Common use of Limitation of Suits Clause in Contracts

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 Section 5.10. Rights and Remedies Cumulative......................................................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.............................................................32 Section 5.14. Undertaking For Costs...............................................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35

Appears in 3 contracts

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

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Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14. Undertaking For Costs...............................................................32 33 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35

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. 30 29 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 30 Section 5.09. Restoration of Rights and Remedies..................................................31 30 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 31 Section 5.14. Undertaking For Costs...............................................................32 31 Section 5.15. Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................33 32 Section 5.17. Sale of Collateral..................................................................34 33 Section 5.18. Performance and Enforcement of Certain Obligations..................................3534

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

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 32 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14. Undertaking For Costs...............................................................32 33 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 35 Section 5.18. Performance and Enforcement of Certain Obligations..................................3536

Appears in 3 contracts

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

Limitation of Suits. 30 29 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 .............................................30 Section 5.09. Restoration of Rights and Remedies..................................................31 ................................................................30 Section 5.10. Rights and Remedies Cumulative......................................................31 ....................................................................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.............................................................32 ...........................................................................31 Section 5.14. Undertaking For Costs...............................................................32 .............................................................................31 Section 5.15. Waiver of Stay or Extension Laws......................................................................................................................32 Section 5.16. Rapid Amortization Events...........................................................33 .........................................................................32 Section 5.17. Sale of Collateral..................................................................34 ................................................................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................35................................................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. 30 Section 5.08. 27 SECTION 5.7 Unconditional Right to Rights of Owners To Receive Principal and Interest...............................31 Section 5.09. ......................28 SECTION 5.8 Restoration of Rights and Remedies..................................................31 Section 5.10. ....................................................28 SECTION 5.9 Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14. ...............................................................29 SECTION 5.13 Undertaking For for Costs...............................................................32 Section 5.15. .................................................................29 SECTION 5.14 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35......................................................30 SECTION 5.15

Appears in 2 contracts

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

Limitation of Suits. 30 37 Section 5.08. 5.07 Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 ..............................................................................38 Section 5.09. 5.08 Restoration of Rights and Remedies..................................................31 ....................................................38 Section 5.10. 5.09 Rights and Remedies Cumulative......................................................31 ........................................................38 Section 5.11. 5.10 Delay or Omission Not a Waiver......................................................31 ........................................................38 Section 5.12. 5.11 Control by Credit Enhancer or By Noteholders...........................................31 ................................................................39 Section 5.13. 5.12 Waiver of Past Defaults.............................................................32 ...............................................................39 Section 5.14. 5.13 Undertaking For for Costs...............................................................32 .................................................................39 Section 5.15. 5.14 Waiver of Stay or Extension Laws....................................................32 ......................................................40 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. 5.15 Sale of CollateralTrust Estate..................................................................34 40 Section 5.18. Performance and Enforcement of Certain Obligations..................................355.16 Action on Notes.......................................................................41

Appears in 2 contracts

Samples: Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-2, Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-2

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 Section 5.10. Rights and Remedies Cumulative......................................................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.............................................................32 Section 5.14. Undertaking For Costs...............................................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35

Appears in 2 contracts

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

Limitation of Suits. 30 Section 5.08. 27 SECTION 5.7 Unconditional Right to Rights of Owners To Receive Principal and Interest...............................31 Section 5.09. ......................28 SECTION 5.8 Restoration of Rights and Remedies..................................................31 Section 5.10. ....................................................28 SECTION 5.9 Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14. ...............................................................29 SECTION 5.13 Undertaking For for Costs...............................................................32 Section 5.15. .................................................................29 SECTION 5.14 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35......................................................29 SECTION 5.15

Appears in 2 contracts

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

Limitation of Suits. 30 29 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ............................................30 Section 5.09. Restoration of Rights and Remedies..................................................31 ..................30 Section 5.10. Rights and Remedies Cumulative......................................................31 ......................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.............................................................32 .............................31 Section 5.14. Undertaking For Costs...............................................................32 ...............................31 Section 5.15. Waiver of Stay or Extension Laws........................................................................32 Section 5.16. Rapid Amortization Events...........................................................33 ...........................32 Section 5.17. Sale of Collateral..................................................................34 ..................................33 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.........................................34

Appears in 1 contract

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

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 .....................................................33 Section 5.09. Restoration of Rights and Remedies..................................................31 ...........................33 Section 5.10. Rights and Remedies Cumulative......................................................31 ...............................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.............................................................32 ......................................35 Section 5.14. Undertaking For Costs...............................................................32 ........................................36 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .............................36 Section 5.16. Rapid Amortization Events...........................................................33 ....................................36 Section 5.17. Sale of Collateral..................................................................34 ...........................................38 Section 5.18. Performance and Enforcement of Certain Obligations..................................35..................................................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. 30 Section 5.08. Unconditional Right to Receive Principal and Interest..............................................31 Section 5.09. Restoration of Rights and Remedies....................................................................................31 Section 5.10. Rights and Remedies Cumulative......................................................31 ......................................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.............................................................32 .............................................34 Section 5.14. Undertaking For Costs...............................................................32 ...............................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................34 Section 5.16. Rapid Amortization Events...........................................................33 ...........................................35 Section 5.17. Sale of Collateral..................................................................34 ..................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35..................37

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest.....................................31 Section 5.09. Restoration of Rights and Remedies...........................................................................31 Section 5.10. Rights and Remedies Cumulative...................................................................................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.................................................................................................32 Section 5.14. Undertaking For Costs.....................................................................................................32 Section 5.15. Waiver of Stay or Extension Laws...............................................................................32 Section 5.16. Rapid Amortization Events.............................................................................................33 Section 5.17. Sale of Collateral...........................................................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations...........................................35

Appears in 1 contract

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

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ...32 Section 5.09. Restoration of Rights and Remedies..................................................31 ......................33 Section 5.10. Rights and Remedies Cumulative......................................................31 ..........................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.............................................................32 .................................34 Section 5.14. Undertaking For Costs...............................................................32 ...................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ........................34 Section 5.16. Rapid Amortization Events...........................................................33 ...............................35 Section 5.17. Sale of Collateral..................................................................34 ......................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35......37

Appears in 1 contract

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

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 32 Section 5.09. Restoration of Rights and Remedies..................................................31 32 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 33 Section 5.14. Undertaking For Costs...............................................................32 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 34 Section 5.16. Rapid Amortization Events...........................................................33 34 Section 5.17. Sale of Collateral..................................................................34 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3536

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 Section 5.10. Rights and Remedies Cumulative......................................................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.............................................................32 Section 5.14. Undertaking For Costs...............................................................32 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 34 Section 5.16. Rapid Amortization Events...........................................................33 34 Section 5.17. Sale of Collateral..................................................................34 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3537

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.0832 SECTION 5.7. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 Section 5.09......................33 SECTION 5.8. Restoration of Rights and Remedies..................................................31 Section 5.10.........................................................33 SECTION 5.9. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14....................................................................34 SECTION 5.13. Undertaking For for Costs...............................................................32 Section 5.15......................................................................34 SECTION 5.14. Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................3535 SECTION 5.15.

Appears in 1 contract

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

Limitation of Suits. 30 ..36 Section 5.085.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 .....................................37 Section 5.095.08. Restoration of Rights and Remedies..................................................31 ........................................................................37 Section 5.105.09. Rights and Remedies Cumulative......................................................31 ............................................................................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.............................................................32 ...................................................................................38 Section 5.13. Undertaking for Costs.....................................................................................38 Section 5.14. Undertaking For Costs...............................................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ..........................................................................38 Section 5.15. Action on Notes...........................................................................................39 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35........................................................39 ARTICLE VI

Appears in 1 contract

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

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14. Undertaking For Costs...............................................................32 33 Section 5.15. Waiver of Stay or Extension Laws....................................................32 33 Section 5.16. Rapid Amortization Events...........................................................33 Section 5.17. Sale of Collateral..................................................................34 35 Section 5.18. Performance and Enforcement of Certain Obligations..................................35

Appears in 1 contract

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

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ........................32 Section 5.09. Restoration of Rights and Remedies..................................................31 ...........................................32 Section 5.10. Rights and Remedies Cumulative......................................................31 ...............................................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.............................................................32 ......................................................33 Section 5.14. Undertaking For Costs...............................................................32 ........................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .............................................34 Section 5.16. Rapid Amortization Events...........................................................33 ....................................................34 Section 5.17. Sale of Collateral..................................................................34 ...........................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35...........................37

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...................................31 Section 5.09. Restoration of Rights and Remedies.........................................................................31 Section 5.10. Rights and Remedies Cumulative.................................................................................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...............................................................................................32 Section 5.14. Undertaking For Costs...............................................................32 ....................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .........................34 Section 5.16. Rapid Amortization Events...........................................................33 ................................34 Section 5.17. Sale of Collateral..................................................................34 .......................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.......36

Appears in 1 contract

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

Limitation of Suits. 30 29 Section 5.085.03. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 .......... 30 Section 5.095.04. Restoration of Rights and Remedies..................................................31 ............................................. 30 Section 5.105.05. Rights and Remedies Cumulative......................................................31 ................................................. 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 5.13. Waiver of Past Defaults.............................................................32 Section 5.145.08. Undertaking For for Costs...............................................................32 .......................................................... 31 Section 5.155.09. Waiver of Stay or Extension Laws................................................................................................... 32 Section 5.165.10. Rapid Amortization Events...........................................................33 Action on Notes................................................................ 32 Section 5.17. Sale of Collateral..................................................................34 Section 5.185.11. Performance and Enforcement of Certain Obligations..................................35............................. 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. 30 Section 5.08. Unconditional Right to Receive Principal and Interest.....................................31 Section 5.09. Restoration of Rights and Remedies...........................................................................31 Section 5.10. Rights and Remedies Cumulative...................................................................................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.................................................................................................32 Section 5.14. Undertaking For Costs...............................................................32 ......................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ...........................34 Section 5.16. Rapid Amortization Events...........................................................33 ..................................34 Section 5.17. Sale of Collateral..................................................................34 .........................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.........36

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ, Inc.)

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ..........................................33 Section 5.09. Restoration of Rights and Remedies..................................................31 .............................................................33 Section 5.10. Rights and Remedies Cumulative......................................................31 .................................................................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.............................................................32 ........................................................................34 Section 5.14. Undertaking For Costs...............................................................32 ..........................................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ...............................................................35 Section 5.16. Rapid Amortization Events...........................................................33 ......................................................................35 Section 5.17. Sale of Collateral..................................................................34 .............................................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.............................................37

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.0836 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 Section 5.09.............................37 SECTION 5.08. Restoration of Rights and Remedies..................................................31 Section 5.10................................................................37 SECTION 5.09. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14...........................................................................38 SECTION 5.13. Undertaking For for Costs...............................................................32 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...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35................................................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. 30 Section 5.08. 5.08 Unconditional Right Rights of Noteholders to Receive Principal and Interest..................................................31 Section 5.09. 5.09 Restoration of Rights and Remedies........................................................................................................31 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................31 ..........................................................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..............................................................................................................................32 Section 5.14. 5.14 Undertaking For for Costs...............................................................32 ...................................................................33 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...................................................................................................................33 Section 5.17. Sale of Collateral..................................................................34 5.16 Action on Notes.........................................................................33 Section 5.18. 5.17 Performance and Enforcement of Certain Obligations..................................35......................................33

Appears in 1 contract

Samples: Indenture (Cit Equipment Collateral 2002-Vt1)

Limitation of Suits. 30 Section 5.0837 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 Section 5.09.............................37 SECTION 5.08. Restoration of Rights and Remedies..................................................31 Section 5.10................................................................37 SECTION 5.09. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14...........................................................................38 SECTION 5.13. Undertaking For for Costs...............................................................32 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...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35................................................39 ARTICLE VI THE INDENTURE TRUSTEE

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest......................................31 Section 5.09. Restoration of Rights and Remedies............................................................................31 Section 5.10. Rights and Remedies Cumulative....................................................................................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..................................................................................................32 Section 5.14. Undertaking For Costs......................................................................................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ............................33 Section 5.16. Rapid Amortization Events..............................................................................................33 Section 5.17. Sale of Collateral............................................................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations............................................35

Appears in 1 contract

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

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Limitation of Suits. 30 Section 5.08. 5.08 Unconditional Right Rights of Noteholders to Receive Principal and Interest..................................................31 Section 5.09. 5.09 Restoration of Rights and Remedies........................................................................................................31 Section 5.10. 5.10 Rights and Remedies Cumulative................................................................................................................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..............................................................................................................................32 Section 5.14. 5.14 Undertaking For for Costs..................................................................................................................................32 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 Section 5.16. Rapid Amortization Events...................................................................................................................33 Section 5.17. Sale of Collateral..................................................................34 5.16 Action on Notes.........................................................................33 Section 5.18. 5.17 Performance and Enforcement of Certain Obligations..................................35......................................33

Appears in 1 contract

Samples: Indenture (Cit Ec Ef 2001-A)

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ...............33 Section 5.09. Restoration of Rights and Remedies..................................................31 ..................................33 Section 5.10. Rights and Remedies Cumulative......................................................31 ......................................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.............................................................32 .............................................34 Section 5.14. Undertaking For Costs...............................................................32 ...............................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................35 Section 5.16. Rapid Amortization Events...........................................................33 ...........................................35 Section 5.17. Sale of Collateral..................................................................34 ..................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35..................37

Appears in 1 contract

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

Limitation of Suits. 30 32 Section 5.08. 5.08 Unconditional Right to Receive Principal and Interest...............................31 ........33 Section 5.09. 5.09 Restoration of Rights and Remedies..................................................31 ...........................33 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................31 ...............................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.............................................................32 ......................................34 Section 5.14. 5.14 Undertaking For Costs...............................................................32 ........................................35 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 .............................35 Section 5.16. 5.16 Rapid Amortization Events...........................................................33 ....................................35 Section 5.17. 5.17 Sale of Collateral..................................................................34 ...........................................37 Section 5.18. 5.18 Performance and Enforcement of Certain Obligations..................................35...........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. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ......30 Section 5.09. Restoration of Rights and Remedies...........................................................................31 Section 5.10. Rights and Remedies Cumulative...................................................................................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.................................................................................................32 Section 5.14. Undertaking For Costs.....................................................................................................32 Section 5.15. Waiver of Stay or Extension Laws...............................................................................32 Section 5.16. Rapid Amortization Events.............................................................................................33 Section 5.17. Sale of Collateral...........................................................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations...........................................35

Appears in 1 contract

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

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ..........................................32 Section 5.09. Restoration of Rights and Remedies..................................................31 .............................................................32 Section 5.10. Rights and Remedies Cumulative......................................................31 .................................................................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.............................................................32 ........................................................................33 Section 5.14. Undertaking For Costs...............................................................32 ..........................................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ...............................................................34 Section 5.16. Rapid Amortization Events...........................................................33 ......................................................................34 Section 5.17. Sale of Collateral..................................................................34 .............................................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.............................................37

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.0836 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 Section 5.09....................................36 SECTION 5.08. Restoration of Rights and Remedies..................................................31 Section 5.10.......................................................................37 SECTION 5.09. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14..................................................................................38 SECTION 5.13. Undertaking For for Costs...............................................................32 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...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.......................................................39 ARTICLE VI The Indenture Trustee

Appears in 1 contract

Samples: Daimlerchrysler Auto Trust 2003-B

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 .............................................32 Section 5.09. Restoration of Rights and Remedies..................................................31 ................................................................32 Section 5.10. Rights and Remedies Cumulative......................................................31 ....................................................................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.............................................................32 ...........................................................................33 Section 5.14. Undertaking For Costs...............................................................32 .............................................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ..................................................................34 Section 5.16. Rapid Amortization Events...........................................................33 .........................................................................34 Section 5.17. Sale of Collateral..................................................................34 ................................................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35................................................36

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest.......................................................................31 Section 5.09. Restoration of Rights and Remedies.............................................................................................................31 Section 5.10. Rights and Remedies Cumulative.....................................................................................................................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...................................................................................................................................32 Section 5.14. Undertaking For Costs.......................................................................................................................................32 Section 5.15. Waiver of Stay or Extension Laws....................................................32 .............................................................33 Section 5.16. Rapid Amortization Events...............................................................................................................................33 Section 5.17. Sale of Collateral.............................................................................................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations.............................................................................35

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.0834 SECTION 5.07. Unconditional Right to Rights of Noteholders To Receive Principal and Interest...............................31 Section 5.09....................36 SECTION 5.08. Restoration of Rights and Remedies..................................................31 Section 5.10.......................................................36 SECTION 5.09. Rights and Remedies Cumulative......................................................31 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.............................................................32 Section 5.14..................................................................36 SECTION 5.13. Undertaking For for Costs...............................................................32 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...........................................................33 Section 5.17. Sale of Collateral..................................................................34 Section 5.18. Performance and Enforcement of Certain Obligations..................................35.......................................37

Appears in 1 contract

Samples: Indenture (DaimlerChrysler Financial Services Americas LLC)

Limitation of Suits. 30 29 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 30 Section 5.09. Restoration of Rights and Remedies..................................................31 30 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 31 Section 5.14. Undertaking For Costs...............................................................32 31 Section 5.15. Waiver of Stay or Extension Laws....................................................32 31 Section 5.16. Rapid Amortization Events...........................................................33 32 Section 5.17. Sale of Collateral..................................................................34 33 Section 5.18. Performance and Enforcement of Certain Obligations..................................3534

Appears in 1 contract

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

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ...............32 Section 5.09. Restoration of Rights and Remedies..................................................31 ..................................32 Section 5.10. Rights and Remedies Cumulative......................................................31 ......................................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.............................................................32 .............................................35 Section 5.14. Undertaking For Costs...............................................................32 ...............................................35 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................35 Section 5.16. Rapid Amortization Events...........................................................33 ...........................................36 Section 5.17. Sale of Collateral..................................................................34 ..................................................37 Section 5.18. Performance and Enforcement of Certain Obligations..................................35..................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. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 .........33 Section 5.09. Restoration of Rights and Remedies..................................................31 ............................33 Section 5.10. Rights and Remedies Cumulative......................................................31 ................................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.............................................................32 .......................................34 Section 5.14. Undertaking For Costs...............................................................32 .........................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ..............................35 Section 5.16. Rapid Amortization Events...........................................................33 .....................................35 Section 5.17. Sale of Collateral..................................................................34 ............................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35............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. 30 Section 5.08. 5.08 Unconditional Right to Receive Principal and Interest..................................... 31 Section 5.09. 5.09 Restoration of Rights and Remedies........................................................................... 31 Section 5.10. 5.10 Rights and Remedies Cumulative......................................................31 ............................. 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................................................................................................. 32 Section 5.14. 5.14 Undertaking For Costs...............................................................32 ...................................... 33 Section 5.15. 5.15 Waiver of Stay or Extension Laws....................................................32 ........................... 33 Section 5.16. 5.16 Rapid Amortization Events............................................................................................. 33 Section 5.17. 5.17 Sale of Collateral........................................................................................................... 34 Section 5.18. 5.18 Performance and Enforcement of Certain Obligations........................................... 35

Appears in 1 contract

Samples: Custodial Agreement (CWHEQ, Inc.)

Limitation of Suits. 30 31 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ...........................32 Section 5.09. Restoration of Rights and Remedies..................................................31 ..............................................32 Section 5.10. Rights and Remedies Cumulative......................................................31 ..................................................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.............................................................32 .........................................................33 Section 5.14. Undertaking For Costs...............................................................32 ...........................................................34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ................................................34 Section 5.16. Rapid Amortization Events...........................................................33 .......................................................34 Section 5.17. Sale of Collateral..................................................................34 ..............................................................36 Section 5.18. Performance and Enforcement of Certain Obligations..................................35..............................36

Appears in 1 contract

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

Limitation of Suits. 30 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 Section 5.09. Restoration of Rights and Remedies..................................................31 Section 5.10. Rights and Remedies Cumulative......................................................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.............................................................32 34 Section 5.14. Undertaking For Costs...............................................................32 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 34 Section 5.16. Rapid Amortization Events...........................................................33 35 Section 5.17. Sale of Collateral..................................................................34 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3537

Appears in 1 contract

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

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 33 Section 5.09. Restoration of Rights and Remedies..................................................31 33 Section 5.10. Rights and Remedies Cumulative......................................................31 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.............................................................32 34 Section 5.14. Undertaking For Costs...............................................................32 34 Section 5.15. Waiver of Stay or Extension Laws....................................................32 35 Section 5.16. Rapid Amortization Events...........................................................33 35 Section 5.17. Sale of Collateral..................................................................34 36 Section 5.18. Performance and Enforcement of Certain Obligations..................................3537

Appears in 1 contract

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

Limitation of Suits. 30 32 Section 5.08. Unconditional Right to Receive Principal and Interest...............................31 ...............33 Section 5.09. Restoration of Rights and Remedies..................................................31 ..................................33 Section 5.10. Rights and Remedies Cumulative......................................................31 ......................................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.............................................................32 .............................................35 Section 5.14. Undertaking For Costs...............................................................32 ...............................................36 Section 5.15. Waiver of Stay or Extension Laws....................................................32 ....................................36 Section 5.16. Rapid Amortization Events...........................................................33 ...........................................36 Section 5.17. Sale of Collateral..................................................................34 ..................................................38 Section 5.18. Performance and Enforcement of Certain Obligations..................................35..................38 ARTICLE VI The Indenture Trustee 39

Appears in 1 contract

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

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