Examples of Credit Enhancement Agreement in a sentence
The Master Servicer, the Trustee and the Sellers shall promptly enter into any such successor Credit Enhancement Agreement, and the Master Servicer shall use its best efforts to secure the signature of any other required party to such agreement.
The interest of the Credit Enhancement Provider in the Credit Enhancement Account shall be subordinated to the interests of the Certificateholders to the extent provided herein and in the Credit Enhancement Agreement.
It has long been understood that, after initial training, safely operating a motorcycle is more of a mental skill than a physical skill.That is why the MRM Program focuses on the “90% between the ears” part of riding instead of the “10% between the legs.” It aims at making experienced motorcyclists more aware of methods to deal with the hazards they face in a variety of situations.
Thereafter, the Additional Credit Support Amount, if any, shall be returned by the Trustee as administrator of the Credit Enhancement in accordance with the Credit Enhancement Agreement.
On each Distribution Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Distribution Date on funds on deposit in the Credit Enhancement Account shall be paid to the Trustee as administrator of the Credit Enhancement for application in accordance with the provisions of the Credit Enhancement Agreement.