Examples of Subsequent Contribution Agreement in a sentence
The exhibits attached hereto and referred to herein shall constitute a part of this Subsequent Contribution Agreement and are incorporated into this Subsequent Contribution Agreement for all purposes.
This Subsequent Contribution Agreement may be amended from time to time by the Depositor and the Trust only with the prior written consent of the Note Insurer (or, in the event of a Note Insurer Default, the Majority Holders).
The Depositor and the Trust intend that the conveyance of all right, title and interest in and to the Subsequent Mortgage Loans and related assets described above by the Depositor to the Trust pursuant to this Subsequent Contribution Agreement shall be, and be construed as, a sale of the Subsequent Mortgage Loans from the Depositor to the Trust.
The Sale and Servicing Agreement provides that each such sale of Subsequent Mortgage Loans be evidenced by the execution and delivery of a Subsequent Contribution Agreement such as this Subsequent Contribution Agreement.
This Subsequent Contribution Agreement may be executed in counterparts (and by different parties on separate counterparts), each of which shall be an original, but all of which shall constitute one and the same instrument.
For the purposes of this Subsequent Contribution Agreement, capitalized terms used herein but not otherwise defined shall have the respective meanings assigned to such terms in Appendix I to the Indenture.
The Depositor shall, to the extent consistent with this Subsequent Contribution Agreement, take such reasonable actions as may be necessary to ensure that, if this Subsequent Contribution Agreement were deemed to create a security interest in the Subsequent Mortgage Loans and the other property described above, such interest would be deemed to be a perfected security interest of first priority under applicable law and will be maintained as such throughout the term of this Subsequent Contribution Agreement.
This Subsequent Contribution Agreement will inure to the benefit of and be binding upon the parties hereto, the Note Insurer, the Noteholders, and their respective successors and permitted assigns.
The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Contribution Agreement, the Initial Contribution Agreement and each Subsequent Contribution Agreement.
The Depositor shall provide a blanket endorsement transferring the entire interest of the Depositor and the Interim Eligible Lender Trustee for the benefit of the Depositor in the related Eligible Loans to the Eligible Lender Trustee on behalf of the Trust with the form of endorsement provided for in the Initial Contribution Agreement with respect to the Initial Loans or the Subsequent Contribution Agreement with respect to the Substituted Loans.