Common use of Protection of Certificateholders' Rights Clause in Contracts

Protection of Certificateholders' Rights. The Servicer will take no action which would impair the rights of any Beneficiary in any Receivable or Trust Asset, except as provided in this Agreement.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Muehlstein Holding Corp), Pooling and Servicing Agreement (Muehlstein Holding Corp), Pooling and Servicing Agreement (Elder Beerman Stores Corp)

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Protection of Certificateholders' Rights. The Servicer will take no action which would impair the rights of any Beneficiary Certificateholders in any Receivable or Trust Asset, except as provided in this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Wheeling Pittsburgh Corp /De/), Pooling and Servicing Agreement (Dell Computer Corp)

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