Common use of Conditions Precedent and Secured Party’s Rights and Remedies Clause in Contracts

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 46 contracts

Samples: HTM Novation Agreement, Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Sl1), Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ramp1)

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Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a "Specified Condition" for the party specified (that party being the Affected Party if of the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneNot Applicable.

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (Msac 2006-Nc1), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-Nc2), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Wmc1)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Specified Condition Party A: any A Party B Illegality [X] [X] Tax Event [X] [X] Tax Event Upon Merger [X] [X] Credit Event Upon Merger [X] [X] Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: Event(s): None None.

Appears in 25 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to and Party B: None.

Appears in 22 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Asap1), Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Ar9)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 16 contracts

Samples: Pooling and Servicing Agreement (Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-Wcw3), Pooling and Servicing Agreement (Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-W2), Pooling and Servicing Agreement (Impac Secured Assets Corp., Mortgage Pass-Through Certificates, Series 2005-2)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 14 contracts

Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Nc2), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-He1), Pooling and Servicing Agreement (EquiFirst Loan Securitization Trust 2007-1)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party Party being the Affected Party if of the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneNot Applicable.

Appears in 12 contracts

Samples: Disclosure Agreement, Master Agreement (SLM Student Loan Trust 2006-10), Disclosure Agreement (SLM Private Credit Student Loan Trust 2006-C)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 10 contracts

Samples: Master Agreement (CNH Capital Receivables LLC), Master Agreement (CNH Capital Receivables LLC), Master Agreement (CNH Capital Receivables LLC)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 7 contracts

Samples: Custodial Agreement (Gs Mortgage Securities Corp), Isda Master Agreement (Alternative Loan Trust 2006-Oc9), Exhibit 99 (Alternative Loan Trust 2006-Oa18)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if of the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneNot Applicable.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Nc5), 1992 Isda Master Agreement (Sast 2007-2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc1)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.Illegality [X] Tax Event [ ] Tax Event Upon Merger [ ] Credit Event Upon Merger [X]

Appears in 5 contracts

Samples: Long Term Power Purchase Agreement, Long Term Power Purchase Agreement, Master Agreement

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Specified Condition Party A: any A Party B Illegality [X] [X] Tax Event [X] [X] Tax Event Upon Merger [X] [X] Credit Event Upon Merger [X] [X] Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.Event(s): None [X]

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 4 contracts

Samples: Master Agreement (Caterpillar Financial Funding Corp), Master Agreement (Caterpillar Financial Funding Corp), Master Agreement (Caterpillar Financial Funding Corp)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” "SPECIFIED CONDITION" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 4 contracts

Samples: ML-CFC Commercial Mortgage Trust 2006-4, ML-CFC Commercial Mortgage Trust 2006-4, Pooling and Servicing Agreement (SURF Mortgage Loan Asset-Backed Certificates, Series 2007-Bc1)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneNot applicable.

Appears in 3 contracts

Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Mezzanine a Loan Agreement (W2007 Grace Acquisition I Inc), Management Agreement (American Casino & Entertainment Properties LLC)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.):

Appears in 2 contracts

Samples: Isda Master Agreement (Virgin Entertainment Investment Holdings LTD), Belden & Blake Corp /Oh/

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to and Party B: None. Substitution.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac3), Master Agreement (Residential Asset Securitization Trust 2007-A5)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. None; With respect to Party B: None.

Appears in 2 contracts

Samples: Isda Master Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx4), IndyMac INDX Mortgage Loan Trust 2007-Flx4

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party AA and Party B: any Additional Termination Event Illegality and Tax Event; with respect to which Party A is the sole Affected Party. With A, Tax Event Upon Merger; and with respect to Party B: None, Additional Termination Event.

Appears in 1 contract

Samples: Securities Account Control Agreement (Olden Lane Trust C/O Olden Lane Securities LLC)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any A and Party B, Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: Noneand Illegality.

Appears in 1 contract

Samples: Master Agreement (Daimlerchrysler Auto Trust 2008-B)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneNot Applicable.

Appears in 1 contract

Samples: Master Agreement (Nelnet Student Loan Trust 2006-2)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a "Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect 1 If the parties elect to Party A: any designate an Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: Noneas a "Specified Condition" then they should only designate one or more Additional Termination Event that are designated as such in their Schedule.

Appears in 1 contract

Samples: Master Agreement (UBS Managed Futures LLC (Aspect Series))

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Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the each party specified (that party being the Affected Party if the Termination Event occurs with respect to that party) for purposes of Paragraphs 4(a), 6(c), 8(a) and 8(b): With respect to Party A: any Illegality, Tax Event, Tax Event Upon Merger, Credit Event Upon Merger and Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneEvent.

Appears in 1 contract

Samples: www.sandag.org

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any A and Party B, Credit Event Upon Merger, Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: Noneand Illegality.

Appears in 1 contract

Samples: Master Agreement (Newmarket Corp)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified both Party A and Party B (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.):

Appears in 1 contract

Samples: Master Agreement (Frontier Fund)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for Condition”for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 1 contract

Samples: Ford Credit Auto Owner Trust 2008-A

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected PartyNone. With respect to Party B: NoneSubstitution.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party ANone. REFERENCE NUMBER: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party 1829250 B: None.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Br5)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.):

Appears in 1 contract

Samples: CMG Information Services Inc

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional , all Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneEvents.

Appears in 1 contract

Samples: Letter Agreement (Txu Corp /Tx/)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Each Termination Events Event specified below with respect to a party will be a “Specified Condition” for that party (the party specified (that party being the Affected Party if the a Termination Event or Additional Termination Event occurs with respect to that party): With respect to Party A: any Illegality, Credit Event Upon Merger and Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: NoneEvent.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Trust 2006-R1, Asset-Backed Pass-Through Certificates, Series 2006-R1)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Each Termination Events Event specified below with respect to a party will be a “Specified Condition” for that party (the party specified (that party being the Affected Party if the a Termination Event or Additional Termination Event occurs with respect to that such party): With respect to Party A: any A Party B Illegality ¨ ¨ Tax Event ¨ ¨ Tax Event Upon Merger ¨ ¨ Credit Event Upon Merger x x Additional Termination Event with respect Events specified in the Schedule to which Party A is the sole Affected Party. With respect to Party B: None.this Agreement ¨ x

Appears in 1 contract

Samples: Master Agreement (FS Investment Corp III)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any A and Party B, Credit Event Upon Merger, Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: Noneand Illegality.

Appears in 1 contract

Samples: Master Agreement

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party AA and Party B: any Additional Termination Event Illegality and Tax Event; with respect to which Party A is the sole Affected Party. With A, Tax Event Upon Merger; and with respect to Party B: None, Additional Termination Event.

Appears in 1 contract

Samples: Isda Master Agreement (Equinox Trust)

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 1 contract

Samples: Ford Credit Auto Owner Trust 2007-A

Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Events Event(s) will be a "Specified Condition" for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

Appears in 1 contract

Samples: Master Agreement (Amnor Books, Inc)

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