Common use of Elections and Variables Clause in Contracts

Elections and Variables. (a) Security Interest for “Obligations”. The term “Obligations” as used in this Annex includes the following additional obligations: With respect to Party A: Not Applicable. With respect to Party B: Not Applicable.

Appears in 2 contracts

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

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Elections and Variables. (a) Security Interest for “Obligations”. The term “Obligations” as used in this Annex includes the following additional obligations: With respect to Party A: Not Applicablenot applicable. With respect to Party B: Not Applicablenot applicable. Credit Support Obligations. Delivery Amount, Return Amount and Credit Support Amount.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac3)

Elections and Variables. (a) Security Interest for "Obligations". The term “THE TERM "Obligations” as used in this Annex includes the following additional obligations" AS USED IN THIS ANNEX INCLUDES THE FOLLOWING ADDITIONAL OBLIGATIONS: With respect to Party A: Not Applicablenot applicable. With respect to Party B: Not Applicablenot applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (C-Bass Mortgage Loan Asset Backed Certificates, Series 2007-Cb4)

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Elections and Variables. (a) Security Interest for “Obligations”. The term “Obligations” as used in this Annex includes the following additional obligations: With obligations with respect to Party A: Not Applicable. With respect to A and Party B: Not ApplicableNone. Credit Support Obligations.

Appears in 1 contract

Samples: Master Agreement (RALI Series 2006-Qa5 Trust)

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