Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Party B or its Custodian; provided, however, that if Party A delivers Posted Collateral in book-entry form, then Paragraph 6(c)(ii) will apply to Party B and its Custodian, and Party B and its Custodian shall have the rights specified in Paragraph 6(c)(ii).
Appears in 15 contracts
Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Sl2), Pooling and Servicing Agreement (MortgageIT Securities Corp. Mortgage Loan Trust, Series 2007-2), Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3)
Use of Posted Collateral. The provisions of Paragraph paragraph 6(c) will not apply to Party B or its Custodian; provided, however, that if Party A delivers Posted Collateral in book-entry form, then Paragraph 6(c)(ii) will apply to Party B and its Custodian, and . Party B's Custodian will permit Party B and its Custodian shall have to secure Party B's obligations under the Relevant Notes by granting to the Security Trustee the charge under the Security Trust Deed over Party B's rights specified in relation to the Posted Collateral, but subject to Paragraph 6(c)(ii)13(m)(vi) of this Annex.
Appears in 7 contracts
Samples: Master Agreement (Securitisation Advisory Services Pty LTD), Master Agreement (Securitisation Advisory Services Pty LTD), Master Agreement (Medallion Trust Series 2007-1g)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to the Secured Party; therefore, Party B or its Custodian; provided, however, that if Party A delivers Posted Collateral in book-entry form, then Paragraph 6(c)(ii) will apply to Party B and its Custodian, and Party B and its Custodian shall not have any of the rights specified in Paragraph 6(c)(i) or 6 (c)(ii) except that Party B may register any Posted Collateral in the name of the Custodian or its nominee under Paragraph 6(c)(ii).
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa4 /DE), Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa3 /DE, Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2007-He3)
Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Party B or its CustodianB; provided, however, that if Party A delivers Posted Collateral in book-entry form, then Paragraph 6(c)(ii) will apply to Party B and its Custodian, and Party B and its Custodian shall have the rights specified in Paragraph 6(c)(ii).
Appears in 2 contracts
Samples: Isda 1992 Master Agreement (Harley-Davidson Motorcycle Trust 2008-1), Master Agreement (ABFC 2007-Wmc1 Trust)
