Common use of Acts in Furtherance of REMIC Conversion Clause in Contracts

Acts in Furtherance of REMIC Conversion. Each of the parties acknowledges and agrees that the purpose of this Article XI is to facilitate any REMIC Conversion upon the occurrence of a TMP Trigger Event. Therefore, each of the parties hereto agree that it shall comply with all reasonable requests made by any of the other parties and the Single Owner that provides notice of a TMP Trigger Event to cause such REMIC Conversion. This Agreement may be amended or supplemented to provide for any act necessary to cause such REMIC Conversion as agreed upon by the parties hereto in accordance with Article X.

Acts in Furtherance of REMIC Conversion. Each of the parties acknowledges and agrees that the purpose of this Article XI is to facilitate any REMIC Conversion upon the occurrence of a TMP Trigger Event. Therefore, each of the parties hereto agree that it shall comply with all reasonable requests made by any of the other parties hereto and the Single Owner that provides notice of a TMP Trigger Event to cause such REMIC Conversion. This Agreement Indenture may be amended or supplemented to provide for any act necessary to cause such REMIC Conversion as agreed upon by the parties hereto in accordance with Article X.IX.