Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 89 contracts
Samples: 2002 Master Agreement (Verizon Master Trust), 2002 Master Agreement (Efcar, LLC), 2002 Master Agreement (Verizon Master Trust)
Security Interest. Each party, as the Pledgor, The Pledgor hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off Off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 55 contracts
Samples: Master Agreement (J.P. Morgan Alternative Loan Trust 2006-A6), Master Agreement (Jpmac 2006-Rm1), Master Agreement (Jpmac 2007-Ch1)
Security Interest. Each party, as the Pledgor, The Pledgor hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, in and lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 8 contracts
Samples: Master Agreement (World Financial Network Credit Card Master Trust), Master Agreement (World Financial Network Credit Card Master Trust), Master Agreement (World Financial Network Credit Card Master Trust)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, Obligations and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of or Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 7 contracts
Samples: Master Agreement (Murphy Wendell H), Master Agreement (NovaStar Certificates Financing CORP), Master Agreement (NovaStar Certificates Financing CORP)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 6 contracts
Samples: Master Agreement (BNC Mortgage Loan Trust 2007-1), Lehman Brothers Special Financing (CWABS Asset-Backed Certificates Trust 2007-12), Agreement (CWABS Asset-Backed Certificates Trust 2007-13)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further father action by either party.
Appears in 5 contracts
Samples: Master Agreement (TBW Mortgage-Backed Trust Series 2006-4), Master Agreement (Aegis Asset Backed Securities Trust 2005-3), Master Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, Obligations and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 3 contracts
Samples: Centerline Holding Co, www.sandag.org, Master Agreement (Criimi Mae Inc)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, Obligations and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of or Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.. Paragraph 3. Credit Support Obligations
Appears in 2 contracts
Samples: Master Agreement (Yuen Henry C), Master Agreement (Imc Global Inc)
Security Interest. Each party, as the PledgorPledger, hereby pledges to the other partypxxxx, as xs the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 2 contracts
Samples: ML-CFC Commercial Mortgage Trust 2006-4, ML-CFC Commercial Mortgage Trust 2006-4
Security Interest. Each party, as the Pledgor, The Pledgor hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off Off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder herein on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 2 contracts
Samples: Master Agreement (Arcos Dorados Holdings Inc.), Master Agreement (Matria Healthcare Inc)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.. EXECUTION
Appears in 2 contracts
Samples: Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4), Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)
Security Interest. Each party, as the Pledgor, The Pledgor hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.”
Appears in 2 contracts
Samples: Rate Cap Agreement (America First Multifamily Investors, L.P.), Rate Cap Agreement (America First Tax Exempt Investors Lp)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 1 contract
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.. Paragraph 3. Credit Support Obligations
Appears in 1 contract
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.. Reference No. 1690092814205752
Appears in 1 contract
Samples: Rate Cap Agreement (America First Multifamily Investors, L.P.)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligationsobligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off Setoff against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 1 contract
Samples: Disclosure Agreement
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.. DB1/ 97256732.2 ISDA®1994
Appears in 1 contract
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the 36 37 security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.
Appears in 1 contract
Samples: Master Agreement (Campbell Strategic Allocation Fund Lp)
Security Interest. Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.. Paragraph 1. ____Credit Support Obligations
Appears in 1 contract
