Common use of Market Agent Clause in Contracts

Market Agent. (a) If specified for a given Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. as the initial Market Agent, in the form attached xx xxx xxxxxed Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 6 contracts

Samples: Market Agent Agreement (PPLUS Trust Series RRD-1), Market Agent Agreement (Pplus Trust Series GSC-3), Market Agent Agreement (PPlus Trust Series LMG-4)

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Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Lehman Brothers Inc., as the initial Market Agent, in the form attached attachex xx xxx xxxxxed xhe related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 5 contracts

Samples: Lehman Abs Corp, Lehman Abs Corp, Lehman Abs Corp

Market Agent. (a) If specified for a given specific Series, ------------ on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Citicorp Securities, Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 4 contracts

Samples: Elmwood Funding LTD, Elmwood Funding LTD, Elmwood Funding LTD

Market Agent. (a) If specified for a given specific ------------ Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Xxxxxx Brothers Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 3 contracts

Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp)

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Xxxxxx Brothers Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 2 contracts

Samples: Market Agent Agreement (Lehman Abs Corp), Market Agent Agreement (Lehman Abs Corp)

Market Agent. (a) If specified for a given Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. as the initial Market Agent, in the form attached xx tx xxx xxxxxed xexxxxx Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 2 contracts

Samples: Market Agent Agreement (Pplus Trust Series GSC-3), Pplus Trust Series GSC-3

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch Bear Xxxxxxx & Co. Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Series Supplement (Bear Stearns Depositor Inc)

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Xxxxxx Brothers Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor [Depositor] shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Market Agent Agreement (Lehman Abs Corp)

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch Xxxxxxx Xxxxx & Co. as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Merrill Lynch Depositor Inc

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch Xxxxxx Xxxxxx & Co. Company, Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Southpoint Structured Assets Inc

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Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. [____________], as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least [$25,000,000], and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' ’ written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Trust Agreement (Freedom Depository LLC)

Market Agent. (a) If specified for a given Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch Xxxxxxx Xxxxx & Co. as the initial Market Agent, in the form attached xx xxx xxxxxed to the related Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Market Agent Agreement (PPlus Trust Series LMG-4)

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Lehman Brothers Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed attaxxxx xo the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Market Agent Agreement (Lehman Abs Corp)

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch Bear Stearns & Co. Inc., as the initial Market Agent, in the form attached xx xxx xxxxxed related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Bear Stearns Depositor Inc

Market Agent. (a) If specified for a given specific Series, on the ------------ Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Deutsche Banc Alex. Brown, as the initial Market Agent, in the form attached xx xxx xxxxxed to the relatxx Xxries Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Trust Agreement (Db Depositor Inc)

Market Agent. (a) If specified for a given specific Series, on the Closing Date the Trustee shall enter into a Market Agent Agreement with Merrill Lynch & Co. Lehman Brothers Inc., as the initial Market Agent, in the form attached attacxxx xx xxx xxxxxed the related Series Supplement. The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement. The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement. The Market Agent may be removed at any time by the Trustee, acting at the written direction of the Depositor; provided, however, that such removal shall not take effect until the appointment of a successor Market Agent. The Market Agent may resign upon 30 days' written notice delivered to the Trustee. The Depositor Trustee shall use its best efforts to appoint a successor Market Agent that is a qualified institution, effective as of the effectiveness of any such resignation or removal.

Appears in 1 contract

Samples: Select Asset Inc

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