Common use of Financial-Guaranty Provider Rights and Obligations Clause in Contracts

Financial-Guaranty Provider Rights and Obligations. To the extent that any third party guarantor or financial-guaranty provider with respect to any Settlement Trust has rights or obligations independent of the rights or obligations of the Investors in such Settlement Trust, the Accepting Trustees, or the Settlement Trusts, the releases and waivers in Article III are not intended to and shall not release such rights, if any, provided, however, that JPMorgan reserves all rights with respect to the position it may take on whether the resolution of Rep and Warranty Claims and Servicing Claims pursuant to this Settlement Agreement shall offset or otherwise bar any claims asserted by a third party guarantor or financial-guaranty provider.

Appears in 5 contracts

Samples: RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement

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Financial-Guaranty Provider Rights and Obligations. To the extent that any third party guarantor or financial-guaranty provider with respect to any Settlement Trust has rights or obligations wholly independent of the rights or obligations of the Trustee of or Investors in such Settlement Trust, the Accepting Trustees, or the Settlement Trusts, the releases and waivers in Article III are not intended to and shall not release such rights, if any, provided, however, that JPMorgan reserves the LBHI Debtors reserve all rights with respect to the position it they may take on whether the resolution of Rep and Warranty Claims and Servicing the Covered Loan Claims pursuant to this Settlement Agreement shall offset or otherwise bar any claims asserted by a third party guarantor or financial-guaranty provider.

Appears in 3 contracts

Samples: RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement

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Financial-Guaranty Provider Rights and Obligations. To the extent that any third party guarantor or financial-guaranty provider with respect to any Settlement Trust has rights or obligations independent of the rights or obligations of the Investors in such Settlement Trust, the Accepting Trustees, or the Settlement Trusts, the releases and waivers in Article III are not intended to and shall not release such rights, if any, provided, however, that JPMorgan reserves all rights with respect to the position it may take on whether the resolution of Rep and Warranty Claims and Servicing Claims pursuant to this Settlement Agreement shall offset or otherwise bar any claims asserted by a third party guarantor or financial-guaranty provider.

Appears in 1 contract

Samples: RMBS Trust Settlement Agreement

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