Common use of Agreement as to Single Secured Party and Pledgor Clause in Contracts

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of this Annex, Paragraph 1(b) or Paragraph 2 of the definitions in Paragraph 12, (a) the term “Secured Party” as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and (d) only Party A will be required to post Eligible Credit Support hereunder. Party A also agrees that it shall pay all costs of transferring Eligible Credit Support required to be delivered by Party A hereunder.

Appears in 11 contracts

Samples: Isda Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4), Isda Master Agreement (Sasco 2007-Eq1), Isda Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

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Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of to this Annex, Paragraph 1(b) or Paragraph 2 of or the definitions in of Paragraph 12, (a) the term “Secured Party” as used in this Annex means shall mean only Party B, (b) the term “Pledgor” as used in this Annex means shall mean only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph paragraph 9 and (d) only Party A will be required to post make Transfers of Eligible Credit Support hereunder. Party A also agrees that it shall pay all costs of transferring Eligible Credit Support required to be delivered by Party A hereunder.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Nc5), Credit Support Annex (Daimlerchrysler Auto Trust 2008-B), 1992 Isda Master Agreement (Sast 2007-2)

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of this to the Credit Support Annex, Paragraph 1(b) or Paragraph 2 of the definitions in Paragraph 12, (a) the term “Secured Party” as used in the Credit Support Annex (including this Annex Paragraph 13) means only Party B, (b) the term “Pledgoras used in the Credit Support Annex (including this Annex Paragraph 13) means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and 9, (d) only Party A will be required to post make Transfers of Eligible Credit Support hereunder. Party A also agrees that it shall pay all costs of transferring Eligible under the Credit Support required to be delivered by Party A hereunder.Annex and

Appears in 3 contracts

Samples: Confirmation Letter, Fixed Price Customer Supply Contract, Fixed Price Customer Supply Contract

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of to this Annex, Paragraph 1(b) or ), Paragraph 2 of or the definitions in Paragraph 12, (a) the term "Secured Party" as used in this Annex means only Party B, (b) the term "Pledgor" as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and (d) only Party A will be required to post make Transfers of Eligible Credit Support hereunder. Party A also agrees that it shall pay all costs of transferring Eligible Credit Support required to be delivered by Party A hereunder.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-6), Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-5)

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of to this Annex, Paragraph 1(b) or Paragraph 2 of or the definitions in Paragraph 12, (a) the term “Secured Party” as used in this Annex means only Party BA, (b) the term “Pledgor” as used in this Annex means only Party AB, (c) only Party A B makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and (d) only Party A B will be required to post make transfers of Eligible Credit Support hereunder. Party A also agrees that it shall pay all costs of transferring Eligible Credit Support required to be delivered by Party A hereunder.

Appears in 2 contracts

Samples: Credit Support Annex (Accredited Home Lenders Holding Co), Credit Support Annex (Accredited Home Lenders Holding Co)

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of this Annex, Paragraph 1(b) or Paragraph 2 of the definitions in Paragraph 12, (a) the term “Secured Party” as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and Xxxxxxxxx 0, (dx) only Party A will shall be required to post Eligible Credit Support hereunder. hereunder and (e) the Events of Default set forth in Paragraph 7(i) will not apply to Party B. Party A also agrees that it shall pay all costs of transferring Eligible Credit Support required to be delivered by Party A hereunder.

Appears in 2 contracts

Samples: Isda Master Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Isda Master Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of to this Annex, Paragraph 1(b) or Paragraph 2 of or the definitions in Paragraph 12, (a) the term "Secured Party" as used in this Annex means only Party A, (b) the term "Pledgor" as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A B makes the pledge and grant in Paragraph 2, the acknowledgment acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 9, and (d) only Party A B will be required to post provide Eligible Credit Support hereunder. Party A also agrees that it shall pay all costs of transferring Eligible Credit Support required to be delivered by Party A hereunder.

Appears in 1 contract

Samples: Isda Master Agreement (Campbell Strategic Allocation Fund Lp)

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Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of this Annex, Paragraph 1(b) or Paragraph 2 of the definitions in Paragraph 12, (a) the term “Secured Party” as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and Xxxxxxxxx 0, (dx) only Party A will be required to post make Transfers of Eligible Credit Support hereunder. hereunder and (e) Paragraph 7 shall apply to Party A also agrees that it only and shall pay all costs of transferring Eligible Credit Support required not apply to be delivered by Party A hereunder.B.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Trust 2006-R1, Asset-Backed Pass-Through Certificates, Series 2006-R1)

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of to this Annex, Paragraph 1(b) or Paragraph 2 of or the definitions in Paragraph 12, (a) the term “Secured Party” as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and 9, (d) only Party A will be required to post make Transfers of Eligible Credit Support hereunder. hereunder and (e) Paragraph 7 shall apply to Party A also agrees that it only and shall pay all costs of transferring Eligible Credit Support required not apply to be delivered by Party A hereunder.B.

Appears in 1 contract

Samples: Transaction Confirmation (Txu Corp /Tx/)

Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital of this Annex, Paragraph 1(b) or Paragraph 2 of the definitions in Paragraph 12, (a) the term “Secured Party” as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9 and (d) only Party A will shall be required to post Eligible Credit Support hereunder. Party A also agrees that it shall pay all reasonable costs of transferring Eligible Credit Support required to be delivered by Party A to Party B hereunder.

Appears in 1 contract

Samples: Credit Support Annex (Carrington Mortgage Loan Trust, Series 2006-Nc5)

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