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construed to be a waiver of any default or to be an acquiescence therein.", "Each of the Liquidity Providers, the <strong>Policy Provider</strong> and the Trustees hereby designates and appoints the Subordination Agent as the Subordination Agent under this Agreement.", "The provisions of this Section do not apply to a suit instituted by the Subordination Agent, a Liquidity Provider, the <strong>Policy Provider</strong> or a Trustee or a suit by Certificateholders holding more than 10% of the original principal amount of any Class of Certificates.", "The successor Subordination Agent shall mail a notice of its succession to the Liquidity Providers, the <strong>Policy Provider</strong> and the Trustees.", "The Trust Accounts shall be held in trust by the Subordination Agent under the sole dominion and control of the Subordination Agent for the benefit of the Trustees, the Certificateholders, the Liquidity Providers and the <strong>Policy Provider</strong>, as the case may be.", "Until 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