Special Resolution Regimes. In the event a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) were governed by the laws of the United States or a State of the United States.
Appears in 5 contracts
Samples: Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Trust 2020-C58), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2020-Hr8), Mortgage Loan Purchase Agreement (Wells Fargo Commercial Mortgage Securities Inc)
Special Resolution Regimes. In the event that any party that is a Covered Party Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such party of this Agreement (and any interest and obligation in or under, and any property securing, under this Agreement) from such Covered Party Agreement will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement (and any interest and obligation in or underAgreement, and any property securingsuch interest and obligation, this Agreement) were governed by the laws of the United States or a State state of the United States.
Appears in 3 contracts
Samples: Distribution Agreement (Wells Fargo & Company/Mn), Underwriting Agreement (United Community Banks Inc), Distribution Agreement (Wells Fargo & Company/Mn)
