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)
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
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)
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)