Common use of Permitted Activities of the Issuing Entity Clause in Contracts

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver on behalf of the Supplemental Interest Trust, and to perform the duties and obligations of the Supplemental Interest Trust under, the Cap Contracts and the Swap Agreement and any other agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver, on behalf of the Issuing Entity, the Cap Contracts, and to execute and deliver on behalf of the Supplemental Interest TrustIssuing Entity, and to perform the duties and obligations of the Supplemental Interest Trust under, the Cap Contracts and the Swap Agreement and Trustee under any other agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve in writingapprove, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver, on behalf of the Issuing Entity, the Cap Contracts, and to execute and deliver on behalf of the Supplemental Interest TrustIssuing Entity, and to perform the duties and obligations of the Supplemental Interest Trust under, the Cap Contracts and the Swap Agreement and Issuing Entity under any other agreement or instrument related theretoto the Cap Contracts, in each case in such form as the Depositor shall direct or shall approve in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver on behalf of the Supplemental Interest TrustIssuing Entity, and to perform the duties and obligations of the Supplemental Interest Trust underIssuing Entity under the Corridor Contract, the Cap Contracts an insurance and the Swap Agreement indemnity agreement with a NIMs Insurer and any other agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver, on behalf of the Issuing Entity, the Cap Contracts, and to execute and deliver on behalf of the Supplemental Interest TrustIssuing Entity, and to perform the duties and obligations of the Supplemental Interest Trust under, Issuing Entity under any agreement or instrument related to the Cap Contracts and the Swap Agreement and any other agreement or instrument related theretoAgreement, in each case in such form as the Depositor shall direct or shall approve in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver on behalf of the Supplemental Interest TrustIssuing Entity, and to perform the duties and obligations of the Supplemental Interest Trust under, the Cap Contracts Issuing Entity under any insurance and the Swap Agreement indemnity agreement with a NIMs Insurer and any other agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.

Permitted Activities of the Issuing Entity. The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities. In furtherance of the foregoing, the Trustee is hereby authorized and directed to execute and deliver on behalf of the Supplemental Interest TrustIssuing Entity, and to perform the duties and obligations of the Supplemental Interest Trust Trustee under, the Cap Contracts and the Swap Agreement and any other agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve in writingapprove, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.