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 Issuing Entity, and to perform the duties and obligations of the Trustee under any agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Ab1), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
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 Issuing EntitySupplemental Interest Trust, and to perform the duties and obligations of the Trustee under 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 approveapprove in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Rm4), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Rm5)
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 Issuing Entity, and to perform the duties and obligations of the Trustee Issuing Entity under any agreement or instrument related theretoto the Cap Contracts, in each case in such form as the Depositor shall direct or shall approveapprove in writing, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2006-Bc2), Pooling and Servicing Agreement (Mortgage Loan Asset-Backed Certificates, Series 2006-Ab2)
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 Issuing Entity, and to perform the duties and obligations of the Trustee under under, the Cap Contracts and any other agreement or instrument related thereto, in each case in such form as the Depositor shall direct or shall approve, the execution and delivery of any such agreement by the Depositor to be conclusive evidence of its approval thereof.
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