Conditions Precedent and Secured Party’s Rights and Remedies. (i) Illegality and (ii) Additional Termination Events will be a “Specified Condition” for Party A (as the Affected Party) (but not for purposes of Paragraph 8(d)), and (iii) Tax Event and (iv) Tax Event Upon Merger will not be a “Specified Condition for Party A.
Appears in 10 contracts
Sources: Credit Support Annex (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar1), Credit Support Annex (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa3 /DE), Credit Support Annex (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2)
Conditions Precedent and Secured Party’s Rights and Remedies. (i) Illegality and (ii) Additional Termination Events will be a “Specified Condition” "SPECIFIED CONDITION" for Party A (as the Affected Party) (but not for purposes of Paragraph 8(d)), and (iii) Tax Event and (iv) Tax Event Upon Merger will not be a “Specified Condition "SPECIFIED CONDITION for Party A.
Appears in 4 contracts
Sources: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2007-Ff1), Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2007-Ab1), Pooling and Servicing Agreement (Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-3)
Conditions Precedent and Secured Party’s Rights and Remedies. (i) Illegality and (ii) Additional Termination Events will be a “Specified Condition” "SPECIFIED CONDITION" for Party A (as the Affected Party) (but not for purposes of Paragraph 8(d)), and (iii) Tax Event and (iv) Tax Event Upon Merger will not be a “Specified Condition "SPECIFIED CONDITION for Party A.
Appears in 3 contracts
Sources: Credit Support Annex (RAMP Series 2007-Rs1 Trust), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2007-He3), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Ff1)
Conditions Precedent and Secured Party’s Rights and Remedies. (i) Illegality Illegality, (ii) Credit Event Upon Merger, and (ii) Additional Termination Events will be a “Specified Condition” for Party A (as the Affected Party) (but not for purposes of Paragraph 8(d)), and (iiiiv) Tax Event and (ivv) Tax Event Upon Merger will not be a “Specified Condition for Party A.
Appears in 2 contracts
Sources: Rate Cap Transaction (HarborView 2006-11), Rate Swap Transaction (HarborView 2006-11)
Conditions Precedent and Secured Party’s Rights and Remedies. (i) Illegality and (ii) Additional Termination Events Subject to Paragraphs 13(d)(ii), for purposes of the Annex the following events will each be a “Specified Condition” for Party A the party specified (as that party being the Affected Party) (but not for purposes of Paragraph 8(dParty if the event occurs with respect to that party)), and (iii) . Illegality [X] Tax Event and (iv) [ ] Tax Event Upon Merger will not be a “Specified Condition for Party A.[ ] Credit Event Upon Merger [X] Additional Termination Event(s) [X]
Appears in 1 contract
Conditions Precedent and Secured Party’s Rights and Remedies. (i) Illegality Illegality, and (ii) Additional Termination Events will be a “Specified Condition” for Party A (as the Affected Party) (but not for purposes of Paragraph 8(d)), and (iii) Tax Event and (iv) Tax Event Upon Merger will not be a “Specified Condition for Party A.
Appears in 1 contract
Sources: Credit Support Annex (SG Mortgage Securities Trust 2006-Opt2)