Common use of Additional Purchases of Class B Certificates Clause in Contracts

Additional Purchases of Class B Certificates. The parties acknowledge that from time to time, the Class B Holder may purchase additional Class B Certificates for which the Class B Holder has the beneficial ownership interest in the most subordinate class of securities of the related Series (without regard to whether the Class B Holder has transferred record title to such Class B Certificate pursuant to a repurchase agreement or other financing arrangement) ("Additional Purchased Securities"). With respect to such Additional Purchased Securities, upon the request of the Class B Holder and the occurrence of any of the following events:

Appears in 6 contracts

Samples: Special Sub Servicing Agreement (Alternative Loan Trust 2007-2cb), Special Sub Servicing Agreement (Alternative Loan Trust 2006-33cb), Special Sub Servicing Agreement (Alternative Loan Trust 2006-27cb)

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