Examples of Participation and Servicing Agreement in a sentence
Notwithstanding anything to the contrary contained in this Agreement, except for the security interest granted to Participant pursuant to the Participation and Servicing Agreement, the Company shall not encumber or permit any Lien to be placed on the Loans or the proceeds therefrom.
The Company hereby is authorized to establish and maintain or cause to be established and maintained a Liquidity Reserve Account and a Litigation Reserve Account in accordance with the Participation and Servicing Agreement and, in the event the Company elects to establish such accounts, the funds deposited therein shall be disbursed and used solely as provided in the Participation and Servicing Agreement.
The Company shall, and hereby is authorized to, establish and maintain or cause to be established and maintained the LIP Account in accordance with the Participation and Servicing Agreement, and the funds deposited therein shall be disbursed and used solely as provided therein.
The Company shall, and hereby is authorized to, establish and maintain or cause to be established and maintained the Collection Account in accordance with the Participation and Servicing Agreement, and the funds deposited therein shall be disbursed and used solely as provided therein.
This Transfer Supplement is being executed and delivered in accordance with Section 12.02 of that certain Participation and Servicing Agreement, dated as of December 29, 2008, between the Federal Deposit Insurance Corporation as Receiver for First National Bank of Nevada as Participant and FNBN I, LLC, as the Company (collectively, the “Parties”) (as the same may be amended, modified or supplemented from time to time, collectively the “Participation Agreement”).
The Company shall, and hereby is authorized to, cause to be established and maintained the Collection Account in accordance with the Participation and Servicing Agreement, and the funds deposited therein shall be disbursed and used solely as provided therein.
The Company hereby is authorized to cause to be established and maintained a Liquidity Reserve Account and a Litigation Reserve Account in accordance with the Participation and Servicing Agreement and, in the event the Company elects to establish such accounts, the funds deposited therein shall be disbursed and used solely as provided in the Participation and Servicing Agreement.
SCHEDULE I TO TRANSFER SUPPLEMENT COMPLETION OF INFORMATION AND SIGNATURES FOR TRANSFER SUPPLEMENT Re: Participation and Servicing Agreement, dated December 29, 2008 between the Federal Deposit Insurance Corporation as Receiver for First National Bank of Nevada and FNBI I, LLC, a (as the same may be amended, modified or supplemented from time to time, the “Participation Agreement”).
SCHEDULE I TO TRANSFER SUPPLEMENT COMPLETION OF INFORMATION AND SIGNATURES FOR TRANSFER SUPPLEMENT Re: Participation and Servicing Agreement, dated February 5, 2009 between the Federal Deposit Insurance Corporation as Receiver for First National Bank of Nevada and FNBN-RESCON I LLC, a Delaware limited liability company (as the same may be amended, modified or supplemented from time to time, the “Participation Agreement”).
This Transfer Supplement is being executed and delivered in accordance with Section 12.02 of that certain Participation and Servicing Agreement, dated as of February 20, 2009, between the Federal Deposit Insurance Corporation as Receiver for First National Bank of Nevada as Participant and FNBN-CMLCON I LLC, as the Company (collectively, the “Parties”) (as the same may be amended, modified or supplemented from time to time, collectively the “Participation Agreement”).