Common use of Exercise of Clean-Up Call Rights Clause in Contracts

Exercise of Clean-Up Call Rights. In order to exercise its rights under this Section, Participant shall give notice in writing to the Company, setting forth the date by which the remaining Loans and Acquired Collateral are to be liquidated by the Company, which date shall be no less than 150 calendar days after the date of such notice.

Appears in 4 contracts

Samples: Participation and Servicing Agreement, Participation and Servicing Agreement, Participation and Servicing Agreement

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Exercise of Clean-Up Call Rights. In order to exercise its rights under this SectionSection 9.01, the Participant shall give notice in writing to the Company, setting forth the date by which the remaining Loans and Acquired Collateral are to be liquidated by the Company, which date shall be no less than 150 180 calendar days after the date of such notice.

Appears in 1 contract

Samples: Participation and Servicing Agreement

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