Series Trust. The Trust is a series trust pursuant to Sections 3804 and 3806(b)(2) of the Business Trust Statute, and each series shall be a separate series of the Trust within the meaning of Section 3806(b)(2) of the Business Trust Statute. As such, this Agreement is entered into only with respect to the Series of the Trust referred to in the Adoption Annex and the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to the Series referred to in the Adoption Annex shall be enforceable against the assets of the Series referred to in the Adoption Annex only, and not against the assets of the Trust generally, or the assets of any other series.
Appears in 9 contracts
Samples: Sale and Servicing Agreement (Cwabs Inc), Sale and Servicing Agreement (Cwabs Inc), Sale and Servicing Agreement (Cwabs Inc)
Series Trust. The Trust is a series trust pursuant to Sections 3804 and 3806(b)(2) of the Business Statutory Trust Statute, and each series shall be a separate series of the Trust within the meaning of Section 3806(b)(2) of the Business Statutory Trust Statute. As such, this Agreement is entered into only with respect to the Series of the Trust referred to in the Adoption Annex and the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to the Series referred to in the Adoption Annex shall be enforceable against the assets of the Series referred to in the Adoption Annex only, and not against the assets of the Trust generally, or the assets of any other series.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Cwabs Inc Revolving Home Eq Loan Ast Back Notes Ser 2003-D), Sale and Servicing Agreement (Cwabs Inc Revolving Home Eq Ln Asst Back NTS Ser 2004-A), Sale and Servicing Agreement (Cwabs Inc Revolving Hm Equ Ln Asst Back NTS Ser 2003-B)
Series Trust. The Trust is a series trust pursuant to Sections 3804 and 3806(b)(2) of the Business Trust Statute, and each series shall be a separate series of the Trust within the meaning of Section 3806(b)(2) of the Business Trust Statute. As such, this Agreement is entered into only with respect to the Series of the Trust referred to in the Adoption Annex and the debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to the Series referred to in the Adoption Annex shall be enforceable enforcable against the assets of the Series referred to in the Adoption Annex only, and not against the assets of the Trust generally, or the assets of any other series.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Indymac Abs Inc), Sale and Servicing Agreement (Cwabs Inc), Sale and Servicing Agreement (Cwabs Inc Revolving Home Eq Loan Asset BKD Notes Ser 2001-B)
