Common use of Swap Exemption Clause in Contracts

Swap Exemption. Each party hereto represents to the other party on and as of the date hereof and on each date on which a Transaction is entered into between them hereunder, that it is an “eligible contract participant” as defined in the Commodity Exchange Act, as amended.

Appears in 6 contracts

Samples: Master Agreement (NovaStar Certificates Financing CORP), Master Agreement (NovaStar Certificates Financing CORP), Master Agreement (NovaStar Certificates Financing CORP)

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Swap Exemption. Each party hereto represents to the other party on and as of the date hereof and on each date on which a Transaction is entered into between them hereunder, that it is an "eligible contract participant" as defined in Section 1a(12) of the Commodity Exchange Act, as amended.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Wamu Mortgage Pass Through Certificates Series 2001-Ar4), Pooling and Servicing Agreement (Wamu Mortgage Pass Thru Certificate Series 2001-Ar6), Pooling and Servicing Agreement (Wamu Mor Pass Thru Cert Ser 2001-Ar1)

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Swap Exemption. Each party hereto represents to the other party on and as of the date hereof and on each date on which a Transaction is entered into between them hereunder, that it is an "eligible contract participant" as defined in the Commodity Exchange Act, as amended.

Appears in 1 contract

Samples: Master Agreement (Novastar Mortgage Funding Trust, Series 2007-1)

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