Common use of Local Plan Clause in Contracts

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 4 contracts

Sources: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Long Beach Acceptance Corp), Pooling and Servicing Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S10)

Local Plan. The Buyer is a plan established and maintained by a Statestate, its political subdivisions, or any agency or instrumentality of the State state or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Sources: Trust Agreement (Home Equity Mortgage Trust 2007-1)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. __________ ERISA Plan. The Buyer is an employee benefit plan subject to within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I, Inc. IXIS Real Estate Capital Trust 2006-He1)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amendedamended ("ERISA") and is subject to the fiduciary responsibility provisions of ERISA.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-2)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. __________ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-Sd1)

Local Plan. The Buyer is a plan established -------------------- and maintained by a Statestate, its political subdivisions, or any agency or instrumentality of the State state or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Sources: Owner Trust Agreement (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A)

Local Plan. The Buyer is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees. ______ ERISA Plan. The Buyer is an employee benefit plan subject to within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Sources: Trust Agreement (Residential Resources Inc)