Common use of Posted Collateral Clause in Contracts

Posted Collateral. The definition of Posted Collateral shall be amended by inserting the words “received by Party B and” after “Interest Amount (or portion thereof)”.

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)

Posted Collateral. The definition of Posted Collateral shall will be amended by inserting the words “received by Party B and” after “Any Interest Amount (or portion thereof)”. (i) Additional Representation(s). There are no additional representations by either party.

Appears in 1 contract

Sources: Credit Support Annex (CWABS Asset-Backed Certificates Trust 2007-13)

Posted Collateral. The definition of Posted Collateral shall be amended by inserting the words “received by the Secured Party B and” after “Any Interest Amount (or portion thereof)”.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2007-Hf2)