Common use of Failure to Pay or Deliver Clause in Contracts

Failure to Pay or Deliver. Section 5(a)(i) is hereby amended by deleting the word "third" in the third line thereof and replacing it with the word "second".

Appears in 18 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He6), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He5), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He5)

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Failure to Pay or Deliver. Section 5(a)(i) is hereby amended by deleting replacing the word "third" ” by the word “second” in the third line thereof and replacing it with the word "second"thereof.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa4 /DE), Letter Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar1), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2)

Failure to Pay or Deliver. Section 5(a)(i5(a) is hereby amended by deleting replacing the word "third" in the third line thereof and replacing it with the word "second"fifth" in the last line of subsection (i) thereof.

Appears in 6 contracts

Samples: Warrant Agent Agreement (Lehman Abs Corp Daimlerchrysler Debenture-Backed Ser 2004 3), Series Supplement (Lehman Abs Corp Verizon Ny Debenture Backed Ser 2004-5), Lehman Brothers Special Financing (Lehman Abs Corp Goldman Sachs Cap 1 Sec Backed Ser 2004-6)

Failure to Pay or Deliver. Section 5(a)(i) is hereby amended by deleting replacing the word "third" by the word "second" in the third line thereof and replacing it with the word "second"thereof.

Appears in 5 contracts

Samples: Master Agreement (Banc of America Funding 2007-1 Trust), Pooling and Servicing Agreement (Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-H1), Pooling and Servicing Agreement (Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-5)

Failure to Pay or Deliver. Section 5(a)(i5(a) is hereby amended by deleting replacing the word "third" in the third line thereof and replacing it with the word "second"tenth" in the last line of subsection (i) thereof.

Appears in 4 contracts

Samples: Master Agreement (Lehman Abs Corp Repack Amer Gen Float Rt Tr Certs Ser 2003-1), Master Agreement (Lehman Abs Corp Repac Ge Glob Ins FLT Rt Tr Cert Ser 2002-1), Master Agreement (Lehman Abs Corp Repack Amer Gen Float Rt Tr Certs Ser 2003-1)

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Failure to Pay or Deliver. Section 5(a)(i) is hereby shall be amended by deleting replacing the word "third" in the third line thereof and replacing it with the word "second".

Appears in 3 contracts

Samples: 1992 Master Agreement (Daimlerchrysler Auto Trust 2008-A), 1992 Master Agreement (DaimlerChrysler Auto Trust 2007-A), 1992 Master Agreement (Daimlerchrysler Auto Trust 2008-B)

Failure to Pay or Deliver. Section 5(a)(i) is hereby amended by deleting the word "third" in the third line thereof and replacing it with the word "second".

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Nc5), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Nc3)

Failure to Pay or Deliver. Section 5(a)(i) is hereby amended by deleting replacing the word "third" ” by the word “second” in the third line thereof and replacing it with the word "second"thereof.

Appears in 1 contract

Samples: Master Agreement (Deutsche Alt-a Securities Inc)

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