Common use of Local Plan Clause in Contracts

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Ownit Mortgage Loan Trust, Series 2005-5), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S10), Pooling and Servicing Agreement (Long Beach Acceptance Corp)

Local Plan. The Buyer is a plan established -------------------- and maintained by a Statestate, its political subdivisions, or any agency or instrumentality of the State state or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Samples: Owner Trust Agreement (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Samples: Trust Agreement (Residential Resources Inc)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. __________ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-Sd1)

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Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amendedamended ("ERISA") and is subject to the fiduciary responsibility provisions of ERISA.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-2)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. __________ ERISA Plan. The Buyer is an employee benefit plan subject to within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I, Inc. IXIS Real Estate Capital Trust 2006-He1)

Local Plan. The Buyer is a plan established and maintained by a Statestate, its political subdivisions, or any agency or instrumentality of the State state or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Samples: Trust Agreement (Home Equity Mortgage Trust 2007-1)

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