Common use of Agent for Party B Clause in Contracts

Agent for Party B. Party A acknowledges that Party B has appointed the Securities Administrator as its agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Securities Administrator shall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Asap6), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Nc3)

AutoNDA by SimpleDocs

Agent for Party B. Party A acknowledges that Party B has appointed the Securities Administrator has been appointed as its agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Securities Administrator shall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-1), Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2007-2)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.