The Yield Maintenance Agreement Sample Clauses

The Yield Maintenance Agreement. (a) On the Closing Date, the Trustee shall, for the benefit of the Class A, Class M and Class SB Certificates, enter into the Yield Maintenance Agreement.
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The Yield Maintenance Agreement. On the Closing Date, the Sponsor has agreed to cause the Additional Amount to be paid to the Trust. The Grantor Trust Trustee shall enter into the Yield Maintenance Agreement on or before the second Distribution Date to evidence such right to receive Additional Amounts. Pursuant to the Yield Maintenance Agreement, the Yield Maintenance Agreement Counterparty shall remit to the Grantor Trust Trustee the Additional Amount. The Grantor Trust Trustee shall demand payment of all money payable by the Yield Maintenance Agreement Counterparty under the Yield Maintenance Agreement. The Grantor Trust Trustee shall deposit in the Reserve Account all payments received from the Yield Maintenance Agreement Counterparty pursuant to the Yield Maintenance Agreement for inclusion in the Reserve Account Distribution Amount to be distributed to the Grantor Trust Certificateholders on the second Distribution Date in accordance with Section 3.05(a). In the event that the Yield Maintenance Agreement Counterparty fails to perform any of its obligations under the Yield Maintenance Agreement (including, without limitation, its obligation to make any payment or transfer collateral), or breaches any of its representations and warranties thereunder, or in the event that any Event of Default, Termination Event, or Additional Termination Event (each as defined in the Yield Maintenance Agreement) occurs with respect to the Yield Maintenance Agreement, the Grantor Trust Trustee shall, promptly following actual notice of such failure, breach or event, notify the Depositor and send any notices and make any demands, on behalf of the Trust, required to enforce the rights of the Trust under the Yield Maintenance Agreement. In the event that the Yield Maintenance Agreement Counterparty’s obligations are guaranteed by a third party under a guaranty relating to the Yield Maintenance Agreement (such guaranty the “Guaranty” and such third party the “Guarantor”), then to the extent that the Yield Maintenance Agreement Counterparty fails to make any payment by the close of business on the day it is required to make payment under the terms of the Yield Maintenance Agreement, the Grantor Trust Trustee shall, promptly following actual notice of the Yield Maintenance Agreement Counterparty’s failure to pay, demand that the Guarantor make any and all payments then required to be made by the Guarantor pursuant to such Guaranty. The Yield Maintenance Agreement Counterparty or the Depositor shall promptly pr...
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The Yield Maintenance Agreement. (a) On the Closing Date, the Trust Administrator shall establish and maintain in its name on behalf of the Trustee, in trust for the benefit of the Class 3-A-1 Certificates, the Yield Maintenance Account. The Yield Maintenance Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including without limitation, other moneys held by the Trust Administrator pursuant to this Agreement. The Yield Maintenance Account shall be an asset of the Supplemental Interest Trust, but will not be an asset of any REMIC.
Sample 1
The Yield Maintenance Agreement. (a) The Yield Maintenance Administrator on behalf of the Trust Fund, shall enter into the Yield Maintenance Agreement with the Cap Counterparty, on the terms and conditions set forth in the Yield Maintenance Administration Agreement. The Yield Maintenance Agreement will be an asset of the Trust Fund but will not be an asset of any REMIC. The Yield Maintenance Administrator pursuant to the Yield Maintenance Administration Agreement, shall deposit any amounts received from time to time with respect to the Yield Maintenance Agreement into the Yield Maintenance Agreement Account established pursuant to the Yield Maintenance Administration Agreement. The Yield Maintenance Administrator will make payments to the Securities Administrator with respect to the Yield Maintenance Agreement pursuant to the Yield Maintenance Administration Agreement, and the Securities Administrator will allocate any such payments in accordance with Section 4.01(o). The Yield Maintenance Agreement Account is an “outside reserve fund” within the meaning of Treasury Regulation §1.860G-2(h) and shall not be an asset of any REMIC. Funds in the Yield Maintenance Agreement Account shall remain uninvested.
Sample 1
The Yield Maintenance Agreement. (a) On the Closing Date, the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, shall for the benefit of the Class A, Class M and Class SB Certificates, enter into the Yield Maintenance Agreement.
Sample 1
The Yield Maintenance Agreement. (a) On the Closing Date, the Trustee is hereby directed to enter into, on behalf of the Trust Fund, the Yield Maintenance Agreements for the benefit of the Class I-A-6 Certificates (and, because a portion of the Class I-A-17 Certificates are comprised of the Class I-A-6 Certificates, the Class I-A-17 Certificates) and the Class II-A-5 Certificates (and, because a portion of the Class II-A-10 Certificates are comprised of the Class II-A-5 Certificates, the Class II-A-10 Certificates), respectively, with the Yield Maintenance Agreement Provider.
Sample 1

Related to The Yield Maintenance Agreement

  • Yield Maintenance Agreement The Trustee is hereby authorized and directed to, and agrees that it shall, enter into the Yield Maintenance Agreement on behalf of the Trust Fund.

  • Maintenance Agreement The parties will abide by the terms of the Maintenance Agreement including the capacity to dispute the classification in accordance with the Maintenance Agreement (Information Appendix C).

  • Road Maintenance Purchaser shall maintain roads, commensurate with Purchaser’s use, in accor- dance with Road Maintenance Requirements in C5.31 and the Road Maintenance Specifications. Performance of road maintenance work by Purchaser may be required prior to, during, or after each period of use. The timing of work accomplishment shall be based on Purchaser’s Op- erating Schedule under B6.31. When two or more commercial users are simultane- ously using the same road where Forest Service is not requiring maintenance deposits, the commercial users will develop maintenance responsibilities and arrangements for accomplishing the work. Forest Service must agree to this plan. If the commercial users cannot agree on main- tenance responsibilities, Forest Service shall resolve the differences. If Purchaser elects to use different roads than those listed in C5.31, Forest Service shall determine Pur- chaser’s commensurate share of road maintenance and revise road maintenance deposits in C5.32. If Forest Service cannot perform its full commensu- rate share of road maintenance, Forest Service shall make a cash payment to Purchaser for performance of such work. Unless agreed in writing, prehaul maintenance shall be completed on any portion of road prior to hauling on that portion. Maintenance, as used in this contract, does not include road reconstruction or repairs of an extraordi- nary nature.

  • Scheduled Maintenance Maintenance window for disruptive work to Service will be limited 12:00 A.M. to 4:00 A.M., Central Daylight Time (CDT), any day with requirement of one (1) calendar week notification to Customer prior to maintenance. LightEdge will send an e-mail notification of such disruptive maintenance to Service to Authorized Contacts of Customer. Once notification is sent to Customer this will be considered a “Scheduled Maintenance”. Any Service SLAs will NOT apply during a Scheduled Maintenance.

  • Support and Maintenance Where Licensee purchases support and/or maintenance services, Licensee’s initial support and/or maintenance term will begin upon delivery to Licensee of the Licensed Software and continue for one (1) year thereafter (or the length of the term if less than a year for any subscription/term license) unless otherwise specified in the applicable annual support and/or maintenance agreement, Product Order, or other written agreement executed between Licensor and Licensee. Where Licensee purchases support and/or maintenance for any Licensed Software, Licensee hereby agrees that it shall purchase such support and/or maintenance services for all of Licensee’s licensed units of such Licensed Software product. Support and/or maintenance services provided by Licensor will be subject to Licensor’s then current applicable standard annual support and/or maintenance agreement unless otherwise agreed by the parties in writing.

  • Unscheduled Maintenance Unscheduled maintenance may be required to resolve issues that are critical for Customer and/or performance of the Cloud Services. Druva will use its commercially reasonable efforts to notify Customer at least six (6) hours prior to the unscheduled maintenance.

  • Servicing Agreement General Summary The Sellers and the Purchasers intend this Agreement to amend and restate that certain “Servicing Agreement,” dated March 23, 2021, for purposes of the Purchase Agreement and wish to set forth herein the terms upon which each Purchaser will, to the fullest extent permitted by applicable Law and the applicable Corporate Trust Contract, and subject to the applicable provisions of this Agreement, assume the responsibility (as agent of the applicable Seller) to supervise, manage, administer and otherwise discharge the duties of the applicable Seller in a Corporate Trust Capacity under (a) any Restricted Appointment and (b) any Excluded Appointment (collectively, the “Serviced Appointments”), and the Purchasers will discharge and perform when due, and indemnify the Sellers for, the Assumed Servicing Liabilities.

  • Construction and Maintenance There are on-going maintenance, renovation and construction projects taking place in and around the residences. The work typically takes place during regular business hours, but may begin earlier or extend into evenings or weekends. On-going construction or renovation projects will continue through midterm and final exam periods. The University will take measures to ensure that prudent construction practices are followed, but there may be noise, dust and temporary interruption of some services. Residents may be required to temporarily or permanently relocate to facilitate construction or renovation to their residence area. There will be no compensation or reduction to your residence fees due to disruption and/or relocation.

  • Support and Maintenance Services Information about Teradici’s support and maintenance for the Licensed Product may be found at xxxxx://xxxx.xxxxxxxx.xxx.

  • INTERIM MAINTENANCE PERIOD During the interim maintenance period between obtaining of the completion certificate of Project and formation and operationalization of the Association the Promoter shall through itself or through a facility management company constitute a committee to run, operate, manage and maintain the Common Areas.

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