Common use of Sale of Trust Estate Clause in Contracts

Sale of Trust Estate. (a) The power to effect any Sale of any portion of the Trust Estate pursuant to Section 9.11 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate shall have been sold or all amounts payable on the Notes and under this Agreement with respect thereto, and all Note Insurer Obligations, shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale.

Appears in 2 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)

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Sale of Trust Estate. (a) The power to effect any Sale of any portion of the Trust Estate pursuant to Section 9.11 9.04 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate shall have been sold or all amounts payable on the Notes and under this Agreement Indenture with respect thereto, and all Note Insurer Obligations, thereto shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Oakwood Homes Corp

Sale of Trust Estate. (a) The power to effect any Sale sale (a "Sale") of any portion of the Trust Estate pursuant to Section 9.11 6.04 hereof shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Notes shall have been sold or all amounts payable on the Notes and under this Agreement the Indenture with respect thereto, and all Note Insurer Obligations, thereto shall have been paid. The Indenture Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Microfinancial Inc

Sale of Trust Estate. (a) The power to effect any Sale sale (a "Sale") of any portion of the Trust Estate pursuant to Section 9.11 8.11 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate shall have been sold or all amounts payable on the Notes and under this Agreement with respect thereto, and all Note Insurer Obligations, thereto shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

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Sale of Trust Estate. (a) The power to effect any Sale sale (a "Sale") of any portion of the Trust Estate pursuant to Section 9.11 8.11 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate shall have been sold or all amounts payable on the Notes and under this Agreement with respect thereto, and all Note Insurer Obligations, shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the the. time and place of such Sale.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

Sale of Trust Estate. (a) The power to effect any Sale sale of any portion of the Trust Estate allocated to a Series of Notes pursuant to Section 9.11 6.3 shall not be exhausted by any one or more Sales sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate so allocated shall have been sold or all amounts payable on the Notes and under this Agreement with respect thereto, and all Note Insurer Obligations, of such Series shall have been paid. The Trustee may from time to time time, upon directions in accordance with Section 6.12, postpone any public Sale sale by public announcement made at the time and place of such Salesale.

Appears in 1 contract

Samples: Epic Master Funding (Resort Investment LLC)

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