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 of the Termination Event occurs with respect to that party): Not Applicable.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar4), Pooling and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar4)

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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 of the if a Termination Event or Additional Termination Event occurs with respect to that party): Not ApplicableIllegality, Credit Event Upon Merger and Additional Termination Event.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc. Series 2005-R3), Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc. Series 2005-R3)

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 of if the Termination Event occurs with respect to that party): Not ApplicableWith respect to Party A and Party B: None.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-4)

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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 of if the Termination Event occurs with respect to that party): Not Applicable.

Appears in 1 contract

Samples: Isda Master Agreement (Nelnet Student Loan Trust 2006-1)

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