Conduit Bonds Sample Clauses

Conduit Bonds. Section 3.15(a) of the Disclosure Schedule sets forth a true and correct list of all Conduit Bonds held by the Companies as of September 30, 2006, and such list contains, with respect to each Conduit Bond, the following information: (i) the outstanding principal balance, together with information on (A) the applicable maturity date, (B) the coupon rate, (C) the identity of the issuer and (D) which entity such Conduit Bond is held in; (ii) whether such Conduit Bond is subject to the Intercreditor Agreements (such Conduit Bonds, together with the Bonds underlying Residual Interests identified in clause (b)(ii)(E) below, collectively referred to as the “Intercreditor Bonds”). The information provided in the Disclosure Schedule pursuant to this Section 3.15(a) shall be updated as of two (2) Business Days prior to Closing.