Common use of Agreement as to Investment Property; Voting Clause in Contracts

Agreement as to Investment Property; Voting. (a) All certificates or Instruments, if any, representing or evidencing any Primary Collateral, including any Pledged Property, shall be delivered to and held by or on behalf of (and, in the case of the Pledged Notes, endorsed to the order of) the Collateral Control Agent pursuant hereto, shall be in suitable form for transfer by delivery, and shall be accompanied by all necessary endorsements or instruments of transfer or assignment, duly executed in blank; provided that notes evidencing individual residential mortgage loans included in Primary Collateral need not be so delivered before September 15, 2008; and provided further that notes evidencing individual residential mortgage loans that are not included in Primary Collateral need not be so delivered.

Appears in 4 contracts

Samples: Second Priority Pledge and Security Agreement and Irrevocable Proxy (Residential Capital, LLC), First Priority Pledge and Security Agreement and Irrevocable Proxy (Residential Capital, LLC), First Priority Pledge and Security Agreement and Irrevocable Proxy

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