Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in this Annex, (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 make Transfers of Eligible Collateral hereunder.
Appears in 2 contracts
Samples: Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He1), Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He2)
Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital to this Annex, Paragraph 1(b) or Paragraph 2 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 make Transfers of Eligible Collateral Credit Support hereunder.
Appears in 2 contracts
Samples: Master Agreement (NewStar Financial, Inc.), Master Agreement (FS Investment Corp III)
Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in the recital to this Annex, Paragraph 1(b) or Paragraph 2 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 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 make Transfers of Eligible Collateral Credit Support hereunder.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in this Annex, (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 make Transfers of Eligible Collateral Credit Support hereunder.
Appears in 2 contracts
Samples: Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He5), Master Agreement (Long Beach Mortgage Loan Trust 2006-11)
Agreement as to Single Secured Party and Pledgor. Party A and Party B agree that, notwithstanding anything to the contrary in this Annex, (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 make Transfers of Eligible Collateral hereunder.Credit Support hereunder and (e) Paragraph 7 shall apply to Party A only and shall not apply to Party B.
Appears in 1 contract
