Examples of Class A-2FL Swap Counterparty in a sentence
A copy of such instrument shall be delivered to the Master Servicer, the Special Servicer, the Class A-2FL Swap Counterparty, the Class A-JFL Swap Counterparty, the REMIC Administrator and the Certificateholders by the Depositor.
Each Companion Loan Holder (and any designees thereof acting on behalf of or exercising the rights of such Companion Loan Holder) and (subject to any limited recourse provisions contained in the Class A-2FL Swap Contract or the Class A-MFL Swap Contract) the Class A-2FL Swap Counterparty and the Class A-MFL Swap Counterparty shall be third-party beneficiaries to this Agreement with respect to their rights as specifically provided for herein and may directly enforce such rights.
The Companion Loan Holder related to a Whole Loan and any designees thereof acting on behalf of or exercising the rights of such Companion Loan Holder and, subject to any limited recourse provisions contained in the Class A-2FL Swap Contract or the Class A-JFL Swap Contract, the Class A-2FL Swap Counterparty and the Class A-JFL Swap Counterparty shall be third-party beneficiaries to this Agreement with respect to their rights as specifically provided for herein and may directly enforce such rights.
A copy of such instrument shall be delivered to the Master Servicer, the Special Servicer, the Class A-2FL Swap Counterparty, the Class A-MFL Swap Counterparty, the REMIC Administrator and the Certificateholders by the Depositor.
The Depositor, as of the Closing Date, and concurrently with the execution and delivery hereof, does hereby assign without recourse all the right, title and interest of the Depositor in and to the Class A-2FL Regular Interest and Class A-MFL Regular Interest to the Swap Trustee for the benefit of the Holders of the Class A-2FL and Class A-MFL Certificates, respectively, and the Class A-2FL Swap Counterparty and Class A-MFL Swap Counterparty, respectively.
The Paying Agent agrees to give the Swap Counterparty prompt notice if it obtains knowledge that the Class A-2FL Swap Counterparty Collateral Account or any funds on deposit therein or otherwise to the credit of the Class A-2FL Swap Counterparty Collateral Account, shall become subject to any writ, order, judgment, warrant of attachment, execution or similar process.
They are usually provided as a way to estimate the value of drug seizures and the number of doses kept off the streets when a shipment is intercepted by authorities.
The Paying Agent shall deposit all collateral received from the Swap Counterparty under any Credit Support Annex (as defined in the Class A-2FL Swap Contract) of the Class A-2FL Swap Contract into the Class A-2FL Swap Counterparty Collateral Account.
Funds credited to the Class A-2FL Swap Counterparty Collateral Account shall be applied as contemplated in the Class A-2FL Swap Contract.