Common use of Eligibility to Hold Posted Collateral; Custodians Clause in Contracts

Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), provided that the following conditions applicable to it are satisfied:

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-He5), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac3)

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Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), ; provided that the following conditions applicable to it are satisfied: (1) Party B is not a Defaulting Party and/or no Material Adverse Change has occurred with respect to Party B. (2) Posted Collateral may be held only in the United States. (3) The Custodian shall be a Qualified Institution. Initially, the Custodian for Party B is not applicable.

Appears in 5 contracts

Samples: Long Term Power Purchase Agreement, Long Term Power Purchase Agreement, Fixed Price Customer Supply Contract

Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) A Custodian will be entitled to hold Posted Collateral on behalf of Party B pursuant to Paragraph 6(b), ; provided that that: (1) Posted Collateral may be held only in the following conditions applicable to it are satisfied:jurisdiction: United States.

Appears in 3 contracts

Samples: Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa4 /DE), Isda Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar2), Isda Master Agreement (PHH Alternative Mortgage Trust, Series 2007-3)

Eligibility to Hold Posted Collateral; Custodians. Party B (or A and its Custodian) Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), ; provided that the following conditions applicable to it are satisfied:

Appears in 2 contracts

Samples: Credit Support Annex, Credit Support Annex (Wright Express CORP)

Eligibility to Hold Posted Collateral; Custodians. Secured Party B (or its Custodian) will be entitled to hold Posted Collateral only through its Custodian pursuant to Paragraph 6(b), provided that the following conditions applicable to it are satisfied:

Appears in 2 contracts

Samples: Rate Cap Agreement (America First Multifamily Investors, L.P.), Rate Cap Agreement (America First Tax Exempt Investors Lp)

Eligibility to Hold Posted Collateral; Custodians. Party B (or its any Custodian) will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), . provided that the following conditions applicable to it the Custodian are satisfied:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2007-4)

Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) A will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), ) without using a Custodian provided that the following conditions applicable to it are satisfied:Party A is not a Defaulting Party.

Appears in 1 contract

Samples: Credit Support Annex (American Skiing Co /Me)

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Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) and the Custodian of Party B will be entitled to hold Posted Collateral pursuant to Paragraph 6(b). Initially, provided that the following conditions applicable Custodian for Party B is: as identified from Party B to it are satisfied:Party A in writing.

Appears in 1 contract

Samples: Transaction Confirmation (Txu Corp /Tx/)

Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) is not and will not be entitled to hold Posted Collateral. Party B's Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), ; provided that the following conditions applicable to it are satisfied:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Charming Shoppes Inc)

Eligibility to Hold Posted Collateral; Custodians. Party B (or its Custodian) Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), ; provided that the following conditions applicable to it are satisfied:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-He6)

Eligibility to Hold Posted Collateral; Custodians. Party B (or A and its Custodian) Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b), ; provided that the following conditions applicable to it are satisfied: (1) Party A is not a Defaulting Party. (2) Posted Collateral may be held only in the following jurisdictions:..

Appears in 1 contract

Samples: Credit Support Annex (CMG Information Services Inc)

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