Common use of Matters Relating to the Class Clause in Contracts

Matters Relating to the Class. 2-A3 Certificate Insurance Policy. (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Class 2-A3 Certificateholders shall also be sent, and any report or statement sent by the Master Servicer to the Trustee shall be sent by the Trustee, to the Class 2-A3 Certificate Insurer at the following address: MBIA Insurance Corporation 000 Xxxx Xxxxxx Xxxxxx, Xxx Xxxx 00000 Attention: Insured Portfolio Management - Structured Finance Re: Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2000-1, Class 2-A3 Certificates or such other address as the Class 2-A3 Certificate Insurer may hereafter furnish to the Depositor and the Trustee. (b) Notwithstanding any provision to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the interest of such parties as set forth herein, the Class 2-A3 Certificate Insurer receive the benefit of Sections 4.03, 5.02, 5.07 and 11.15 as an intended third party beneficiary of this Agreement to the extent of such provisions. (c) No purchase of the property of the Trust Fund pursuant to Section 7.01(b) shall occur if such purchase would result in a draw on the Class 2-A3 Certificate Insurance Policy, unless the Class 2-A3 Certificate Insurer has consented to such purchase. (d) All references herein to the rating of the Certificates shall be without regard to the Class 2-A3 Certificate Insurance Policy.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2000-1)

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Matters Relating to the Class. 2-A3 Certificate Insurance Policy. (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Class 2-A3 Certificateholders shall also be sent, and any report or statement sent by the Master Servicer to the Trustee in accordance with the Seller's Warranties and Servicing Agreement shall be sent by the Trustee, to the Class 2-A3 Certificate Insurer at the following address: MBIA Insurance Corporation 000 Xxxx Xxxxxx Xxxxxx, Xxx Xxxx 00000 Attention: Insured Portfolio Management - Structured Finance Re: First Nationwide Trust 1999-1/Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 20001999-1, Class 2-A3 Certificates or such other address as the Class 2-A3 Certificate Insurer may hereafter furnish to the Depositor and the Trustee. (b) Notwithstanding any provision to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the interest of such parties as set forth herein, the Class 2-A3 Certificate Insurer receive the benefit of Sections 4.03, 5.02, 5.07 5.06 and 11.15 11.14 as an intended third party beneficiary of this Agreement to the extent of such provisions. (c) No purchase of the property of the Trust Fund pursuant to Section 7.01(b) shall occur if such purchase would result in a draw on the Class 2-A3 Certificate Insurance Policy, unless the Class 2-A3 Certificate Insurer has consented to such purchase. (d) All references herein to the rating of the Certificates shall be without regard to the Class 2-A3 Certificate Insurance Policy.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 1999 1)

Matters Relating to the Class. 2-A3 Certificate [ ] Note Insurance Policy. (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Class 2-A3 Certificateholders [ ] Noteholders shall also be sent, and any report or statement sent by the Master Servicer to the Indenture Trustee shall be sent by the Indenture Trustee, to the Class 2-A3 Certificate [ ] Note Insurer at the following address: MBIA Insurance Corporation 000 Xxxx Xxxxxx Xxxxxx, Xxx Xxxx 00000 Attention: Insured Portfolio Management - Structured Finance Re: Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2000-1, Class 2-A3 Certificates [ ] [ ] [ ] [ ] or such other address as the Class 2-A3 Certificate [ ] Note Insurer may hereafter furnish to the Depositor and the Indenture Trustee. (b) Notwithstanding any provision to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the interest of such parties as set forth herein, that the Class 2-A3 Certificate [ ] Note Insurer receive the benefit of Sections 4.03, 5.02, 5.07 5.06 and 11.15 9.15 as an intended third party beneficiary of this Agreement to the extent of such provisions. (c) No purchase of the property of the Trust Fund Estate pursuant to Section 7.01(b) shall occur if such purchase would result in a draw on the Class 2-A3 Certificate [ ] Note Insurance Policy, unless the Class 2-A3 Certificate [ ] Note Insurer has consented to such purchase. (d) All references herein to the rating of the Certificates Notes shall be without regard to the Class 2-A3 Certificate [ ] Note Insurance Policy.

Appears in 1 contract

Samples: Sale and Collection Agreement (Aegis Asset Backed Securities Corp)

Matters Relating to the Class. 2-A3 A5 Certificate Insurance Policy. (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Class 2-A3 A5 Certificateholders shall also be sent, and any report or statement sent by the Master Servicer to the Trustee or the Securities Administrator shall be sent by the TrusteeTrustee or the Securities Administrator, as applicable, to the Class 2-A3 A5 Certificate Insurer at the following address: MBIA Insurance Corporation 000 Xxxx Xxxxxx Xxxxxx, Xxx Xxxx 00000 Attention: Insured Portfolio Management - Structured Finance Re: Structured Asset Securities Corporation Mortgage Pass-Pass- Through Certificates, Series 2000-13, Class 2-A3 A5 Certificates or such other address as the Class 2-A3 A5 Certificate Insurer may hereafter furnish to the Depositor Depositor, the Securities Administrator and the Trustee. (b) Notwithstanding any provision to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the interest of such parties as set forth herein, the Class 2-A3 A5 Certificate Insurer receive the benefit of Sections 4.03, 5.02, 5.07 and 11.15 as an intended third party beneficiary of this Agreement to the extent of such provisions. (c) No purchase of the property of the Trust Fund pursuant to Section 7.01(b) shall occur if such purchase would result in a draw on the Class 2-A3 A5 Certificate Insurance Policy, unless the Class 2-A3 A5 Certificate Insurer has consented to such purchase. (d) All references herein to the rating of the Certificates shall be without regard to the Class 2-A3 A5 Certificate Insurance Policy.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Cert Se 2000 3)

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Matters Relating to the Class. 21-A3 A5 Certificate Insurance Policy.. | (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Class 21-A3 A5 Certificateholders shall also be sent, and any report or statement sent by the Master Servicer to the Trustee or the Securities Administrator shall be sent by the TrusteeTrustee or the Securities Administrator, as applicable, to the Class 21-A3 A5 Certificate Insurer at the following address: MBIA Insurance Corporation 000 Xxxx Xxxxxx Xxxxxx113 King Street Armonk, Xxx Xxxx 00000 AttentionNew York 10504 Xxxxxxxxx: Insured Portfolio Management Xxxxxxx Xxxxxxxxx Xxxxxxxxxx - Structured Xxxxxtured Finance Re: Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 20002001-1, Class 21-A3 A5 Certificates or such other address as the Class 21-A3 A5 Certificate Insurer may hereafter furnish to the Depositor Depositor, the Securities Administrator and the Trustee. (b) Notwithstanding any provision to the contrary, the parties to this Agreement agree that it is appropriate, in furtherance of the interest of such parties as set forth herein, the Class 21-A3 A5 Certificate Insurer receive the benefit of Sections 4.03, 5.02, 5.07 and 11.15 as an intended third party beneficiary of this Agreement to the extent of such provisions. (c) No purchase of the property of the Trust Fund pursuant to Section 7.01(b) shall occur if such purchase would result in a draw on the Class 21-A3 A5 Certificate Insurance Policy, unless the Class 21-A3 A5 Certificate Insurer has consented to such purchase. (d) All references herein to the rating of the Certificates shall be without regard to the Class 21-A3 A5 Certificate Insurance Policy.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mort Pass THR Cert Ser 01 1)

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