Common use of Auction Process Clause in Contracts

Auction Process. (a) The Advisor, any underwriter, or any Certificate Owner will be allowed to bid in the Auction, but will not be required to do so.

Appears in 17 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp), Pooling and Servicing Agreement (Greenpoint Credit Corp), Pooling and Servicing Agreement (Bank of America FSB/Ca)

AutoNDA by SimpleDocs

Auction Process. (a) The Advisor, any underwriter, the Certificate Insurer or any Certificate Owner will be allowed to bid in the Auction, but will not be required to do so.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Block Mortgage Finance Asset Backed Certificates Ser 1997-2), Pooling and Servicing Agreement (Block Mortgage Finance Inc Asset Backed Cert Series 1998 2), Pooling and Servicing Agreement (Block Mortgage Finance Inc Asset Backed Cert Series 1999 2)

AutoNDA by SimpleDocs

Auction Process. (a) The Advisor, any underwriter, or any Certificate Owner will be allowed to bid in the Auction, but will not be required to do so.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Block Mortgage Finance Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!