Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.
Appears in 110 contracts
Samples: 2002 Master Agreement (Verizon Master Trust), 2002 Master Agreement (Efcar, LLC), 2002 Master Agreement (Verizon Master Trust)
Transfer Timing. (A) Paragraph 4(b) shall be deleted and replaced in its entirety by the following paragraph: "Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next second Local Business DayDay thereafter; if a demand is made after the Notification Time, Time then the relevant Transfer will be made not later than the close of business on the second third Local Business Day thereafter."
Appears in 26 contracts
Samples: Pooling and Servicing Agreement (Dsla 2007-Ar1), Pooling and Servicing Agreement (HarborView 2006-14), Pooling and Servicing Agreement (HarborView 2006-11)
Transfer Timing. (a) Paragraph 4(b) shall be deleted and replaced in its entirety by the following paragraph: "Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next second Local Business DayDay thereafter; if a demand is made after the Notification Time, Time then the relevant Transfer will be made not later than the close of business on the second third Local Business Day thereafter."
Appears in 23 contracts
Samples: Pooling Agreement (Citicorp Mortgage Securities Inc), Custodial Agreement (Home Equity Mortgage Trust 2005-5), Pooling Agreement (Citicorp Mortgage Securities Inc)
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business DayValuation Date; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second next Local Business Day thereafter.
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar3), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1)
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business DayValuation Date; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.is
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2006-Ff18), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2007-Bc2)
Transfer Timing. (a) Paragraph 4(b) shall be deleted and replaced in its entirety by the following paragraph: “Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next second Local Business DayDay thereafter; if a demand is made after the Notification Time, Time then the relevant Transfer will be made not later than the close of business on the second third Local Business Day thereafter.”
Appears in 3 contracts
Samples: Master Agreement (Accredited Mortgage Loan Trust 2005-2), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl3), Custodial Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2006-1)
Transfer Timing. (A) Paragraph 4(b) shall be deleted and replaced in its entirety by the following paragraph: “Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next second Local Business DayDay thereafter; if a demand is made after the Notification Time, Time then the relevant Transfer will be made not later than the close of business on the second third Local Business Day thereafter.”
Appears in 2 contracts
Samples: www.sec.gov, SG Mortgage Securities Trust 2006-Opt2
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then than the relevant Transfer will be made not later than the close of business on the second Local local Business Day thereafter.
Appears in 1 contract
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.. (c)
Appears in 1 contract
Samples: www.sec.gov
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.close
Appears in 1 contract
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after ISDA(R) 1994 the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.
Appears in 1 contract
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of the business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.
Appears in 1 contract
Samples: Cmgi Inc
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support supply, or Posted posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.
Appears in 1 contract
Samples: American Skiing Co /Me
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Timetime, then the relevant Transfer will be made not no later than the close of business on the second Local Business Day thereafter.
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business business; on the second Local Business Day thereafter.
Appears in 1 contract
Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; , if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of business on the second Local Business Day thereafter.
Appears in 1 contract
Samples: Master Agreement (Amnor Books, Inc)