Common use of Second Method and Market Quotation Clause in Contracts

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. JPMORGAN CHASE BANK, N.A. By: _/s/ Xxxxxx Mock_____________ Name: Xxxxxx Xxxx Title: VP THE BANK OF NEW YORK, not in its individual capacity but solely as securities administrator on behalf of the X.X. Xxxxxx Mortgage Acquisition Trust 2006-CH2 supplemental interest trust By: _/s/ Pei Huang________________ Name: Xxx Xxxxx Title: Assistant Vice President ANNEX A PARAGRAPH 13 TO CREDIT SUPPORT ANNEX to the Schedule to the Master Agreement dated as of December 14, 2006 between JPMorgan Chase Bank, N.A. (“Xxxxxx”) and The Bank of New York, not in its individual capacity but solely as securities administrator on behalf of the X.X. Xxxxxx Mortgage Acquisition Trust 2006-CH2 supplemental interest trust (“Counterparty”) Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (Jpmac 2006-Ch2)

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Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. JPMORGAN CHASE BANK, N.A. By: _/s/ Xxxxxx Mock_________________ Name: Xxxxxx Xxxx Title: VP THE BANK OF NEW YORKX.X. Xxxxxx Alternate Loan Trust 2007-S1 by: Xxxxx Fargo Bank, N.A., not in its individual capacity but solely as securities administrator Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust created under the Pooling and Servicing Agreement relating to the X.X. Xxxxxx Mortgage Acquisition Alternate Loan Trust 20062007-CH2 supplemental interest trust S1 By: _/s/ Pei HuangXxxxxx Reed_________________ Name: Xxx Xxxxx Xxxxxx Xxxx Title: Assistant Vice President ANNEX A PARAGRAPH 13 TO CREDIT SUPPORT ANNEX to the Schedule to the Master Agreement dated as of December 14May 30, 2006 2007 between JPMorgan Chase Bank, N.A. (“Xxxxxx”) and The Bank of New YorkX.X. Xxxxxx Alternate Loan Trust 2007-S1 by: Xxxxx Fargo Bank, N.A., not in its individual capacity but solely as securities administrator Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust created under the Pooling and Servicing Agreement relating to the X.X. Xxxxxx Mortgage Acquisition Alternate Loan Trust 20062007-CH2 supplemental interest trust S1 (“Counterparty”) Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (J.P. Morgan Alternative Loan Trust 2007-S1)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. JPMORGAN CHASE BANK, N.A. By: _______/s/ Xxxxxx Mock_____________ Name: Xxxxxx Xxxx Title: VP THE BANK OF NEW YORKVice President U.S. Bank National Association, not in its individual capacity but solely as securities administrator Supplemental Trust Trustee on behalf of the X.X. Xxxxxx Supplemental Interest Trust created under the Pooling and Servicing Agreement relating to the C-BASS Mortgage Acquisition Trust 2006Loan Asset-CH2 supplemental interest trust Backed Certificates, Series 2007-CB1 By: _/s/ Pei Huang________________ X. Xxxxxxxxxxxxxx Name: Xxx Xxxxx X. Xxxxxxxxxxxxxx Title: Assistant Vice President ANNEX A PARAGRAPH 13 TO CREDIT SUPPORT ANNEX to the Schedule to the Master Agreement dated as of December 14February 7, 2006 2007 between JPMorgan Chase Bank, N.A. (“Xxxxxx”) and The U.S. Bank of New YorkNational Association, not in its individual capacity but solely as securities administrator Supplemental Trust Trustee on behalf of the X.X. Xxxxxx Supplemental Interest Trust created under the Pooling and Servicing Agreement relating to the C-BASS Mortgage Acquisition Trust 2006Loan Asset-CH2 supplemental interest trust Backed Certificates, Series 2007-CB1 (“Counterparty”) Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (C-Bass 2007-Cb1 Trust)

Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. JPMORGAN CHASE BANK, N.A. By: _/s/ Xxxxxx Mock_____________ Xxxxxxxxx X. Xxxx Name: Xxxxxx Xxxxxxxxx X. Xxxx Title: VP THE BANK OF NEW YORKManaging Director and Associate General Counsel HARLEY-DAVIDSON MOTORCYCLE TRUST 2007-3 By: Wilmington Trust Company, not in its individual Individual capacity but solely as securities administrator Owner Trustee on behalf of the X.X. Xxxxxx Mortgage Acquisition Trust 2006-CH2 supplemental interest trust By: _/s/ Pei Huang________________ Xxxxxxxx X. Xxxxx Name: Xxx Xxxxxxxx X. Xxxxx Title: Assistant Vice President ANNEX A PARAGRAPH 13 TO CREDIT SUPPORT ANNEX to the Schedule to the Master Agreement dated as of December 14August 30, 2006 2007 between JPMorgan Chase Bank, N.A. (“Xxxxxx”) and The Bank of New York, not in its individual capacity but solely as securities administrator on behalf of the X.X. Xxxxxx Mortgage Acquisition Harley-Davidson Motorcycle Trust 20062007-CH2 supplemental interest trust 3 (“Counterparty”) Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (Harley-Davidson Motorcycle Trust 2007-3)

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Second Method and Market Quotation. If Second Method and Market Quotation apply, (1) the Counterparty shall pay to Xxxxxx an amount equal to the absolute value of the Settlement Amount in respect of the Terminated Transactions, (2) the Counterparty shall pay to Xxxxxx the Termination Currency Equivalent of the Unpaid Amounts owing to Xxxxxx and (3) Xxxxxx shall pay to the Counterparty the Termination Currency Equivalent of the Unpaid Amounts owing to the Counterparty, provided that, (i) the amounts payable under (2) and (3) shall be subject to netting in accordance with Section 2(c) of this Agreement and (ii) notwithstanding any other provision of this Agreement, any amount payable by Xxxxxx under (3) shall not be netted-off against any amount payable by the Counterparty under (1).” Please confirm your agreement to the terms of the foregoing Schedule by signing below. JPMORGAN CHASE BANK, N.A. By: _______/s/ Xxxxxx Mock_____________ Name: Xxxxxx Xxxx Title: VP THE BANK OF NEW YORKVice President U.S. Bank National Association, not in its individual capacity but solely as securities administrator Supplemental Trust Trustee on behalf of the X.X. Xxxxxx Supplemental Interest Trust created under the Pooling and Servicing Agreement relating to the C-BASS Mortgage Acquisition Trust 2006Loan Asset-CH2 supplemental interest trust Backed Certificates, Series 2007-CB1 By: _/s/ Pei Huang________/s/ S. Christopherson________ Name: Xxx Xxxxx X. Xxxxxxxxxxxxxx Title: Assistant Vice President ANNEX A PARAGRAPH 13 TO CREDIT SUPPORT ANNEX to the Schedule to the Master Agreement dated as of December 14February 7, 2006 2007 between JPMorgan Chase Bank, N.A. (“Xxxxxx”) and The U.S. Bank of New YorkNational Association, not in its individual capacity but solely as securities administrator Supplemental Trust Trustee on behalf of the X.X. Xxxxxx Supplemental Interest Trust created under the Pooling and Servicing Agreement relating to the C-BASS Mortgage Acquisition Trust 2006Loan Asset-CH2 supplemental interest trust Backed Certificates, Series 2007-CB1 (“Counterparty”) Paragraph 13. Elections and Variables

Appears in 1 contract

Samples: Master Agreement (C-Bass 2007-Cb1 Trust)

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