vernon Corp)

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Substitutions. (iA) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the “Substitute Credit Support”); and

Appears in 1 contract

Samples: Master Agreement (HarborView 2007-7)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support”); andSupport"),and

Appears in 1 contract

Samples: Master Agreement (Amnor Books, Inc)

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 1 contract

Samples: American Skiing Co /Me

Substitutions. (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted Credit Support to be exchanged, the Pledgor may, on any Local Business Day, 34 Transfer to the Secured Party substitute Eligible Credit Support (the "Substitute Credit Support"); and

Appears in 1 contract

Samples: Master Agreement (Campbell Alternative Asset Trust)

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