Common use of Alternative Clause in Contracts

Alternative. The provisions of Paragraph 5 will apply provided the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen.

Appears in 32 contracts

Sources: Isda Master Agreement (Aegis Asset Backed Securities Trust 2005-3), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-3 Asset-Backed Certificates, Series 2005-3), Isda Master Agreement (PHH Alternative Mortgage Trust, Series 2007-3)

Alternative. The provisions of Paragraph 5 will apply provided apply; provided, that the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen.

Appears in 22 contracts

Sources: Isda Master Agreement (CNH Capital Receivables LLC), Isda Master Agreement (CNH Capital Receivables LLC), Isda Master Agreement (CNH Capital Receivables LLC)

Alternative. The provisions of Paragraph 5 will apply apply; provided that the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen.

Appears in 15 contracts

Sources: Credit Support Annex (Securitized Asset Backed Receivables LLC Trust 2006-Cb5), Pooling and Servicing Agreement (Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-W2), Pooling and Servicing Agreement (Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-Wcw3)

Alternative. The provisions of Paragraph 5 will apply provided that the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen.

Appears in 12 contracts

Sources: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Credit Support Annex (Cephalon Inc), Credit Support Annex (TBW Mortgage-Backed Trust Series 2007-2)

Alternative. The provisions of Paragraph 5 will apply apply, provided the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen.

Appears in 3 contracts

Sources: Credit Support Annex (World Omni Auto Receivables Trust 2008-A), Credit Support Annex (World Omni Auto Receivables Trust 2008-B), Credit Support Annex (World Omni Auto Receivables LLC)

Alternative. The provisions of Paragraph 5 will apply provided the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen. .

Appears in 1 contract

Sources: Credit Support Annex (World Omni Auto Receivables Trust 2007-A)

Alternative. The provisions of Paragraph 5 will apply apply, provided that the obligation of the appropriate party to deliver the undisputed amount to the other party will not arise prior to the time that would otherwise have applied to the Transfer pursuant to, or deemed made, under Paragraph 3 if no dispute had arisen.

Appears in 1 contract

Sources: Swap Schedule (ABFC 2007-Wmc1 Trust)