Common use of Termination of Proceedings Clause in Contracts

Termination of Proceedings. 6-11 Section 6.13 Waiver of Defaults and Events of Default.................................................6-12 Section 6.14 Inspection of Books and Records..........................................................6-12 ARTICLE SEVEN FIDUCIARIES.......................................................................................7-1 Section 7.1 Acceptance of the Trustee.................................................................7-1 Section 7.2 Fees, Charges and Expenses of the Trustee, Paying Agents, Note Registrar, Authenticating Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers.................................................................7-3 Section 7.3 Notice to Beneficiaries if Default Occurs.................................................7-4 Section 7.4 Intervention by Trustee...................................................................7-4 Section 7.5 Successor Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries..7-4 Section 7.6 Resignation by Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries..............................................................................7-5 Section 7.7 Removal of Trustee........................................................................7-5 Section 7.8 Appointment of Successor Trustee..........................................................7-5 Section 7.9 Concerning any Successor Trustee..........................................................7-6 Section 7.10 Trustee Protected in Relying Upon Resolutions, Etc........................................7-6 Section 7.11 Successor Trustee as Custodian of Funds...................................................7-6 Section 7.12 Co-Trustee................................................................................7-6 Section 7.13 Corporate Trustee Required; Eligibility; Disqualification.................................7-8 Section 7.14 Preferential Collection of Claims Against Corporation.....................................7-9 Section 7.15 Statement by Trustee of Funds and Accounts and Other Matters..............................7-9 Section 7.16 Trustee, Authenticating Agent, Note Registrar, Paying Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers May Buy, Hold, Sell or Deal in Notes.....................................................................7-9 Section 7.17 Authenticating Agent and Paying Agents; Paying Agents To Hold Moneys in Trust.............7-9 Section 7.18 Removal of Authenticating Agent and Paying Agents; Successors............................7-10 Section 7.19 Appointment and Qualifications of Deposit Agents.........................................7-11 Section 7.20 Appointment and Qualifications of Depositaries...........................................7-11 Section 7.21 Remarketing Agents.......................................................................7-13 Section 7.22 Qualifications of Remarketing Agents.....................................................7-13 ARTICLE EIGHT SUPPLEMENTAL INDENTURES...........................................................................8-1 Section 8.1 Supplemental Indentures Not Requiring Consent of Beneficiaries............................8-1 Section 8.2 Supplemental Indentures Requiring Consent of Beneficiaries................................8-2 Section 8.3 Rights of Trustee.........................................................................8-3 Section 8.4 Rating Agency Confirmation Required Prior to Execution of Supplemental Indenture..........8-3 Section 8.5 Consent of Depositaries...................................................................8-3 Section 8.6 Consent of Remarketing Agents.............................................................8-3 Section 8.7 Consent of Auction Agents.................................................................8-4 Section 8.8 Consent of Broker-Dealers.................................................................8-4 Section 8.9 Conformity With Trust Indenture Act.......................................................8-4

Appears in 1 contract

Samples: Education Loans Inc /De

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Termination of Proceedings. 6-11 13 Section 6.13 6.13. Waiver of Defaults and Events of Default................................................................6-12 13 Section 6.14 6.14. Inspection of Books and Records..................................................................................6-12 14 ARTICLE SEVEN -- FIDUCIARIES......................................................................................................................................7-1 Section 7.1 7.1. Acceptance of the Trustee................................................................................................7-1 Section 7.2 7.2. Fees, Charges and Expenses of the Trustee, Paying Agents, Note Registrar, Authenticating Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers........................................................................................7-3 4 Section 7.3 7.3. Notice to Beneficiaries if Default Occurs................................................................7-4 Section 7.4 7.4. Intervention by Trustee....................................................................................................7-4 5 Section 7.5 7.5. Successor Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries...................7-4 5 Section 7.6 7.6. Resignation by Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries......................................................................................................................7-5 Section 7.7 7.7. Removal of Trustee..............................................................................................................7-5 6 Section 7.8 7.8. Appointment of Successor Trustee..................................................................................7-5 6 Section 7.9 7.9. Concerning any Successor Trustee..................................................................................7-6 7 Section 7.10 7.10. Trustee Protected in Relying Upon Resolutions, Etc......................................... ...................................................7-6 7 Section 7.11 7.11. Successor Trustee as Custodian of Funds................................................................... 7-6 7 Section 7.12 7.12. Co-Trustee..............................................................................................................................7-6 7 Section 7.13 7.13. Corporate Trustee Required; Eligibility; Disqualification.........................................................................7-8 9 Section 7.14 7.14. Preferential Collection of Claims Against Corporation.................................................................................7-9 10 Section 7.15 7.15. Statement by Trustee of Funds and Accounts and Other Matters....................................................................7-9 10 Section 7.16 7.16. Trustee, Authenticating Agent, Note Registrar, Paying Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers May Buy, Hold, Sell or Deal in Notes...............................................................................................................7-9 10 Section 7.17 7.17. Authenticating Agent and Paying Agents; Paying Agents To Hold Moneys in Trust...............................7-9 11 Section 7.18 7.18. Removal of Authenticating Agent and Paying Agents; Successors......................................................7-10 12 Section 7.19 7.19. Appointment and Qualifications of Deposit Agents................................................7-11 12 Section 7.20 7.20. Appointment and Qualifications of Depositaries...........................................7-11 Section 7.21 Remarketing Agents................................................................................7-13 Section 7.22 7.21. Remarketing Agents.....................................7-15 Section 7.22. Qualifications of Remarketing Agents........................................................................7-13 15 ARTICLE EIGHT -- SUPPLEMENTAL INDENTURES..............................................................................................................8-1 Section 8.1 8.1. Supplemental Indentures Not Requiring Consent of Beneficiaries....................................................................8-1 Section 8.2 8.2. Supplemental Indentures Requiring Consent of Beneficiaries........................................................................8-2 Section 8.3 8.3. Rights of Trustee................................................................................................................8-3 Section 8.4 8.4. Opinion and Rating Agency Confirmation Approval Required Prior to Execution of Supplemental Indenture...............................8-3 4 Section 8.5 8.5. Consent of Depositaries....................................................................................................8-3 4 Section 8.6 8.6. Consent of Remarketing Agents........................................................................................8-3 4 Section 8.7 8.7. Consent of Auction Agents................................................................................................8-4 Section 8.8 8.8. Consent of Broker-Dealers................................................................................................8-4 Section 8.9 8.9. Conformity With Trust Indenture Act............................................................................8-45

Appears in 1 contract

Samples: Participation Agreement (Education Loans Inc /De)

Termination of Proceedings. 6-11 13 Section 6.13 6.13. Waiver of Defaults and Events of Default............................................................ 6-12 13 Section 6.14 6.14. Inspection of Books and Records.............................................................................. 6-12 14 ARTICLE SEVEN -- FIDUCIARIES............................................................................................................................. 7-1 Section 7.1 7.1. Acceptance of the Trustee........................................................................................... 7-1 Section 7.2 7.2. Fees, Charges and Expenses of the Trustee, Paying Agents, Note Registrar, Authenticating Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers................................................................................... 7-3 4 Section 7.3 7.3. Notice to Beneficiaries if Default Occurs........................................................... 7-4 Section 7.4 7.4. Intervention by Trustee............................................................................................... 7-4 5 Section 7.5 7.5. Successor Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries.............. 7-4 5 Section 7.6 7.6. Resignation by Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries................................................................................................................. 7-5 Section 7.7 7.7. Removal of Trustee......................................................................................................... 7-5 6 Section 7.8 7.8. Appointment of Successor Trustee............................................................................. 7-5 6 Section 7.9 7.9. Concerning any Successor Trustee............................................................................. 7-6 7 Section 7.10 7.10. Trustee Protected in Relying Upon Resolutions, Etc........................................................................................ 7-6 7 Section 7.11 7.11. Successor Trustee as Custodian of Funds............................................................... 7-6 7 Section 7.12 7.12. Co-Trustee......................................................................................................................... 7-6 7 Section 7.13 7.13. Corporate Trustee Required; Eligibility; Disqualification.................................................................... 7-8 Section 7.14 Preferential Collection of Claims Against Corporation.....................................7-9 Section 7.15 Statement by Trustee of Funds and Accounts and Other Matters..............................7-9 Section 7.16 Trustee, Authenticating Agent, Note Registrar, Paying Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers May Buy, Hold, Sell or Deal in Notes.....................................................................7-9 Section 7.17 Authenticating Agent and Paying Agents; Paying Agents To Hold Moneys in Trust.............7-9 Section 7.18 Removal of Authenticating Agent and Paying Agents; Successors............................7-10 Section 7.19 Appointment and Qualifications of Deposit Agents.........................................7-11 Section 7.20 Appointment and Qualifications of Depositaries...........................................7-11 Section 7.21 Remarketing Agents.......................................................................7-13 Section 7.22 Qualifications of Remarketing Agents.....................................................7-13 ARTICLE EIGHT SUPPLEMENTAL INDENTURES...........................................................................8-1 Section 8.1 Supplemental Indentures Not Requiring Consent of Beneficiaries............................8-1 Section 8.2 Supplemental Indentures Requiring Consent of Beneficiaries................................8-2 Section 8.3 Rights of Trustee.........................................................................8-3 Section 8.4 Rating Agency Confirmation Required Prior to Execution of Supplemental Indenture..........8-3 Section 8.5 Consent of Depositaries...................................................................8-3 Section 8.6 Consent of Remarketing Agents.............................................................8-3 Section 8.7 Consent of Auction Agents.................................................................8-4 Section 8.8 Consent of Broker-Dealers.................................................................8-4 Section 8.9 Conformity With Trust Indenture Act.......................................................8-49

Appears in 1 contract

Samples: Please Insert Social Security (Education Loans Inc /De)

Termination of Proceedings. 6-11 13 Section 6.13 6.13. Waiver of Defaults and Events of Default........................................................................ 6-12 13 Section 6.14 6.14. Inspection of Books and Records.......................................................................................... 6-12 14 ARTICLE SEVEN -- FIDUCIARIES............................................................................................................................................ 7-1 Section 7.1 7.1. Acceptance of the Trustee....................................................................................................... 7-1 Section 7.2 7.2. Fees, Charges and Expenses of the Trustee, Paying Agents, Note Registrar, Authenticating Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers............................................................................................... 7-3 4 Section 7.3 7.3. Notice to Beneficiaries if Default Occurs....................................................................... 7-4 Section 7.4 7.4. Intervention by Trustee........................................................................................................... 7-4 5 Section 7.5 7.5. Successor Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries.......................... 7-4 5 Section 7.6 7.6. Resignation by Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries............................................................................................................................. 7-5 Section 7.7 7.7. Removal of Trustee..................................................................................................................... 7-5 6 Section 7.8 7.8. Appointment of Successor Trustee......................................................................................... 7-5 6 Section 7.9 7.9. Concerning any Successor Trustee......................................................................................... 7-6 7 Section 7.10 7.10. Trustee Protected in Relying Upon Resolutions, Etc.................................................................................................... 7-6 7 Section 7.11 7.11. Successor Trustee as Custodian of Funds........................................................................... 7-6 7 Section 7.12 7.12. Co-Trustee..................................................................................................................................... 7-6 7 Section 7.13 7.13. Corporate Trustee Required; Eligibility; Disqualification................................................................................ 7-8 Section 7.14 Preferential Collection of Claims Against Corporation.....................................7-9 Section 7.15 Statement by Trustee of Funds and Accounts and Other Matters..............................7-9 Section 7.16 Trustee, Authenticating Agent, Note Registrar, Paying Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers May Buy, Hold, Sell or Deal in Notes.....................................................................7-9 Section 7.17 Authenticating Agent and Paying Agents; Paying Agents To Hold Moneys in Trust.............7-9 Section 7.18 Removal of Authenticating Agent and Paying Agents; Successors............................7-10 Section 7.19 Appointment and Qualifications of Deposit Agents.........................................7-11 Section 7.20 Appointment and Qualifications of Depositaries...........................................7-11 Section 7.21 Remarketing Agents.......................................................................7-13 Section 7.22 Qualifications of Remarketing Agents.....................................................7-13 ARTICLE EIGHT SUPPLEMENTAL INDENTURES...........................................................................8-1 Section 8.1 Supplemental Indentures Not Requiring Consent of Beneficiaries............................8-1 Section 8.2 Supplemental Indentures Requiring Consent of Beneficiaries................................8-2 Section 8.3 Rights of Trustee.........................................................................8-3 Section 8.4 Rating Agency Confirmation Required Prior to Execution of Supplemental Indenture..........8-3 Section 8.5 Consent of Depositaries...................................................................8-3 Section 8.6 Consent of Remarketing Agents.............................................................8-3 Section 8.7 Consent of Auction Agents.................................................................8-4 Section 8.8 Consent of Broker-Dealers.................................................................8-4 Section 8.9 Conformity With Trust Indenture Act.......................................................8-49

Appears in 1 contract

Samples: Education Loans Inc /De

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Termination of Proceedings. 6-11 Section 6.13 6.13. Waiver of Defaults and Events of Default.................................................................. 6-12 Section 6.14 6.14. Inspection of Books and Records.................................................................................... 6-12 ARTICLE SEVEN -- FIDUCIARIES.................................................................................................................................... 7-1 Section 7.1 7.1. Acceptance of the Trustee................................................................................................. 7-1 Section 7.2 7.2. Fees, Charges and Expenses of the Trustee, Paying Agents, Note Registrar, Authenticating Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers......................................................................................... 7-3 Section 7.3 7.3. Notice to Beneficiaries if Default Occurs................................................................. 7-4 Section 7.4 7.4. Intervention by Trustee..................................................................................................... 7-4 Section 7.5 7.5. Successor Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries.................... 7-4 Section 7.6 7.6. Resignation by Trustee, Paying Agents, Authenticating Agents, Deposit Agents and Depositaries....................................................................................................................... 7-5 Section 7.7 7.7. Removal of Trustee............................................................................................................... 7-5 Section 7.8 7.8. Appointment of Successor Trustee................................................................................... 7-5 Section 7.9 7.9. Concerning any Successor Trustee................................................................................... 7-6 Section 7.10 7.10. Trustee Protected in Relying Upon Resolutions, Etc......................................... .................................................... 7-6 Section 7.11 7.11. Successor Trustee as Custodian of Funds..................................................................... 7-6 Section 7.12 7.12. Co-Trustee............................................................................................................................... 7-6 Section 7.13 7.13. Corporate Trustee Required; Eligibility; Disqualification.......................................................................... 7-8 Section 7.14 Preferential Collection of Claims Against Corporation.....................................7-9 Section 7.15 Statement by Trustee of Funds and Accounts and Other Matters..............................7-9 Section 7.16 Trustee, Authenticating Agent, Note Registrar, Paying Agents, Deposit Agents, Remarketing Agents, Depositaries, Auction Agents and Broker-Dealers May Buy, Hold, Sell or Deal in Notes.....................................................................7-9 Section 7.17 Authenticating Agent and Paying Agents; Paying Agents To Hold Moneys in Trust.............7-9 Section 7.18 Removal of Authenticating Agent and Paying Agents; Successors............................7-10 Section 7.19 Appointment and Qualifications of Deposit Agents.........................................7-11 Section 7.20 Appointment and Qualifications of Depositaries...........................................7-11 Section 7.21 Remarketing Agents.......................................................................7-13 Section 7.22 Qualifications of Remarketing Agents.....................................................7-13 ARTICLE EIGHT SUPPLEMENTAL INDENTURES...........................................................................8-1 Section 8.1 Supplemental Indentures Not Requiring Consent of Beneficiaries............................8-1 Section 8.2 Supplemental Indentures Requiring Consent of Beneficiaries................................8-2 Section 8.3 Rights of Trustee.........................................................................8-3 Section 8.4 Rating Agency Confirmation Required Prior to Execution of Supplemental Indenture..........8-3 Section 8.5 Consent of Depositaries...................................................................8-3 Section 8.6 Consent of Remarketing Agents.............................................................8-3 Section 8.7 Consent of Auction Agents.................................................................8-4 Section 8.8 Consent of Broker-Dealers.................................................................8-4 Section 8.9 Conformity With Trust Indenture Act.......................................................8-4

Appears in 1 contract

Samples: Education Loans Inc /De

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