Examples of Additional Collateral Agreements in a sentence
Notwithstanding anything to the contrary in this Agreement, Servicer shall service and administer all Additional Collateral, it being understood and agreed that only Servicer shall service and administer the related securities accounts with respect to Additional Collateral Agreements.
The Additional Collateral Servicer shall service and administer the Securities Accounts and other Additional Collateral, in accordance with (i) prudent business practices and procedures employed in the industry to administer securities accounts and additional collateral similar to that securing the Additional Collateral Mortgage Loans; and (ii) the terms of the related Additional Collateral Agreements.
The Additional Collateral Servicer shall service and administer the Additional Collateral and the Surety Bond in accordance with the provisions of this Schedule V and the related Additional Collateral Agreements.
The Additional Collateral Agreements shall be deemed for all purposes Collateral Agreements under the terms of the Loan Agreement, and the Additional Collateral Deeds of Trust shall be deemed for all purposes Collateral Deeds of Trust under the Loan Agreement, and shall be subject to all of the terms and conditions of the Loan Agreement.
The assignment of the Additional Collateral Agreements shall be evidenced by Borrower's execution and delivery to Lender concurrently herewith of an Assignment of Purchase Agreements in the form of that attached hereto as Exhibit "C" and incorporated herein by this reference (the "Additional Collateral Agreements Assignment").