Cap Agreement. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust the Cap Agreement and authorizes the Trustee to perform its obligations thereunder on behalf of the Trust in accordance with the terms of the Cap Agreement.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-6, Asset-Backed Certs., Series 2004-6), Pooling and Servicing Agreement (Long Beach Loan 2003-2), Pooling and Servicing Agreement (Long Beach Securities Corp Asset Back Certs Ser 2003-3)
Cap Agreement. (a) The Depositor Trustee is hereby directs directed to execute, deliver and perform its obligations under the Trustee to execute Cap Agreement on the Closing Date and deliver thereafter on behalf of the Trust Holders of the Certificates. The Seller, the Servicer, the Depositor and the Certificateholders by acceptance of their Certificates acknowledge and agree that the Trustee shall execute, deliver and perform its obligations under the Cap Agreement and authorizes the shall do so solely in its capacity as Trustee to perform its obligations thereunder on behalf of the Trust Fund and not in accordance with the terms of the Cap Agreementits individual capacity.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (Lares Asset Securitization, Inc.)
Cap Agreement. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust the Cap Agreement Assignment and authorizes the Trustee to perform its obligations thereunder and under the Cap Agreement on behalf of the Trust in accordance with the terms of the Cap Assignment and the Cap Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp Certs Series 2003-4)
Cap Agreement. (a) The Depositor hereby directs the Trustee to execute and deliver on behalf of the Trust the Cap Agreement and authorizes the Trustee to perform its obligations thereunder and under the Cap Agreement on behalf of the Trust in accordance with the terms of the Cap AgreementAssignment.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-A)
