Expense Event. (a) In the event that the Trustee incurs Extraordinary Trust Expense in an aggregate amount exceeding the Trigger Amount and neither the Swap Counterparty nor the Unitholders have provided adequate assurance of indemnity to the Trustee in accordance with the terms of paragraph (b) or paragraph (c), as applicable, of this Section (such event, an "Excess Expense Event"), the Trust shall terminate as provided in Section 9.01.
Appears in 4 contracts
Samples: Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp)
Expense Event. (a) In the event that the Trustee incurs Extraordinary Trust Expense in an aggregate amount exceeding the Trigger Amount and neither the Swap Counterparty nor the Unitholders Holders have provided adequate assurance of indemnity to the Trustee in accordance with the terms of paragraph (b) or paragraph (c), as applicable, of this Section (such event, an "Excess Expense Event"), the Trust shall terminate as provided in Section 9.01.
Appears in 3 contracts
Samples: Trust Agreement (Comcertz Abs Corp), Trust Agreement (Comcertz Abs Corp), Comcertz Abs Corp
