Common use of Use of Posted Collateral Clause in Contracts

Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).

Appears in 14 contracts

Samples: Credit Support Annex, Isda Master Agreement (Nissan Auto Receivables Corp Ii), Isda Master Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

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Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not have any right to use the Posted Collateral or take any action specified in such Section Paragraph 6(c).

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar4), Pooling and Servicing Agreement (Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-2)

Use of Posted Collateral. The provisions of Paragraph 6(c) of the Credit Support Annex will not apply to Secured Party and without prejudice to Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).

Appears in 2 contracts

Samples: Isda Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D), Isda Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D)

Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to Secured Party’s 's rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).

Appears in 2 contracts

Samples: Credit Support Annex (RAAC Series 2006-Sp4 Trust), Isda Schedule to Master Agreement (Vw Credit Leasing LTD)

Use of Posted Collateral. The provisions of Paragraph 6(c) of the Credit Support Annex will not apply to Secured Party and without prejudice to Secured Party’s 's rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-A), Isda Master Agreement (Popular ABS Mortgage Pass-Through Trust 2006-A)

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Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to Secured Party and without prejudice to a Secured Party’s rights under Paragraph 8 of the Credit Support Annex, Secured Party will not take any action specified in such Section 6(c).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Natixis Real Estate Capital Trust 2007-He2)

Use of Posted Collateral. The provisions pxxxxxions of Paragraph 6(c) will not apply to Secured Party and without prejudice to the Secured Party’s rights under Paragraph 8 of ; therefore, the Credit Support Annex, Secured Party will not take have any action of the rights specified in such Section 6(cParagraph 6(c)(i) or 6 (c).

Appears in 1 contract

Samples: Isda Master Agreement (Banc of America Funding 2007-5 Trust)

Use of Posted Collateral. The provisions pxxxxxions of Paragraph 6(c) will not apply to Secured Party and without prejudice to the Secured Party’s rights under Paragraph 8 ; therefore, Party B will not have any of the Credit Support Annex, Secured Party will not take any action rights specified in such Section 6(cParagraph 6(c)(i) or 6 (c)(ii).

Appears in 1 contract

Samples: Isda Master Agreement (Banc of America Funding 2007-B Trust)

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