Common use of Limitation of Suits Clause in Contracts

Limitation of Suits. 29 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 Section 5.09. Restoration of Rights and Remedies..................................................30 Section 5.10. Rights and Remedies Cumulative......................................................30 Section 5.11. Delay or Omission Not a Waiver......................................................31 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13. Waiver of Past Defaults.............................................................31 Section 5.14. Undertaking For Costs...............................................................31 Section 5.15. Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34

Appears in 3 contracts

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-O), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-M), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-J)

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Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 31 Section 5.10. Rights and Remedies Cumulative......................................................30 32 Section 5.11. Delay or Omission Not a Waiver......................................................31 32 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 32 Section 5.13. Waiver of Past Defaults.............................................................31 32 Section 5.14. Undertaking For Costs...............................................................31 33 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................32 33 Section 5.17. Sale of Collateral..................................................................33 34 Section 5.18. Performance and Enforcement of Certain Obligations..................................3435

Appears in 3 contracts

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-D), Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-G), Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-H)

Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 32 Section 5.10. Rights and Remedies Cumulative......................................................30 32 Section 5.11. Delay or Omission Not a Waiver......................................................31 32 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 32 Section 5.13. Waiver of Past Defaults.............................................................31 32 Section 5.14. Undertaking For Costs...............................................................31 33 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................32 33 Section 5.17. Sale of Collateral..................................................................33 35 Section 5.18. Performance and Enforcement of Certain Obligations..................................3436

Appears in 3 contracts

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-B), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-C), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-A)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 31 Section 5.10. Rights and Remedies Cumulative......................................................30 31 Section 5.11. Delay or Omission Not a Waiver......................................................31 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13. Waiver of Past Defaults.............................................................31 32 Section 5.14. Undertaking For Costs...............................................................31 32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 33 Section 5.17. Sale of Collateral..................................................................33 34 Section 5.18. Performance and Enforcement of Certain Obligations..................................3435

Appears in 3 contracts

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-U), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-T), Custodial Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-R)

Limitation of Suits. 29 Section 5.08. Unconditional Right to Receive Principal and Interest............................................................................30 Section 5.09. Restoration of Rights and Remedies..................................................................................................................30 Section 5.10. Rights and Remedies Cumulative..........................................................................................................................30 Section 5.11. Delay or Omission Not a Waiver..........................................................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders....................................................................................................31 Section 5.13. Waiver of Past Defaults........................................................................................................................................31 Section 5.14. Undertaking For Costs............................................................................................................................................31 Section 5.15. Waiver of Stay or Extension Laws......................................................................................................................32 Section 5.16. Rapid Amortization Events....................................................................................................................................32 Section 5.17. Sale of Collateral..................................................................................................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................................................................34

Appears in 2 contracts

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-L), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-N)

Limitation of Suits. 29 Section 5.08. 27 SECTION 5.7 Unconditional Right to Rights of Owners To Receive Principal and Interest...............................30 Section 5.09. ......................28 SECTION 5.8 Restoration of Rights and Remedies..................................................30 Section 5.10. ....................................................28 SECTION 5.9 Rights and Remedies Cumulative......................................................30 Section 5.11. ........................................................28 SECTION 5.10 Delay or Omission Not a Waiver......................................................31 Section 5.12. ........................................................28 SECTION 5.11 Control by Credit Enhancer or Noteholders...........................................31 Section 5.13. The Note Insurer...........................................................28 SECTION 5.12 Waiver of Past Defaults.............................................................31 Section 5.14. ...............................................................29 SECTION 5.13 Undertaking For for Costs...............................................................31 Section 5.15. .................................................................29 SECTION 5.14 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34......................................................29 SECTION 5.15

Appears in 2 contracts

Samples: Amresco Residential Securities Corp, Imc Home Equity Loan Owner Trust 1998-6

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 31 Section 5.10. Rights and Remedies Cumulative......................................................30 31 Section 5.11. Delay or Omission Not a Waiver......................................................31 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 32 Section 5.13. Waiver of Past Defaults.............................................................31 32 Section 5.14. Undertaking For Costs...............................................................31 32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................32 33 Section 5.17. Sale of Collateral..................................................................33 34 Section 5.18. Performance and Enforcement of Certain Obligations..................................3435

Appears in 2 contracts

Samples: Custodial Agreement (CWHEQ, Inc.), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-L)

Limitation of Suits. 29 Section 5.08. 27 SECTION 5.7 Unconditional Right to Rights of Owners To Receive Principal and Interest...............................30 Section 5.09. ......................28 SECTION 5.8 Restoration of Rights and Remedies..................................................30 Section 5.10. ....................................................28 SECTION 5.9 Rights and Remedies Cumulative......................................................30 Section 5.11. ........................................................28 SECTION 5.10 Delay or Omission Not a Waiver......................................................31 Section 5.12. ........................................................28 SECTION 5.11 Control by Credit Enhancer Note Insurer or Noteholders...........................................31 Section 5.13. Owners.....................................................29 SECTION 5.12 Waiver of Past Defaults.............................................................31 Section 5.14. ...............................................................29 SECTION 5.13 Undertaking For for Costs...............................................................31 Section 5.15. .................................................................29 SECTION 5.14 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34......................................................30 SECTION 5.15

Appears in 2 contracts

Samples: Imc Home Equity Loan Owner Trust 1998-7, First Alliance Mortgage Loan Trust 1998-2

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ........................................31 Section 5.09. Restoration of Rights and Remedies..................................................30 ...........................................................31 Section 5.10. Rights and Remedies Cumulative......................................................30 ...............................................................31 Section 5.11. Delay or Omission Not a Waiver.....................................................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ....................................................32 Section 5.13. Waiver of Past Defaults.............................................................31 ......................................................................32 Section 5.14. Undertaking For Costs...............................................................31 ........................................................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .............................................................33 Section 5.16. Rapid Amortization Events...........................................................32 ....................................................................33 Section 5.17. Sale of Collateral..................................................................33 ...........................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................34...........................................35

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-C)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 31 Section 5.10. Rights and Remedies Cumulative......................................................30 31 Section 5.11. Delay or Omission Not a Waiver......................................................31 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 32 Section 5.13. Waiver of Past Defaults.............................................................31 32 Section 5.14. Undertaking For Costs...............................................................31 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 34 Section 5.16. Rapid Amortization Events...........................................................32 34 Section 5.17. Sale of Collateral..................................................................33 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3437

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-A)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ..........................................33 Section 5.09. Restoration of Rights and Remedies..................................................30 .............................................................33 Section 5.10. Rights and Remedies Cumulative......................................................30 .................................................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 .................................................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ......................................................34 Section 5.13. Waiver of Past Defaults.............................................................31 ........................................................................34 Section 5.14. Undertaking For Costs...............................................................31 ..........................................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ...............................................................35 Section 5.16. Rapid Amortization Events...........................................................32 ......................................................................35 Section 5.17. Sale of Collateral..................................................................33 .............................................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.............................................37

Appears in 1 contract

Samples: Custodial Agreement (Cwabs Master Trust Series 2004-B)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 .........33 Section 5.09. Restoration of Rights and Remedies..................................................30 ............................33 Section 5.10. Rights and Remedies Cumulative......................................................30 ................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 .....................33 Section 5.13. Waiver of Past Defaults.............................................................31 .......................................34 Section 5.14. Undertaking For Costs...............................................................31 .........................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ..............................35 Section 5.16. Rapid Amortization Events...........................................................32 .....................................35 Section 5.17. Sale of Collateral..................................................................33 ............................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34............37 ARTICLE VI The Indenture Trustee 37

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-I)

Limitation of Suits. 29 Section 5.085.03. Unconditional Right to Rights of Noteholders To Receive Principal and Interest......................................... 30 Section 5.095.04. Restoration of Rights and Remedies............................................................................................... 30 Section 5.105.05. Rights and Remedies Cumulative....................................................................................................... 30 Section 5.115.06. Delay or Omission Not a Waiver....................................................................................................... 31 Section 5.125.07. Control by Credit Enhancer or Insurer and Noteholders........................................................................................ 31 Section 5.135.08. Waiver of Past Defaults.............................................................Undertaking for Costs.......................................................... 31 Section 5.14. Undertaking For Costs...............................................................31 Section 5.155.09. Waiver of Stay or Extension Laws................................................................................................... 32 Section 5.165.10. Rapid Amortization Events...........................................................Action on Notes................................................................ 32 Section 5.17. Sale of Collateral..................................................................33 Section 5.185.11. Performance and Enforcement of Certain Obligations..................................34............................. 32 Section 5.12. Subrogation.................................................................... 32 Section 5.13. Preference Claims.............................................................. 33 Section 5.14. Noteholder Rights.............................................................. 34 </TABLE> TABLE OF CONTENTS (continued) <TABLE>

Appears in 1 contract

Samples: Indenture (Greenpoint Mortgage Funding Trust 2005-He3)

Limitation of Suits. 29 Section 5.0836 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 Section 5.09.............................37 SECTION 5.08. Restoration of Rights and Remedies..................................................30 Section 5.10................................................................37 SECTION 5.09. Rights and Remedies Cumulative......................................................30 Section 5.11....................................................................37 SECTION 5.10. Delay or Omission Not a Waiver......................................................31 Section 5.12....................................................................37 SECTION 5.11. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13Controlling Class......................................................................37 SECTION 5.12. Waiver of Past Defaults.............................................................31 Section 5.14...........................................................................38 SECTION 5.13. Undertaking For for Costs...............................................................31 Section 5.15.............................................................................38 SECTION 5.14. Waiver of Stay or Extension Laws....................................................32 Section ..................................................................38 SECTION 5.15. Action on Notes...................................................................................39 SECTION 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34................................................39 ARTICLE VI THE INDENTURE TRUSTEE

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1)

Limitation of Suits. 29 30 Section 5.08. 5.08 Unconditional Right to Receive Principal and Interest...............................30 ...... 31 Section 5.09. 5.09 Restoration of Rights and Remedies..................................................30 ......................... 31 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................30 ............................. 32 Section 5.11. 5.11 Delay or Omission Not a Waiver......................................................31 ............................. 32 Section 5.12. 5.12 Control by Credit Enhancer or Noteholders...........................................31 .................. 32 Section 5.13. 5.13 Waiver of Past Defaults.............................................................31 .................................... 32 Section 5.14. 5.14 Undertaking For Costs...............................................................31 ...................................... 33 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 ........................... 33 Section 5.16. 5.16 Rapid Amortization Events...........................................................32 .................................. 33 Section 5.17. 5.17 Sale of Collateral..................................................................33 ......................................... 34 Section 5.18. 5.18 Performance and Enforcement of Certain Obligations..................................34......... 35

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ, Inc.)

Limitation of Suits. 29 30 Section 5.08. 5.08 Unconditional Right Rights of Noteholders to Receive Principal and Interest...............................30 ...................31 Section 5.09. 5.09 Restoration of Rights and Remedies..................................................30 ......................................................31 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................30 ..........................................................32 Section 5.11. 5.11 Delay or Omission Not a Waiver......................................................31 ..........................................................32 Section 5.12. 5.12 Control by Credit Enhancer or Noteholders...........................................31 ..................................................................32 Section 5.13. 5.13 Waiver of Past Defaults.............................................................31 .................................................................32 Section 5.14. 5.14 Undertaking For for Costs...............................................................31 ...................................................................33 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..........................................................................................................................33 Section 5.18. 5.16 Action on Notes.........................................................................33 Section 5.17 Performance and Enforcement of Certain Obligations..................................34......................................33

Appears in 1 contract

Samples: Indenture (Cit Equipment Collateral 2002-Vt1)

Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ...............32 Section 5.09. Restoration of Rights and Remedies..................................................30 ..................................32 Section 5.10. Rights and Remedies Cumulative......................................................30 ......................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ......................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ...........................33 Section 5.13. Waiver of Past Defaults.............................................................31 .............................................35 Section 5.14. Undertaking For Costs...............................................................31 ...............................................35 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................35 Section 5.16. Rapid Amortization Events...........................................................32 ...........................................36 Section 5.17. Sale of Collateral..................................................................33 ..................................................37 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..................38 ARTICLE VI The Indenture Trustee

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-I)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 33 Section 5.09. Restoration of Rights and Remedies..................................................30 33 Section 5.10. Rights and Remedies Cumulative......................................................30 33 Section 5.11. Delay or Omission Not a Waiver......................................................31 33 Section 5.12. Control by Credit Enhancer or and Noteholders...........................................31 ..........................................33 Section 5.13. Waiver of Past Defaults.............................................................31 34 Section 5.14. Undertaking For Costs...............................................................31 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 35 Section 5.16. Rapid Amortization Events...........................................................32 35 Section 5.17. Sale of Collateral..................................................................33 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3437

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-C)

Limitation of Suits. 29 Section 5.0834 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 Section 5.09....................36 SECTION 5.08. Restoration of Rights and Remedies..................................................30 Section 5.10.......................................................36 SECTION 5.09. Rights and Remedies Cumulative......................................................30 Section 5.11...........................................................36 SECTION 5.10. Delay or Omission Not a Waiver......................................................31 Section 5.12...........................................................36 SECTION 5.11. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13Controlling Class.............................................................36 SECTION 5.12. Waiver of Past Defaults.............................................................31 Section 5.14..................................................................36 SECTION 5.13. Undertaking For for Costs...............................................................31 Section 5.15....................................................................36 SECTION 5.14. Waiver of Stay or Extension Laws....................................................32 Section .........................................................37 SECTION 5.15. Action on Notes..........................................................................37 SECTION 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.......................................37

Appears in 1 contract

Samples: Indenture (DaimlerChrysler Financial Services Americas LLC)

Limitation of Suits. 29 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 Section 5.09. Restoration of Rights and Remedies..................................................30 Section 5.10. Rights and Remedies Cumulative......................................................30 Section 5.11. Delay or Omission Not a Waiver......................................................31 30 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 30 Section 5.13. Waiver of Past Defaults.............................................................31 Section 5.14. Undertaking For Costs...............................................................31 Section 5.15. Waiver of Stay or Extension Laws....................................................32 31 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34

Appears in 1 contract

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-S)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 .....................................................33 Section 5.09. Restoration of Rights and Remedies..................................................30 ...........................33 Section 5.10. Rights and Remedies Cumulative......................................................30 ...............................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ...............................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ....................33 Section 5.13. Waiver of Past Defaults.............................................................31 ......................................35 Section 5.14. Undertaking For Costs...............................................................31 ........................................36 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .............................36 Section 5.16. Rapid Amortization Events...........................................................32 ....................................36 Section 5.17. Sale of Collateral..................................................................33 ...........................................38 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..................................................38 ARTICLE VI The Indenture Trustee 39

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-E)

Limitation of Suits. 29 ..36 Section 5.085.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 .....................................37 Section 5.095.08. Restoration of Rights and Remedies..................................................30 ........................................................................37 Section 5.105.09. Rights and Remedies Cumulative......................................................30 ............................................................................37 Section 5.115.10. Delay or Omission Not a Waiver......................................................31 ............................................................................37 Section 5.125.11. Control by Credit Enhancer or Noteholders...........................................31 Controlling Class..............................................................................37 Section 5.135.12. Waiver of Past Defaults.............................................................31 ...................................................................................38 Section 5.13. Undertaking for Costs.....................................................................................38 Section 5.14. Undertaking For Costs...............................................................31 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ..........................................................................38 Section 5.15. Action on Notes...........................................................................................39 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34........................................................39 ARTICLE VI

Appears in 1 contract

Samples: Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ........................32 Section 5.09. Restoration of Rights and Remedies..................................................30 ...........................................32 Section 5.10. Rights and Remedies Cumulative......................................................30 ...............................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ...............................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ....................................33 Section 5.13. Waiver of Past Defaults.............................................................31 ......................................................33 Section 5.14. Undertaking For Costs...............................................................31 ........................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .............................................34 Section 5.16. Rapid Amortization Events...........................................................32 ....................................................34 Section 5.17. Sale of Collateral..................................................................33 ...........................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34...........................37

Appears in 1 contract

Samples: Custodial Agreement (Cwabs Inc Revolving Home Eq Ln Asst Back NTS Ser 2004-A)

Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ..........................................32 Section 5.09. Restoration of Rights and Remedies..................................................30 .............................................................32 Section 5.10. Rights and Remedies Cumulative......................................................30 .................................................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 .................................................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ......................................................33 Section 5.13. Waiver of Past Defaults.............................................................31 ........................................................................33 Section 5.14. Undertaking For Costs...............................................................31 ..........................................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ...............................................................34 Section 5.16. Rapid Amortization Events...........................................................32 ......................................................................34 Section 5.17. Sale of Collateral..................................................................33 .............................................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.............................................37

Appears in 1 contract

Samples: Custodial Agreement (Cwabs Inc Revolving Home Equity Loan Notes Series 2004-C)

Limitation of Suits. 29 Section 5.0836 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 Section 5.09....................................36 SECTION 5.08. Restoration of Rights and Remedies..................................................30 Section 5.10.......................................................................37 SECTION 5.09. Rights and Remedies Cumulative......................................................30 Section 5.11...........................................................................37 SECTION 5.10. Delay or Omission Not a Waiver......................................................31 Section 5.12...........................................................................37 SECTION 5.11. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13...................................................................................37 SECTION 5.12. Waiver of Past Defaults.............................................................31 Section 5.14..................................................................................38 SECTION 5.13. Undertaking For for Costs...............................................................31 Section 5.15....................................................................................38 SECTION 5.14. Waiver of Stay or Extension Laws....................................................32 Section .........................................................................38 SECTION 5.15. Action on Notes..........................................................................................39 SECTION 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.......................................................39 ARTICLE VI The Indenture Trustee

Appears in 1 contract

Samples: Daimlerchrysler Auto Trust 2003-B

Limitation of Suits. 29 Section 5.0840 SECTION 5.8. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 Section 5.09.......................................................................................40 SECTION 5.9. Restoration of Rights and Remedies..................................................30 Section ........................................................41 SECTION 5.10. Rights and Remedies Cumulative......................................................30 Section ...........................................................41 SECTION 5.11. Delay or Omission Not a Waiver......................................................31 Section ...........................................................41 SECTION 5.12. Control by Credit Enhancer or Noteholders...........................................31 Section ...................................................................41 SECTION 5.13. Waiver of Past Defaults.............................................................31 Section ..................................................................42 SECTION 5.14. Undertaking For for Costs...............................................................31 Section ....................................................................42 SECTION 5.15. Waiver of Stay or Extension Laws....................................................32 Section .........................................................42 SECTION 5.16. Rapid Amortization Events...........................................................32 Section Action on Notes..........................................................................43 SECTION 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.......................................43 SECTION 5.18. Claims Under Note Policy.................................................................43 SECTION 5.19.

Appears in 1 contract

Samples: FCC Receivables Corp

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ......31 Section 5.09. Restoration of Rights and Remedies..................................................30 .........................31 Section 5.10. Rights and Remedies Cumulative......................................................30 .............................31 Section 5.11. Delay or Omission Not a Waiver...................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders.............................................................31 Section 5.13. Waiver of Past Defaults.............................................................31 ....................................32 Section 5.14. Undertaking For Costs...............................................................31 ......................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ...........................34 Section 5.16. Rapid Amortization Events...........................................................32 ..................................34 Section 5.17. Sale of Collateral..................................................................33 .........................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.........36

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ, Inc.)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ...32 Section 5.09. Restoration of Rights and Remedies..................................................30 ......................33 Section 5.10. Rights and Remedies Cumulative......................................................30 ..........................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ..........................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ..................33 Section 5.13. Waiver of Past Defaults.............................................................31 .................................34 Section 5.14. Undertaking For Costs...............................................................31 ...................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ........................34 Section 5.16. Rapid Amortization Events...........................................................32 ...............................35 Section 5.17. Sale of Collateral..................................................................33 ......................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34......37

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-D)

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Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ...........................32 Section 5.09. Restoration of Rights and Remedies..................................................30 ..............................................32 Section 5.10. Rights and Remedies Cumulative......................................................30 ..................................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ..................................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 .......................................33 Section 5.13. Waiver of Past Defaults.............................................................31 .........................................................33 Section 5.14. Undertaking For Costs...............................................................31 ...........................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ................................................34 Section 5.16. Rapid Amortization Events...........................................................32 .......................................................34 Section 5.17. Sale of Collateral..................................................................33 ..............................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..............................36

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-J)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 31 Section 5.10. Rights and Remedies Cumulative......................................................30 31 Section 5.11. Delay or Omission Not a Waiver......................................................31 32 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 32 Section 5.13. Waiver of Past Defaults.............................................................31 34 Section 5.14. Undertaking For Costs...............................................................31 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 34 Section 5.16. Rapid Amortization Events...........................................................32 35 Section 5.17. Sale of Collateral..................................................................33 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3437

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-M)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ...............33 Section 5.09. Restoration of Rights and Remedies..................................................30 ..................................33 Section 5.10. Rights and Remedies Cumulative......................................................30 ......................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ......................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ...........................33 Section 5.13. Waiver of Past Defaults.............................................................31 .............................................35 Section 5.14. Undertaking For Costs...............................................................31 ...............................................36 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................36 Section 5.16. Rapid Amortization Events...........................................................32 ...........................................36 Section 5.17. Sale of Collateral..................................................................33 ..................................................38 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..................38 ARTICLE VI The Indenture Trustee 39

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-G)

Limitation of Suits. 29 Section 5.08. Unconditional Right to Receive Principal and Interest...........................................................................30 Section 5.09. Restoration of Rights and Remedies....................................................................30 Section 5.10. Rights and Remedies Cumulative............................................................................30 Section 5.11. Delay or Omission Not a Waiver............................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders......................................................31 Section 5.13. Waiver of Past Defaults..........................................................................................31 Section 5.14. Undertaking For Costs..............................................................................................31 Section 5.15. Waiver of Stay or Extension Laws........................................................................32 Section 5.16. Rapid Amortization Events......................................................................................32 Section 5.17. Sale of Collateral....................................................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations...........................................................................34

Appears in 1 contract

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-K)

Limitation of Suits. 29 Section 5.0832 SECTION 5.7. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 Section 5.09......................33 SECTION 5.8. Restoration of Rights and Remedies..................................................30 Section 5.10.........................................................33 SECTION 5.9. Rights and Remedies Cumulative......................................................30 Section 5.11.............................................................33 SECTION 5.10. Delay or Omission Not a Waiver......................................................31 Section 5.12.............................................................33 SECTION 5.11. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13Controlling Class...............................................................33 SECTION 5.12. Waiver of Past Defaults.............................................................31 Section 5.14....................................................................34 SECTION 5.13. Undertaking For for Costs...............................................................31 Section 5.15......................................................................34 SECTION 5.14. Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................3435 SECTION 5.15.

Appears in 1 contract

Samples: Gmac Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 .......31 Section 5.09. Restoration of Rights and Remedies..................................................30 ..........................31 Section 5.10. Rights and Remedies Cumulative......................................................30 ..............................31 Section 5.11. Delay or Omission Not a Waiver....................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders..............................................................31 Section 5.13. Waiver of Past Defaults.............................................................31 .....................................32 Section 5.14. Undertaking For Costs...............................................................31 .......................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ............................33 Section 5.16. Rapid Amortization Events...........................................................32 ...................................33 Section 5.17. Sale of Collateral..................................................................33 ..........................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..........35

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-B)

Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 31 Section 5.09. Restoration of Rights and Remedies..................................................30 31 Section 5.10. Rights and Remedies Cumulative......................................................30 32 Section 5.11. Delay or Omission Not a Waiver......................................................31 32 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 32 Section 5.13. Waiver of Past Defaults.............................................................31 32 Section 5.14. Undertaking For Costs...............................................................31 33 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................32 33 Section 5.17. Sale of Collateral..................................................................33 35 Section 5.18. Performance and Enforcement of Certain Obligations..................................3435

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-F)

Limitation of Suits. 29 Section 5.0837 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................30 Section 5.09.............................37 SECTION 5.08. Restoration of Rights and Remedies..................................................30 Section 5.10................................................................37 SECTION 5.09. Rights and Remedies Cumulative......................................................30 Section 5.11....................................................................38 SECTION 5.10. Delay or Omission Not a Waiver......................................................31 Section 5.12....................................................................38 SECTION 5.11. Control by Credit Enhancer or Noteholders...........................................31 Section 5.13Controlling Class......................................................................38 SECTION 5.12. Waiver of Past Defaults.............................................................31 Section 5.14...........................................................................38 SECTION 5.13. Undertaking For for Costs...............................................................31 Section 5.15.............................................................................39 SECTION 5.14. Waiver of Stay or Extension Laws....................................................32 Section ..................................................................39 SECTION 5.15. Action on Notes...................................................................................39 SECTION 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................34................................................39 ARTICLE VI THE INDENTURE TRUSTEE

Appears in 1 contract

Samples: Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2)

Limitation of Suits. 29 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 .............................................32 Section 5.09. Restoration of Rights and Remedies..................................................30 ................................................................32 Section 5.10. Rights and Remedies Cumulative......................................................30 ....................................................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ....................................................................33 Section 5.12. Control by Credit Enhancer or and Noteholders...........................................31 ........................................................33 Section 5.13. Waiver of Past Defaults.............................................................31 ...........................................................................33 Section 5.14. Undertaking For Costs...............................................................31 .............................................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ..................................................................34 Section 5.16. Rapid Amortization Events...........................................................32 .........................................................................34 Section 5.17. Sale of Collateral..................................................................33 ................................................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34................................................36

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-B)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ...............31 Section 5.09. Restoration of Rights and Remedies..................................................30 ..................................31 Section 5.10. Rights and Remedies Cumulative......................................................30 ......................................32 Section 5.11. Delay or Omission Not a Waiver......................................................31 ......................................32 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ...........................32 Section 5.13. Waiver of Past Defaults.............................................................31 .............................................34 Section 5.14. Undertaking For Costs...............................................................31 ...............................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................34 Section 5.16. Rapid Amortization Events...........................................................32 ...........................................35 Section 5.17. Sale of Collateral..................................................................33 ..................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..................37

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-E)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ....31 Section 5.09. Restoration of Rights and Remedies..................................................30 .......................31 Section 5.10. Rights and Remedies Cumulative......................................................30 ...........................31 Section 5.11. Delay or Omission Not a Waiver.................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders...........................................................31 Section 5.13. Waiver of Past Defaults.............................................................31 ..................................32 Section 5.14. Undertaking For Costs...............................................................31 ....................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .........................34 Section 5.16. Rapid Amortization Events...........................................................32 ................................34 Section 5.17. Sale of Collateral..................................................................33 .......................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.......36

Appears in 1 contract

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-P)

Limitation of Suits. 29 32 Section 5.08. 5.08 Unconditional Right to Receive Principal and Interest...............................30 ........33 Section 5.09. 5.09 Restoration of Rights and Remedies..................................................30 ...........................33 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................30 ...............................34 Section 5.11. 5.11 Delay or Omission Not a Waiver......................................................31 ...............................34 Section 5.12. 5.12 Control by Credit Enhancer or Noteholders...........................................31 ....................34 Section 5.13. 5.13 Waiver of Past Defaults.............................................................31 ......................................34 Section 5.14. 5.14 Undertaking For Costs...............................................................31 ........................................35 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 .............................35 Section 5.16. 5.16 Rapid Amortization Events...........................................................32 ....................................35 Section 5.17. 5.17 Sale of Collateral..................................................................33 ...........................................37 Section 5.18. 5.18 Performance and Enforcement of Certain Obligations..................................34...........38 ARTICLE VI The Indenture Trustee

Appears in 1 contract

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-D)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ......31 Section 5.09. Restoration of Rights and Remedies..................................................30 .........................31 Section 5.10. Rights and Remedies Cumulative......................................................30 .............................31 Section 5.11. Delay or Omission Not a Waiver...................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders.............................................................31 Section 5.13. Waiver of Past Defaults.............................................................31 ....................................32 Section 5.14. Undertaking For Costs...............................................................31 ......................................32 Section 5.15. Waiver of Stay or Extension Laws...............................................................................32 Section 5.16. Rapid Amortization Events...........................................................32 ..................................33 Section 5.17. Sale of Collateral..................................................................33 .........................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.........35

Appears in 1 contract

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-Q)

Limitation of Suits. 29 30 Section 5.08. 5.08 Unconditional Right Rights of Noteholders to Receive Principal and Interest...............................30 ...................31 Section 5.09. 5.09 Restoration of Rights and Remedies..................................................30 ......................................................31 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................30 ..........................................................31 Section 5.11. 5.11 Delay or Omission Not a Waiver......................................................31 ..........................................................32 Section 5.12. 5.12 Control by Credit Enhancer or Noteholders...........................................31 ..................................................................32 Section 5.13. 5.13 Waiver of Past Defaults.............................................................31 .................................................................32 Section 5.14. 5.14 Undertaking For for Costs...............................................................31 ...................................................................32 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................32 Section 5.17. Sale of Collateral..........................................................................................................................33 Section 5.18. 5.16 Action on Notes.........................................................................33 Section 5.17 Performance and Enforcement of Certain Obligations..................................34......................................33

Appears in 1 contract

Samples: Indenture (Cit Ec Ef 2001-A)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 ...............33 Section 5.09. Restoration of Rights and Remedies..................................................30 ..................................33 Section 5.10. Rights and Remedies Cumulative......................................................30 ......................................33 Section 5.11. Delay or Omission Not a Waiver......................................................31 ......................................33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 ...........................33 Section 5.13. Waiver of Past Defaults.............................................................31 .............................................34 Section 5.14. Undertaking For Costs...............................................................31 ...............................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................35 Section 5.16. Rapid Amortization Events...........................................................32 ...........................................35 Section 5.17. Sale of Collateral..................................................................33 ..................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................34..................37

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-F)

Limitation of Suits. 29 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................30 32 Section 5.09. Restoration of Rights and Remedies..................................................30 32 Section 5.10. Rights and Remedies Cumulative......................................................30 33 Section 5.11. Delay or Omission Not a Waiver......................................................31 33 Section 5.12. Control by Credit Enhancer or Noteholders...........................................31 33 Section 5.13. Waiver of Past Defaults.............................................................31 33 Section 5.14. Undertaking For Costs...............................................................31 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 34 Section 5.16. Rapid Amortization Events...........................................................32 34 Section 5.17. Sale of Collateral..................................................................33 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3436

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-K)

Limitation of Suits. 29 30 Section 5.08. Unconditional Right to Receive Principal and Interest.....................................30 Section 5.09. Restoration of Rights and Remedies..................................................30 .........................31 Section 5.10. Rights and Remedies Cumulative......................................................30 .............................31 Section 5.11. Delay or Omission Not a Waiver...................................................................................31 Section 5.12. Control by Credit Enhancer or Noteholders.............................................................31 Section 5.13. Waiver of Past Defaults.............................................................31 ....................................32 Section 5.14. Undertaking For Costs...............................................................31 ......................................32 Section 5.15. Waiver of Stay or Extension Laws...............................................................................32 Section 5.16. Rapid Amortization Events...........................................................32 ..................................33 Section 5.17. Sale of Collateral..................................................................33 .........................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................34.........35

Appears in 1 contract

Samples: Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-G)

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