Common use of Netting of Payments Clause in Contracts

Netting of Payments. The parties agree that subparagraph (ii) of Section 2(c) will apply to each Transaction hereunder.

Appears in 67 contracts

Sources: Novation Agreement, Isda Master Agreement (Residential Asset Securitization Trust 2007-A5), Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-He2)

Netting of Payments. The parties agree that subparagraph Subparagraph (ii) of Section 2(c) will apply to each Transaction hereunder.

Appears in 19 contracts

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

Netting of Payments. The parties agree that subparagraph (ii) of Section 2(c) of this Agreement will apply to each Transaction hereunderTransaction.

Appears in 7 contracts

Sources: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar3), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4)

Netting of Payments. The parties agree that subparagraph (ii) of Section 2(c) will apply to each Transaction hereunderany Transaction.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (GE-WMC Asset-Backed Pass Through Certificates, Series 2005-1)