Satisfaction and Discharge of Agreement. (a) Following payment in full of (i) all of the Certificates, (ii) the fees and charges of the Trustee, (iii) all other obligations of the Transferor under the Transaction Documents and (iv) all amounts owing to MBIA under the Insurance Agreement, and the release by the Trustee of the Trust Estate in accordance with Section 5.01(b) hereof, this Agreement shall be discharged and the Trustee shall notify the Rating Agencies thereof.
Appears in 3 contracts
Samples: Trust and Security Agreement (Granite Financial Inc), Trust and Security Agreement (Granite Financial Inc), Trust and Security Agreement (Granite Financial Inc)
