Common use of Certificate Insurer Rights Clause in Contracts

Certificate Insurer Rights. The Certificate Insurer shall be an express third party beneficiary of this Custodial Agreement for the purpose of enforcing the provisions hereof to the extent of the Certificate Insurer's or any Class II-A Certificateholder's rights explicitly specified herein as if a party hereto.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2004-He9), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2004-Fr3), Pooling and Servicing Agreement (Bear Stearns Asst Asset Backed Certs Ser 2003 He1)

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Certificate Insurer Rights. The Certificate Insurer shall be an express third party beneficiary of this the Custodial Agreement for the purpose of enforcing the provisions hereof to the extent of the Certificate Insurer's ’s or any Class II-A A-2 Certificateholder's ’s rights explicitly specified herein as if a party hereto.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He9), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He9)

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Certificate Insurer Rights. The Certificate Insurer shall be an express third party beneficiary of this Custodial Agreement for the purpose of enforcing the provisions hereof to the extent of the Certificate Insurer's or any Class IIIII-A Certificateholder's rights explicitly specified herein as if a party hereto.

Appears in 1 contract

Samples: Custodial Agreement (Asset-Backed Certificates Series 2004-He1)

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