Common use of Standby Issuer Clause in Contracts

Standby Issuer. The secured party agrees that, in accordance with the Acknowledgment Agreement, it will obtain the services of one or more Xxxxxx Xxx-approved Issuers (“Standby Issuer”) that at all times will meet Xxxxxx Xxx eligibility requirements upon the transfer of the portfolio to such Standby Issuer. The secured party must obtain the services of one or more Standby Issuers and submit with the application to Xxxxxx Xxx an Exhibit B to the Acknowledgment Agreement completed and signed by each Standby Issuer.

Appears in 2 contracts

Samples: Acknowledgment Agreement, Acknowledgment Agreement

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Standby Issuer. The secured party agrees that, in accordance with the Acknowledgment Agreement, it will obtain the services of one or more Xxxxxx XxxMae-approved Issuers ("Standby Issuer") that at all times will meet Xxxxxx Xxx eligibility requirements upon the transfer of the portfolio to such Standby Issuer. The secured party must obtain the services of one or more Standby Issuers and submit with the application to Xxxxxx Xxx Mae an Exhibit B to the Acknowledgment Agreement completed and signed by each Standby Issuer.

Appears in 1 contract

Samples: Acknowledgment Agreement

Standby Issuer. The secured party agrees that, in accordance with the Acknowledgment Agreement, it will obtain the services of one or more Xxxxxx Xxx-approved Issuers (“Standby Issuer”) that at all times will meet Xxxxxx Xxx eligibility requirements upon the transfer of the portfolio to such Standby Issuer. The secured party must obtain the services of one or more Standby Issuers and submit with the application to Xxxxxx Xxx Mae an Exhibit B to the Acknowledgment Agreement completed and signed by each Standby Issuer.

Appears in 1 contract

Samples: Acknowledgment Agreement

Standby Issuer. The secured party agrees that, in accordance with the Acknowledgment Agreement, it will obtain the services of one or more Xxxxxx XxxMae-approved Issuers (“Standby Issuer”) that at all times will meet Xxxxxx Xxx eligibility requirements upon the transfer of the portfolio to such Standby Issuer. The secured party must obtain the services of one or more Standby Issuers and submit with the application to Xxxxxx Xxx Mae an Exhibit B to the Acknowledgment Agreement completed and signed by each Standby Issuer.

Appears in 1 contract

Samples: Acknowledgment Agreement

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Standby Issuer. The secured party agrees that, in accordance with the Acknowledgment Agreement, it will obtain the services of one or more Xxxxxx Xxx-approved Issuers issuers (“Standby Issuer”) that at all times will meet Xxxxxx Xxx eligibility requirements upon the transfer of the portfolio to such Standby Issuer. The secured party must obtain the services of one or more Standby Issuers and submit with the application to Xxxxxx Xxx an Exhibit B to the Acknowledgment Agreement completed and signed by each Standby Issuer.

Appears in 1 contract

Samples: Acknowledgment Agreement

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