Trust Collateral Agent to Act. for the Class A Noteholders and Note Insurer. Prior to the payment in full of the Class A Notes and the Reimbursement Obligations and the expiration of the term of the Policy, the Trust Collateral Agent shall act solely for the benefit of the Class A Noteholders, the Demand Note Provider and the Note Insurer, as their interests may appear herein.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp.), Sale and Servicing Agreement (Long Beach Acceptance Corp. Auto Receivables Trust 2004-B), Sale and Servicing Agreement (Long Beach Acceptance Corp)
Trust Collateral Agent to Act. for the Class A Noteholders and Note Insurer. Prior to the payment in full of the Class A Notes and the Reimbursement Obligations and the expiration of the term of the Policy, the Trust Collateral Agent shall act solely for the benefit of the Class A Noteholders, the Demand Note Provider Noteholders and the Note Insurer, as their interests may appear herein.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp), Sale and Servicing Agreement (Long Beach Acceptance Corp)
Trust Collateral Agent to Act. for the Class A Noteholders Noteholders, the Class C Certificateholder and Note Insurer. Prior to the payment in full of the Class A Notes and the Reimbursement Obligations and the expiration of the term of the Policy, the Trust Collateral Agent shall act solely for the benefit of the Class A Noteholders, the Demand Note Provider Class C Certificateholder and the Note Insurer, as their interests may appear herein.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp), Sale and Servicing Agreement (Long Beach Acceptance Corp)
Trust Collateral Agent to Act. for the Class A Noteholders Noteholders, the Class C Certificateholders and Note Insurer. Prior to the payment in full of the Class A Notes and the Reimbursement Obligations and the expiration of the term of the Policy, the Trust Collateral Agent shall act solely for the benefit of the Class A Noteholders, the Demand Note Provider Class C Certificateholders and the Note Insurer, as their interests may appear herein.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-B)
Trust Collateral Agent to Act. for the Class A Noteholders [and Note Insurer]. Prior to the payment in full of the Class A Notes and the Reimbursement Obligations [and the expiration of the term of the Note Policy], the Trust Collateral Agent shall act solely for the benefit of the Class A Noteholders, the Demand Note Provider Noteholders [and the Note Insurer], as their interests may appear herein.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Long Beach Acceptance Corp)
