Common use of Return of Collateral Clause in Contracts

Return of Collateral. Party B or its Custodian fails to transfer any Return Amount pursuant to the terms of the Credit Support Annex following any applicable notice, cure and grace periods provided for thereunder. For the purpose of the foregoing Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 10 contracts

Samples: Master Agreement (GSC Capital Corp. Mortgage Trust 2006-1), Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-Bc2), Pooling and Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-5)

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Return of Collateral. Party B or its Custodian fails to transfer any Return Amount pursuant to the terms of the Credit Support Annex following any applicable notice, cure and grace periods provided for thereunder. For the purpose of the foregoing Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 8 contracts

Samples: Master Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2), Master Agreement (BNC Mortgage Loan Trust 2007-1), Master Agreement (BNC Mortgage Loan Trust 2007-1)

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Return of Collateral. Party B or its Custodian fails to transfer any Return Amount pursuant to the terms of the Credit Support Annex following any applicable notice, cure and grace periods provided for thereunder. For the purpose of the foregoing Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 1 contract

Samples: Master Agreement (CWABS Asset-Backed Certificates Trust 2007-6)

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