Trust Contracts Clause Samples

Trust Contracts. The Program Specific Audit requires the following components (a sample format may be found on The Children’s Trust website):
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Trust Contracts. 46 6.19 Receivables...........................................................................47 6.20
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Trust Contracts. (a) SCHEDULE 6.18 lists each Contract pursuant to which (a) Trust has granted to a Person rights under or with respect to any of Trust's Intellectual Property, and (b) Trust has obtained from a Person rights under or with respect to any of Trust's Intellectual Property. (b) Trust has delivered to Parent a correct and complete copy of each written Contract (as amended to date) listed in SCHEDULE 6.18 and a written summary setting forth the terms and conditions of each oral Contract referred to in SCHEDULE 6.18. With respect to each such Contract: (i) the Contract is Enforceable and unamended; (ii) upon the Closing, the Contract will continue to be Enforceable on identical terms in effect immediately prior to the Closing, except to the extent such Contract is amended or terminated prior to the Closing as contemplated by this Agreement; (iii) Trust (and to each Seller Party's Knowledge, no counter-party) is in Breach of such Contract, and no event has occurred which, with notice or lapse of time, would constitute a Breach by Trust thereunder; (iv) no party to the Contract has delivered a written demand for early termination thereof; (v) the Contract has not been assigned in favor of any Person; (vi) no Consent is required from any Person as a result of the Transactions (for assignment, change of control or otherwise); and (vii) there are no renegotiations of, attempts to renegotiate or outstanding rights to renegotiate any material amounts paid or payable to Trust under such Contract with any Person having the contractual or statutory right to demand or require such renegotiation and no such Person has made written demand for such renegotiation. (c) Trust has not received any prepayments, advances or other amounts from Persons that have rights to Trust's Intellectual Property with respect to rights or obligations for periods or activities occurring from and after the Closing, including, without limitation, advance payments of royalties not recouped or earned as of the Closing.
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Trust Contracts. (i) Neither of the Trusts is in default or breach in any material respect of any Trust Contract to which it is a party or by which it or its assets is bound and, to the knowledge of the Trusts, there exists no state of facts which, after notice or the passage of time, or both, would constitute such a default or breach in any material respect and each of the Trusts is entitled to all of its rights and benefits thereunder. (ii) To the knowledge of the Trusts, no third party to any Trust Contract to which such Trust is a party is in default or breach in any material respect of any such Trust Contract. (iii) Each Trust Contract is consistent in all material respects with the description thereof in the relevant Disclosure Documents.
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Trust Contracts not, at its instance, amend the Trust Contracts to which it is a party;
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Related to Trust Contracts

  • Custody of Contracts The contents of each Contract File shall be held by the Servicer, or its custodian, for the benefit of the Trust as the owner thereof in accordance with the Sale and Servicing Agreement.

  • Custodial Agreements Immediately prior to the transfer of the Receivables by the Seller to the Depositor, the Seller or an Affiliate of the Seller had possession of the Receivable Files and there were no, and there will not be any, custodial agreements in effect materially adversely affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this Agreement.

  • Project Contracts Prior to the delivery of this Lease, the Company may have entered into a contract or contracts with respect to the acquisition and/or construction of the Improvements. Those contracts, and any such contracts entered into by the Company after delivery of this Lease are hereinafter referred to as the “Project Contracts.” Prior to the delivery hereof, certain work has been or may have been performed on the Improvements pursuant to said Project Contracts or otherwise. Subject to the Lender’s rights in the Project Contracts, the Company hereby conveys, transfers and assigns to the Issuer all of the Company’s rights in, but not its obligations under the Project Contracts and the Issuer hereby designates the Company as Issuer’s agent for the purpose of executing and performing the Project Contracts. After the execution hereof, the Company shall cause the Project Contracts to be fully performed by the contractor(s), subcontractor(s) and supplier(s) thereunder in accordance with the terms thereof, and the Company covenants to cause the Improvements to be acquired, constructed and/or completed in accordance with the Project Contracts. Any and all amounts received by the Issuer, the Trustee or the Company from any of the contractors or other suppliers by way of breach of contract, refunds or adjustments shall become a part of and be deposited in the Project Fund.

  • CUSTODIAN CONTRACT This Contract by and between State Street Bank and Trust Company, a Massachusetts trust company, having its principal place of business at 2▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ (hereinafter called the "Custodian"), and each fund which is listed on Appendix A (as such Appendix may be amended from time to time) and which evidences its agreement to be bound hereby by executing a copy of this Contract (each such fund individually hereinafter called the "Fund," whose definition may be found in Section 22),

  • Custodial The District shall make its trash receptacles available during Public Access Hours. The City shall encourage community users to dispose of trash in the trash receptacles. If there is a significant increase in trash volume, the District shall notify the City’s designated employee so the City may provide custodial services necessary to keep Active Use Areas in a neat, orderly, and sanitary condition at all times during the Public Access Hours.