Series Trust Estates Clause Samples
Series Trust Estates. In order to secure the due and punctual payment of the principal of and interest on the Notes of the related Series and all other Series Secured Obligations of the related Series when and as the same shall become due and payable, whether as scheduled, by declaration of acceleration, prepayment or otherwise, according to the terms of this Master Agreement, the related Series Supplement and the related Notes, the Obligors, shall
Series Trust Estates. In order to secure the due and punctual payment of the principal of and interest on the Notes of the related Series and all other Series Secured Obligations of the related Series when and as the same shall become due and payable, whether as scheduled, by declaration of acceleration, prepayment or otherwise, according to the terms of this Master Agreement, the related Series Supplement and the related Notes, the related Series Obligors, pursuant to the related Series Supplement, shall pledge the related Series Trust Estate to the Trustee, all for the benefit of the Trustee for the benefit of the Holders of the Notes of the related Series and the other Series Secured Parties.