Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).
Appears in 14 contracts
Samples: Master Agreement, Master Agreement (Nissan Auto Receivables Corp Ii), Master Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to the Secured Party’s rights under Paragraph 8 ; therefore, Party B will not have any of the Credit Support Annex, Secured Party will not take any action rights specified in such Section 6(cParagraph 6(c)(i) or 6 (c)(ii).
Appears in 11 contracts
Samples: www.sec.gov, Pooling and Servicing Agreement (HarborView 2006-11), Pooling and Servicing Agreement (HarborView 2006-11)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to the Secured Party’s rights under Paragraph 8 ; therefore, Party B will not have any of the Credit Support Annex, Secured Party will not take any action rights specified in such Section 6(cParagraph 6(c)(i) or 6 (c)(ii).
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Dsla 2007-Ar1), Pooling and Servicing Agreement (Dsla 2007-Ar1), Master Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-A)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not have any right to use the Posted Collateral or take any action specified in such Section Paragraph 6(c).
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar4), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1), Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2007-Bc2)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 B. Therefore, Party B will not have any of the Credit Support Annex, Secured Party will not take any action rights specified in such Section 6(cParagraph 6(c)(i) or 6(c)(ii), provided, however, that Party B or its Custodian shall have the right to register any Posted Collateral that constitutes a book entry security in the name of its custodian.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Wfhe2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Amc2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Amc2)
Use of Posted Collateral. The provisions of Paragraph 6(c) of the Credit Support Annex will not apply to Secured Party and without prejudice to Secured Party’s 's rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).
Appears in 2 contracts
Samples: Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-A), Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-A)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to the Secured Party’s rights under Paragraph 8 ; therefore, Party B will not have any of the Credit Support Annex, Secured Party will not take any action rights specified in such Section 6(c)Paragraph 6(c)(i) or 6 (c)(ii) ; provided, however, that Party B's Custodian shall have the right to register any posted collateral that constitutes a Book-Entry Security in its name.
Appears in 2 contracts
Samples: Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2, Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar3
Use of Posted Collateral. The provisions of Paragraph 6(c) of the Credit Support Annex will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).
Appears in 2 contracts
Samples: Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D), Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not have any right to use the Posted Collateral or take any action specified in such Section Paragraph 6(c); provided, however, that if Posted Collateral in book-entry form is delivered, the Secured Party or its Custodian shall have the rights specified in paragraph 6(c)(ii).
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4), Grantor Trust Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s 's rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).
Appears in 2 contracts
Samples: Master Agreement (RAAC Series 2006-Sp4 Trust), Isda Master Agreement (Vw Credit Leasing LTD)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to a Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).
Appears in 1 contract
Samples: Assignment and Recognition Agreement (Natixis Real Estate Capital Trust 2007-He2)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not have any right to use the Posted Collateral or take any action specified in such Section Paragraph 6(c).; provided, however, that if Posted Collateral in book-entry form is delivered, the Secured Party or its Custodian shall have the rights specified in Paragraph 6(c)(ii)
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar3)
