Common use of Agent for Counterparty Clause in Contracts

Agent for Counterparty. Bear Xxxxxxx acknowledges that Counterparty has appointed the Trustee under Pooling and Servicing Agreement to carry out certain functions on behalf of Counterparty, and that Trustee shall be entitled to give notices and to perform and satisfy the obligations of Counterparty hereunder on behalf of Counterparty.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar3)

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Agent for Counterparty. Bear Xxxxxxx acknowledges that Counterparty has appointed the Trustee as its agent under Pooling and Servicing Agreement to carry out certain functions on behalf of Counterparty, and that the Trustee shall be entitled to give notices and to perform and satisfy the obligations of Counterparty hereunder on behalf of Counterparty.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4), Grantor Trust Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4)

Agent for Counterparty. Bear Xxxxxxx acknowledges that Counterparty has appointed the Trustee as its agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Counterparty, and that the Trustee shall be entitled to give notices and to perform and satisfy the obligations of Counterparty hereunder on behalf of Counterparty.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-2), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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Agent for Counterparty. Bear Xxxxxxx acknowledges that Counterparty has appointed the Trustee as its agent under Pooling and Servicing Agreement Agreement/Indenture to carry out certain functions on behalf of Counterparty, and that the Trustee shall be entitled to give notices and to perform and satisfy the obligations of Counterparty hereunder on behalf of Counterparty.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2007-Bc2)

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