Common use of Secured Party and Pledgor Clause in Contracts

Secured Party and Pledgor. Notwithstanding anything contained in this Annex to the contrary, (a) the term "Secured Party" as used in this Annex means only Party B, (b) the term "Pledgor" as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9, and (d) only Party A will be required to make Transfers of Eligible Credit Support hereunder."

Appears in 12 contracts

Samples: Credit Support Annex (RAMP Series 2007-Rs1 Trust), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2007-Ff1), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Ff1)

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Secured Party and Pledgor. Notwithstanding anything contained in this Annex to the contrary, (a) the term "Secured Party" as used in this Annex means only Party B, (b) the term "Pledgor" as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgment in the final sentence of Paragraph 8(a) and the representations in Paragraph 9, and (d) only Party A will be required to make Transfers of Eligible Credit Support hereunder."

Appears in 12 contracts

Samples: Credit Support Annex (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa3 /DE), Rate Cap Transaction (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Oa1), Credit Support Annex (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar1)

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