Common use of Additional Interests Clause in Contracts

Additional Interests. If a Seller shall, as a result of ownership of the Purchased Assets, become entitled to receive or shall receive any certificate evidencing any Purchased Assets or other equity interest, any option rights, or any equity interest in the Purchased Certificates, whether in addition to, in substitution for, as a conversion of, or in exchange for the Purchased Assets, or otherwise in respect thereof, such Seller shall accept the same as the Buyer’s agent, hold the same in trust for the Buyer and deliver the same forthwith to the Buyer in the exact form received, duly indorsed by such Seller to the Buyer, if required, together with an undated transfer power, if required, covering such certificate duly executed in blank, or if requested, deliver the Purchased Assets re-registered in the name of Buyer, to be held by the Buyer subject to the terms hereof as additional security for the Obligations. Any sums paid upon or in respect of the Purchased Certificates upon the liquidation or dissolution of a Seller Subsidiary Party, or otherwise shall be paid over to the Buyer as additional security for the Obligations. If following the occurrence and during the continuation of an Event of Default, any sums of money or property so paid or distributed in respect of the Purchased Assets shall be received by a Seller, such Seller shall, until such money or property is paid or delivered to the Buyer, hold such money or property in trust for the Buyer segregated from other funds of Seller as additional security for the Obligations.

Additional Interests. If a Seller shall, as a result of ownership of the Purchased AssetsREO Subsidiary Interests, become entitled to receive or shall receive any certificate evidencing any Purchased Assets such REO Subsidiary Interests or other equity interest, any option rights, or any equity interest in the Purchased Certificates, REO Subsidiary Interests whether in addition to, in substitution for, as a conversion of, or in exchange for the Purchased AssetsREO Subsidiary Interests, or otherwise in respect thereof, such Seller shall accept the same as on behalf of the Buyer’s agentAgent, hold the same in trust for Agent for the Buyer benefit of Buyers and deliver the same forthwith to the Buyer Agent in the exact form received, duly indorsed by such Seller to the BuyerAgent, if required, together with an undated transfer power, if required, covering such certificate duly executed in blank, or or, if requested, deliver the Purchased Assets REO Subsidiary Interests re-registered in the name of BuyerAgent, to be held by the Buyer Agent subject to the terms hereof as additional security for the Obligations. Any sums paid upon or in respect of the Purchased Certificates REO Subsidiary Interests upon the liquidation or dissolution of a Seller the REO Subsidiary Party, or otherwise shall be paid over to the Buyer Agent as additional security for the Obligations. If following the occurrence and during the continuation of an Event of Default, Default any sums of money or property so paid or distributed in with respect of to the Purchased Assets REO Subsidiary Interests shall be received by a Seller, such Seller shall, until such money or property is paid or delivered to the BuyerAgent, hold such money or property in trust for the Buyer Agent for the benefit of Buyers segregated from other funds of Seller as additional security for the Obligations.

Additional Interests. If a Seller shallIf, as a result of ownership of the Purchased AssetsAsset, any Seller Party shall become entitled to receive or shall receive any certificate evidencing any such Purchased Assets Asset or other equity interest, any option rights, or any equity interest in the Purchased Certificates, Trust Subsidiary whether in addition to, in substitution for, as a conversion of, or in exchange for the such Purchased Assets, Asset or otherwise in respect thereof, such Seller Party shall accept the same as the Buyer’s agent, hold the same in trust for the Buyer and deliver the same forthwith to the Buyer in the exact form received, duly indorsed by such Seller to the Buyer, if required, together with an undated transfer power, if required, covering such certificate duly executed in blank, or if requested, deliver the Purchased Assets re-registered in the name of the Buyer, to be held by the Buyer subject to the terms hereof as additional security for the Obligations. Any sums paid upon or in respect of the Purchased Certificates Asset upon the liquidation or dissolution of a Seller the Trust Subsidiary Party, or otherwise shall be paid over to the Buyer as additional security for the Obligations. If following the occurrence and during the continuation of an Event of Default, Default any sums of money or property so paid or distributed in respect of the such Purchased Assets Asset shall be received by a Sellerany Seller Party, such Seller Party shall, until such money or property is paid or delivered to the Buyer, hold such money or property in trust for the Buyer segregated from other funds of such Seller Party as additional security for the Obligations.

Additional Interests. If a Seller shall, as a result of its ownership of the Purchased AssetsTrust Interests, become entitled to receive or shall receive any certificate evidencing any Purchased Assets Trust Interest, Stock Interest, or other equity interestEquity Ownership Interest, any option rights, or any equity interest Equity Ownership Interest in the Purchased CertificatesTrust Subsidiary or TRS Facility Entity, as applicable, whether in addition to, in substitution for, as a conversion of, or in exchange for the Purchased AssetsTrust Interests, or otherwise in respect thereof, such Seller shall accept the same as the Buyer’s agent, hold the same in trust for the Buyer and deliver the same forthwith to the Buyer in the exact form received, duly indorsed by such Seller to the Buyer, if required, together with an undated transfer power, if required, covering such certificate duly executed in blank, or if requested, deliver the Purchased Assets Trust Interests re-registered in the name of Buyer, to be held by the Buyer subject to the terms hereof as additional security for the Obligations. Any sums paid upon or in respect of the Purchased Certificates Trust Interests upon the liquidation or dissolution of the Trust Subsidiary or a Seller Subsidiary Party, TRS Facility Entity or otherwise shall be paid over to the Buyer as additional security for the Obligations. If following the occurrence and during the continuation of an Event of Default, Default any sums of money or property so paid or distributed in respect of the Purchased Assets Trust Interests shall be received by a Seller, such then Seller shall, until such money or property is paid or delivered to the Buyer, hold such money or property in trust for the Buyer segregated from other funds of Seller Seller, as additional security for the Obligations.

Additional Interests. If a Seller shall, as a result of ownership of the Purchased AssetsCertificate, become entitled to receive or shall receive any certificate evidencing any Purchased Assets or other equity interest, any option rights, or any equity interest in the Purchased CertificatesCertificate, whether in addition to, in substitution for, as a conversion of, or in exchange for the Purchased AssetsCertificate, or otherwise in respect thereof, such Seller shall accept the same as the Buyer’s agent, hold the same in trust for the Buyer and deliver the same forthwith to the Buyer in the exact form received, duly indorsed by such Seller to the Buyer, if required, together with an undated transfer power, if required, covering such certificate duly executed in blank, or or, if requested, deliver the Purchased Assets Certificate re-registered in the name of Buyer, to be held by the Buyer subject to the terms hereof as additional security for the Obligations. Any sums paid upon or in respect of the Purchased Certificates Pass-Through Trust Interests upon the liquidation or dissolution of a Seller Subsidiary Party, the Pass-Through Trust or otherwise shall be paid over to the Buyer as additional security for the Obligations. If following the occurrence and during the continuation of an Event of Default, any sums of money or property so paid or distributed in respect of the Purchased Assets Pass-Through Trust Interests shall be received by a Seller, such Seller shall, until such money or property is paid or delivered to the Buyer, hold such money or property in trust for the Buyer segregated from other funds of Seller as additional security for the Obligations.

Additional Interests. If a Seller shall, as a result of ownership of the Purchased AssetsTrust Subsidiary Interests, become entitled to receive or shall receive any certificate evidencing any Purchased Assets Trust Subsidiary Interests or other equity interest, any option rights, or any equity interest in the Purchased CertificatesTrust Subsidiary Interests, whether in addition to, in substitution for, as a conversion of, or in exchange for the Purchased AssetsTrust Subsidiary Interests, or otherwise in respect thereof, such Seller shall accept the same as the Buyer’s agent, hold the same in trust for the Buyer and deliver the same forthwith to the Buyer in the exact form received, duly indorsed by such Seller to the Buyer, if required, together with an undated transfer power, if required, covering such certificate duly executed in blank, or if requested, deliver the Purchased Assets re-Trust Subsidiary Interests registered in the name of BuyerBuyer in accordance with the Trust Agreement, to be held by the Buyer subject to the terms hereof as additional security for the Obligations. Any sums paid upon or in respect of the Purchased Certificates Trust Subsidiary Interests upon the liquidation or dissolution of a Seller Subsidiary Partythe Trust Subsidiary, or otherwise shall be paid over to the Buyer as additional security for the Obligations. If following the occurrence and during the continuation of an Event of Default, any sums of money or property so paid or distributed in respect of the Purchased Assets Trust Subsidiary Interests shall be received by a Seller, such Seller shall, until such money or property is paid or delivered to the Buyer, hold such money or property in trust for the Buyer segregated from other funds of Seller as additional security for the Obligations.