Common use of Auction Process Clause in Contracts

Auction Process. (a) ______________________, in its role as Advisor to the Trustee, will be allowed to bid in the Auction, but will not be required to do so.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Cit Group Securitization Corp Ii), Pooling and Servicing Agreement (Cit Home Equity Loan Trust 1997-1), Pooling and Servicing Agreement (Cit Group Securitization Corp Ii)

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Auction Process. (a) _______________________, in its role as Advisor to the applicable Trustee, will be allowed to bid in the Auction, but will not be required to do so.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Oxford Resources Corp), Execution Copy (Oxford Resources Corp)

Auction Process. (a) _______________________, in its role as Advisor to the Trustee, 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 (Barnett Auto Receivables Corp)

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Auction Process. (a) ______________________--------------------, in its role as Advisor to the applicable Trustee, will be allowed to bid in the Auction, but will not be required to do so.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Barnett Auto Receivables Corp)

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