Common use of Swap Counterparty Clause in Contracts

Swap Counterparty. The counterparty to the Trust either (a) entitled to receive payments from the Trust or (b) required to make payments to the Trust, in either case pursuant to the terms of the Swap Agreement, and any successor in interest or assign. Initially, the Swap Counterparty shall be Bear Xxxxxxx Financial Products Inc.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Aegis Asset Backed Securities Trust 2005-1), Transfer and Servicing Agreement (Aegis Asset Backed Securities Trust 2005-2)

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Swap Counterparty. The counterparty to the Trust either (a) entitled to receive payments from the Trust or (b) required to make payments to the Trust, in either case pursuant to the terms of the Swap AgreementAgreements, and any successor in interest or assign. Initially, the Swap Counterparty shall be Bear Xxxxxxx Financial Products Inc.[ ].]

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (TBALT Corp.), Transfer and Servicing Agreement (HMB Acceptance Corp.)

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