Holding and Using Posted Collateral. Eligibility to Hold Posted Collateral; Custodians. Party B 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 initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr3), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr2)
Holding and Using Posted Collateral. Eligibility to Hold Posted Collateral; Custodians. Party B 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 initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacityinxxxxxual capacity, but solely as Administrator.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Nc1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Nc1)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B 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 initiallythe Custodian for Party B shall be the same banking institution that acts as Trustee for the Certificates (as defined in the Pooling and Servicing Agreement) for Party B. Initially, the Custodian for Party B is Wells Fargo Bank, National Association, not : to be advised in its individuxx xxpacity, but solely as Administrator.writing by Party B to Party A.
Appears in 1 contract
Samples: Credit Support Annex (Alternative Loan Trust 2006-0c5)
Holding and Using Posted Collateral. Eligibility to Hold Posted Collateral; Custodians. Party B 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 initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacityindividuax xxxacity, but solely as Administrator.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (SABR LLC Trust 2006-Fr1)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B 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 initiallythe Custodian for Party B shall be the same banking institution that acts as Trustee for Party B. Initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.N.A.
Appears in 1 contract
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B 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 initially, the Custodian for Party B is Wells Fargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Wm1)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B 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 initiallythe Custodian for Party B shall be the same banking institution that acts as Indenture Trustee for the Notes (as defined in the Indenture) for Party B. Initially, the Custodian for Party B is Wells Fargo Bank, National Association, not : to be advised in its individuxx xxpacity, but solely as Administrator.writing by Party B to Party A.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-He2)
Holding and Using Posted Collateral. (i) Eligibility to Hold Posted Collateral; Custodians. Party B 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 initiallythe Custodian for Party B shall be the same banking institution that acts as Trustee for Party B. Initially, the Custodian for Party B is Wells Fargo Wexxx Xargo Bank, National Association, not in its individuxx xxpacity, but solely as Administrator.N.A.
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