Common use of Agent for Party B Clause in Contracts

Agent for Party B. Party A acknowledges that the Depositor has appointed the Trustee and Securities Administrator as agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Trustee and 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 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Sl2)

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Agent for Party B. Party A acknowledges that the Depositor has appointed the Trustee and Securities Administrator as agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Trustee and 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 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3)

Agent for Party B. Party A acknowledges that the Depositor has appointed the Cap Trustee and Securities Administrator as agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Cap Trustee and 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 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3)

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Agent for Party B. Party A acknowledges that the Depositor has appointed the Trustee and Securities Administrator as agent under the Pooling and Servicing Agreement to carry out certain functions on behalf of Party B, and that the Trustee and 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 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt5)

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