CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL Sample Clauses

CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL. Section 2.01. SERIES 1993-A CREDIT ENHANCEMENT FEE. The Series 1993-A Pooling and Servicing Agreement provides for the payment to the Seller of a Series 1993-A Credit Enhancement Fee, to be paid to the Seller by distribution of such amounts to the Collateral Agent for deposit and distribution pursuant to this Agreement. The Seller and OFL hereby agree that payment of the Series 1993-A Credit Enhancement Fee in the manner and subject to the conditions set forth herein and in the Series 1993-A Pooling and Servicing Agreement is adequate consideration and the exclusive consideration to be received by the Seller or OFL for the obligations of the Seller pursuant hereto and the obligations of OFL pursuant hereto (including, without limitation, the transfer by the Seller to the Collateral Agent of the Initial Spread Account Deposit) and pursuant to the Series 1993-A Insurance Agreement. The Seller and OFL hereby agree with the Trustee and with Financial Security that payment of the Series 1993-A Credit Enhancement Fee to the Seller is expressly conditioned on subordination of the Series 1993-A Credit Enhancement Fee to payments on the Certificates of any Series, payments on the Notes of any Series, payments of amounts due to Financial Security and the other obligations of the Trusts, in each case to the extent provided in Section 4.6 of the Standard Terms and Conditions and Section 3.03 hereof; and the Security Interest of the Secured Parties in the Series 1993-A Collateral is intended to effect and enforce such subordination and to provide security for the Series 1993-A Secured Obligations and the Secured Obligations with respect to each other Series.
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CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL. Section 2.01. Series 1993-A Credit Enhancement Fee. . . . . . . . . . . . 12 Section 2.02. Series Supplements. . . . . . . . . . . . . . . . . . . . . 13 Section 2.03. Grant of Security Interest by OFL and the Seller . . . . . 13 Section 2.04. Priority. . . . . . . . . . . . . . . . . . . . . . . . . . 14 Section 2.05. Seller and OFL Remain Liable. . . . . . . . . . . . . . . . 14 Section 2.06. Maintenance of Collateral . . . . . . . . . . . . . . . . . 15 Section 2.07. Termination and Release of Rights . . . . . . . . . . . . . 15 Section 2.08. Non-Recourse Obligations of Seller. . . . . . . . . . . . . 16
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CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL. . . 5 Section 2.1 Series 1997-B Credit Enhancement Fee . . . . . . . . . . . 5 Section 2.2 Series Supplements . . . . . . . . . . . . . . . . . . . . 6 Section 2.3 Grant of Security Interest by Arcadia Financial and the Seller . . . . . . . . . . . . . . . . . . . . . . 6 ARTICLE III
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CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL. Section 2.1 Series 1996-C Credit Enhancement Fee . . . . . . . . . . 8 Section 2.2 Series Supplements . . . . . . . . . . . . . . . . . . . 9 Section 2.3 Grant of Security Interest by OFL and the Seller . . . . 9
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CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL 
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Related to CREDIT ENHANCEMENT FEE; SERIES SUPPLEMENTS; THE COLLATERAL

  • First USA Series Supplement The Amended and Restated Series 2002-CC Supplement, dated as of October 15, 2004, between the Bank, as Transferor and Servicer, and the FUSA Master Trust Trustee.

  • Credit Enhancement 55 SECTION 12.

  • Requirements of Series Supplement Such other funds, accounts, documents, certificates, agreements, instruments or opinions as may be required by the terms of the Series Supplement.

  • of the Series Supplement The REMIC Administrator and the Trustee shall not permit the creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC elected in respect of the Trust Fund other than the "regular interests" and "residual interests" so designated.

  • Investment Earnings and Supplemental Servicing Fees The Servicer shall be entitled to receive all Investment Earnings and Supplemental Servicing Fees when and as paid without any obligation to the Owner Trustee, the Indenture Trustee or the Depositor in respect thereof. The Servicer will have no obligation to deposit any such amount in any account established hereunder. To the extent that any such amount shall be held in any account held by the Indenture Trustee or the Owner Trustee, or otherwise established hereunder, such amount will be withdrawn therefrom and paid to the Servicer upon presentation of a certificate signed by a Responsible Officer of the Servicer setting forth, in reasonable detail, the amount of such Investment Earnings or Supplemental Servicing Fees.

  • Series Supplement The Series 2002-CC Supplement, dated as of May 1, 2002, between the Bank, as Transferor and Servicer, and the Master Trust Trustee.

  • Supplemental Credit Enhancement Event Upon the occurrence of a Supplemental Credit Enhancement Event, Greenwood as Servicer shall, within 60 days of notice from Standard & Poor's of the withdrawal or downgrade (or such longer period as may be agreed to by Standard & Poor's), arrange for the payment of the Supplemental Credit Enhancement Amount, if any, by a Person other than Greenwood (or from Series Excess Servicing) to the Trustee as administrator of the Credit Enhancement for application in accordance with the provisions of the Credit Enhancement Agreement. Both the form and the provider of the Supplemental Credit Enhancement Amount, if any, shall be determined at the time it is to be paid; provided, that the Master Servicer shall have received confirmation from Standard & Poor's that the arrangements with respect to the Supplemental Credit Enhancement Amount, if any, will not result in the rating of the Investor Certificates of the Series established hereby being withdrawn or lowered. In addition to the foregoing, the Master Servicer shall notify Moodx'x xx the occurrence of a Supplemental Credit Enhancement Event as soon as practicable after such occurrence, and shall notify Moodx'x xx advance of its implementation of the form and provider of the Supplemental Credit Enhancement Amount, if any.

  • of the Custodial Agreement The Trust hereby acknowledges and agrees to the terms of the Custodial Agreement.

  • Supplemental Agreements with Consent of Applicable Certificateholders Without limitation of Section 9.02 of the Basic Agreement, the provisions of Section 9.02 of the Basic Agreement shall apply to agreements or amendments for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Escrow Agreement, the Deposit Agreement, the Liquidity Facility or the NPA or modifying in any manner the rights and obligations of the Applicable Certificateholders under the Escrow Agreement, the Deposit Agreement, the Liquidity Facility or the NPA; provided that the provisions of Section 9.02(1) of the Basic Agreement shall be deemed to include reductions in any manner of, or delay in the timing of, any receipt by the Applicable Certificateholders of payments upon the Deposits.

  • Indenture Trustee Not Obligated Notwithstanding anything to the contrary herein, the Indenture Trustee is not obligated to enter into an amendment that adversely affects the Indenture Trustee’s rights, powers, duties, obligations, liabilities, indemnities or immunities under this Indenture.

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