{"component": "clause", "props": {"groups": [{"snippet": "CNHICA acknowledges and agrees that: (a) CNHCR will, pursuant to the Sale and Servicing Agreement, sell the Receivables to the Trust and assign its rights under this Agreement to the Trust, (b) the Trust will, pursuant to the Indenture, assign such Receivables and such rights to the Indenture Trustee and (c) the representations, warranties and covenants contained in this Agreement and the rights of CNHCR under this Agreement, including under Section 6.2, are intended to benefit the Trust, the Certificateholders and the Noteholders. CNHICA hereby consents to all such sales and assignments and agrees that enforcement of a right or remedy hereunder by the Indenture Trustee shall have the same force and effect as if the right or remedy had been enforced or executed by CNHCR.", "samples": [{"hash": "fgavSbfrLy5", "uri": "/contracts/fgavSbfrLy5#trust", "label": "Purchase Agreement (CNH Equipment Trust 2026-A)", "score": 35.0739212036, "published": true}, {"hash": "2CEI1rxLlzF", "uri": "/contracts/2CEI1rxLlzF#trust", "label": "Purchase Agreement (CNH Equipment Trust 2026-A)", "score": 35.0602340698, "published": true}, {"hash": "g5Pm7ZOQjlZ", "uri": "/contracts/g5Pm7ZOQjlZ#trust", "label": "Purchase Agreement (CNH Equipment Trust 2025-B)", "score": 34.553730011, "published": true}], "snippet_links": [{"key": "pursuant-to-the-sale-and-servicing-agreement", "type": "clause", "offset": [53, 97]}, {"key": "the-receivables", "type": "clause", "offset": [104, 119]}, {"key": "to-the-trust", "type": "clause", "offset": [120, 132]}, {"key": "agreement-to", "type": "clause", "offset": [166, 178]}, {"key": "pursuant-to-the-indenture", "type": "clause", "offset": [210, 235]}, {"key": "such-rights", "type": "definition", "offset": [265, 276]}, {"key": "the-indenture-trustee", "type": "definition", "offset": [280, 301]}, {"key": "warranties-and-covenants", "type": "clause", "offset": [331, 355]}, {"key": "in-this-agreement", "type": "definition", "offset": [366, 383]}, {"key": "rights-of", "type": "clause", "offset": [392, 401]}, {"key": "section-62", "type": "clause", "offset": [446, 457]}, {"key": "the-noteholders", "type": "clause", "offset": [521, 536]}, {"key": "assignments-and", "type": "definition", "offset": [583, 598]}, {"key": "enforcement-of", "type": "clause", "offset": [611, 625]}, {"key": "right-or-remedy", "type": "clause", "offset": [628, 643]}, {"key": "trustee-shall", "type": "definition", "offset": [671, 684]}, {"key": "force-and-effect", "type": "clause", "offset": [699, 715]}, {"key": "executed-by", "type": "definition", "offset": [763, 774]}], "size": 109, "hash": "35a6a325404bf45004e3cfe80ae401f2", "id": 3}, {"snippet": "This Certificate represents ownership of a \u201cregular interest\u201d in a \u201creal estate mortgage investment conduit,\u201d as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. The issue date of this Certificate is August 26, 2005. Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (\u201cDTC\u201d), to the Company or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. WMALT Series 2005-7 Portion of the Class 1-A-1 Principal Balance as of the Cut-Off Date Evidenced by this Certificate: $13,552,800.00 Class 1-A-1 Certificate Interest Rate: 5.500% Cut-Off Date: August 1, 2005 First Distribution Date: September 26, 2005 Last Scheduled Distribution Date: September 25, 2035 Class 1-A-1 Principal Balance as of the Cut-Off Date: $13,552,800.00 Evidencing a beneficial interest in a pool of assets consisting of beneficial interests in another pool of assets consisting of beneficial interests in another pool of assets consisting of, among other things, conventional one- to four-family mortgage loans formed by", "samples": [{"hash": "lNhRjEnmcZn", "uri": "/contracts/lNhRjEnmcZn#trust", "label": "Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-7)", "score": 21.0, "published": true}, {"hash": "6ef4BrNCpVk", "uri": "/contracts/6ef4BrNCpVk#trust", "label": "Pooling and Servicing Agreement (Washington Mutual 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"offset": [1344, 1358]}, {"key": "beneficial-interests", "type": "clause", "offset": [1373, 1393]}, {"key": "mortgage-loans", "type": "clause", "offset": [1549, 1563]}], "size": 179, "hash": "ee423127d5f486d82ae24856d6d39fa9", "id": 1}, {"snippet": "The Trustee shall receive, hold, administer, invest and make distributions and disbursements from the Trust in accordance with the provisions of the Plan and Trust and the applicable directions, rules, regulations, procedures and policies established by the Committee pursuant to the Plan.", "samples": [{"hash": "frEuhtuUWDu", "uri": "/contracts/frEuhtuUWDu#trust", "label": "Stock Bonus Plan and Trust Agreement (Wells Financial Corp)", "score": 24.1909656525, "published": true}, {"hash": "f0zeTsrzz7E", "uri": "/contracts/f0zeTsrzz7E#trust", "label": "2003 Recognition and Retention Plan and Trust Agreement (Minden Bancorp, Inc.)", "score": 19.7091026306, "published": true}, {"hash": "j1i8wgAno4g", "uri": "/contracts/j1i8wgAno4g#trust", "label": "Recognition and Retention Plan and Trust Agreement (Tierone Corp)", "score": 19.0, "published": true}], "snippet_links": [{"key": "trustee-shall", "type": "definition", "offset": [4, 17]}, {"key": "distributions-and", "type": "clause", "offset": [61, 78]}, {"key": "disbursements-from", "type": "clause", "offset": [79, 97]}, {"key": "in-accordance-with", "type": "clause", "offset": [108, 126]}, {"key": "plan-and-trust", "type": "clause", "offset": [149, 163]}, {"key": "the-applicable", "type": "clause", "offset": [168, 182]}, {"key": "procedures-and-policies", "type": "clause", "offset": [215, 238]}, {"key": "the-committee", "type": "clause", "offset": [254, 267]}, {"key": "pursuant-to-the-plan", "type": "clause", "offset": [268, 288]}], "size": 110, "hash": "4d00458e6666bca01dfae4e6a6b361fb", "id": 2}, {"snippet": "The Certificates evidencing certain undivided ownership interests therein shall be known as \"Corporate Backed Trust Certificates, Series 2001-2.\" The Certificates shall consist of the Class A-1 Certificates and the Class A-2 Certificates (together, the \"Certificates\").", "samples": [{"hash": "xoty95MA0m", "uri": "/contracts/xoty95MA0m#trust", "label": "Series Supplement (Lehman Abs Corp)", "score": 18.0, "published": true}, {"hash": "ipDMEbkmdHq", "uri": "/contracts/ipDMEbkmdHq#trust", "label": "Series Supplement (Lehman Abs Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-certificates", "type": "definition", "offset": [0, 16]}, {"key": "ownership-interests", "type": "clause", "offset": [46, 65]}, {"key": "trust-certificates", "type": "definition", "offset": [110, 128]}, {"key": "series-2001", "type": "clause", "offset": [130, 141]}, {"key": "consist-of", "type": "clause", "offset": [169, 179]}, {"key": "class-a-1-certificates", "type": "definition", "offset": [184, 206]}, {"key": "class-a-2-certificates", "type": "definition", "offset": [215, 237]}], "size": 56, "hash": "d93c60b3a303b4b2ddf43b87754edc34", "id": 10}, {"snippet": "This Certificate represents ownership of a \u201cregular interest\u201d in a \u201creal estate mortgage investment conduit,\u201d as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. The issue date of this Certificate is August 26, 2005. Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (\u201cDTC\u201d), to the Company or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. NO TRANSFER OF THIS CLASS B-3 CERTIFICATE WILL BE MADE UNLESS THE TRUSTEE HAS RECEIVED (I) AN OFFICER\u2019S CERTIFICATE IN THE FORM DESCRIBED IN SECTION 5.01(g) OF THE POOLING AGREEMENT AND (II) IF SO INDICATED IN SUCH OFFICER\u2019S CERTIFICATE, AN OPINION OF COUNSEL ACCEPTABLE TO AND IN FORM AND SUBSTANCE SATISFACTORY TO THE TRUSTEE AND THE COMPANY TO THE EFFECT THAT THE PURCHASE AND HOLDING OF THIS CERTIFICATE ARE PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT THE TRUST, THE TRUSTEE, THE DELAWARE TRUSTEE, THE SERVICER OR THE COMPANY TO ANY OBLIGATION OR LIABILITY (INCLUDING OBLIGATIONS OR LIABILITIES UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE) IN ADDITION TO THOSE UNDERTAKEN IN THE POOLING AGREEMENT, WHICH OPINION OF COUNSEL SHALL NOT BE AN EXPENSE OF THE TRUST, THE TRUSTEE, THE DELAWARE TRUSTEE, THE SERVICER OR THE COMPANY. NOTWITHSTANDING THE FOREGOING PARAGRAPH, WITH RESPECT TO THE TRANSFER OF THIS CLASS B-3 CERTIFICATE TO DTC OR ANY OTHER CLEARING AGENCY OR ANY SUBSEQUENT TRANSFER OF ANY INTEREST IN THIS CERTIFICATE FOR SO LONG AS THIS CERTIFICATE IS HELD BY DTC OR ANY OTHER CLEARING AGENCY, (I) AN OFFICER\u2019S CERTIFICATE (AND, IF APPLICABLE, A BENEFIT PLAN OPINION), AS DESCRIBED IN THE FOREGOING PARAGRAPH, SHALL NOT BE REQUIRED, AND (II) THE FOLLOWING CONDITIONS SHALL APPLY:", "samples": [{"hash": "lNhRjEnmcZn", "uri": "/contracts/lNhRjEnmcZn#trust", "label": "Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-7)", "score": 21.0, "published": true}, {"hash": "6ef4BrNCpVk", "uri": "/contracts/6ef4BrNCpVk#trust", "label": "Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2005-7)", "score": 21.0, "published": true}], "snippet_links": [{"key": "ownership-of", "type": "clause", "offset": [28, 40]}, {"key": "regular-interest", "type": "definition", "offset": [44, 60]}, {"key": "real-estate-mortgage-investment-conduit", "type": "definition", "offset": [68, 107]}, {"key": "those-terms", "type": "clause", "offset": [113, 124]}, {"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [185, 214]}, {"key": "as-amended", "type": "definition", "offset": [216, 226]}, {"key": "date-of-this", "type": "clause", "offset": [238, 250]}, {"key": "authorized-representative", "type": "definition", "offset": [326, 351]}, {"key": "the-depository-trust-company", "type": "definition", "offset": [355, 383]}, {"key": "new-york", "type": "definition", "offset": [387, 395]}, {"key": "to-the-company", "type": "definition", "offset": [417, 431]}, {"key": "registration-of-transfer", "type": "clause", "offset": [449, 473]}, {"key": "certificate-issued", "type": "clause", "offset": [505, 523]}, {"key": "cede-co", "type": "definition", "offset": [553, 563]}, {"key": "requested-by-an", "type": 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"offset": [2050, 2069]}, {"key": "if-applicable", "type": "definition", "offset": [2218, 2231]}, {"key": "benefit-plan-opinion", "type": "definition", "offset": [2235, 2255]}], "size": 84, "hash": "1337d058b83b806b0a2c27a35379d9cd", "id": 5}, {"snippet": "Ally Auto Receivables Trust 2014-3, a Delaware statutory trust created by the Certificate of Trust and described in the Trust Agreement.", "samples": [{"hash": "3cOXju5FSpX", "uri": "/contracts/3cOXju5FSpX#trust", "label": "Servicing Agreement (Ally Auto Assets LLC)", "score": 25.9582481384, "published": true}, {"hash": "cjn7wmk5lZE", "uri": "/contracts/cjn7wmk5lZE#trust", "label": "Servicing Agreement (Ally Auto Receivables Trust 2014-3)", "score": 25.9445590973, "published": true}], "snippet_links": [{"key": "receivables-trust", "type": "definition", "offset": [10, 27]}, {"key": "delaware-statutory-trust", "type": "clause", "offset": [38, 62]}, {"key": "created-by", "type": "definition", "offset": [63, 73]}, {"key": "certificate-of-trust", "type": "definition", "offset": [78, 98]}, {"key": "the-trust-agreement", "type": "clause", "offset": [116, 135]}], "size": 66, "hash": "bcca6aa8920715abd8a3a8888ee26f47", "id": 7}, {"snippet": "The Seller acknowledges that the Purchaser will, pursuant to the Sale and Servicing Agreement, sell the Receivables to the Trust and assign its rights under this Agreement to the Trust and that the Trust will assign such rights to the Indenture Trustee for the benefit of the holders of the Notes, and that the representations and warranties contained in this Agreement and the rights of the Purchaser under Section 6.2 and the obligations under Section 6.3 are intended to benefit the Trust and the holders of the Securities. The Seller hereby consents to such sales and assignments.", "samples": [{"hash": "xuN8oglekV", "uri": "/contracts/xuN8oglekV#trust", "label": "Purchase Agreement (Nissan Auto Receivables 2006-B Owner Trust)", "score": 21.0, "published": true}, {"hash": "cnfrT1NJtsK", "uri": "/contracts/cnfrT1NJtsK#trust", "label": "Purchase Agreement (Nissan Auto Receivables 2006-a Owner Trust)", "score": 21.0, "published": true}, {"hash": "at4iUfquA16", "uri": "/contracts/at4iUfquA16#trust", "label": "Purchase Agreement (Nissan Auto Receivables Corp Ii)", "score": 21.0, "published": true}], "snippet_links": [{"key": "the-seller", "type": "clause", "offset": [0, 10]}, {"key": "the-purchaser-will", "type": "clause", "offset": [29, 47]}, {"key": "pursuant-to-the-sale-and-servicing-agreement", "type": "clause", "offset": [49, 93]}, {"key": "the-receivables", "type": "clause", "offset": [100, 115]}, {"key": "to-the-trust", "type": "clause", "offset": [116, 128]}, {"key": "agreement-to", "type": "clause", "offset": [162, 174]}, {"key": "such-rights", "type": "definition", "offset": [216, 227]}, {"key": "the-indenture-trustee", "type": "definition", "offset": [231, 252]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [276, 296]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [307, 341]}, {"key": "in-this-agreement", "type": "definition", "offset": [352, 369]}, {"key": "rights-of-the-purchaser", "type": "clause", "offset": [378, 401]}, {"key": "section-62", "type": "clause", "offset": [408, 419]}, {"key": "the-obligations", "type": "clause", "offset": [424, 439]}, {"key": "section-63", "type": "clause", "offset": [446, 457]}, {"key": "holders-of-the-securities", "type": "clause", "offset": [500, 525]}, {"key": "sales-and-assignments", "type": "clause", "offset": [562, 583]}], "size": 62, "hash": "55bbfb4957fe6a6cad339309a09f88ec", "id": 8}, {"snippet": "This Indenture may not be amended, however, without the consent of all Unitholders then outstanding, so as", "samples": [{"hash": "gA9GMauWztA", "uri": "/contracts/gA9GMauWztA#trust", "label": "Trust Agreement (Advisors Disciplined Trust 1654)", "score": 24.3052711487, "published": true}, {"hash": "sFkRsSHCRo", "uri": "/contracts/sFkRsSHCRo#trust", "label": "Trust Agreement (Advisors Disciplined Trust 1653)", "score": 24.302532196, "published": true}, {"hash": "afVpWtQTkBd", "uri": "/contracts/afVpWtQTkBd#trust", "label": "Trust Agreement (Advisors Disciplined Trust 1652)", "score": 24.302532196, "published": true}], "snippet_links": [{"key": "consent-of", "type": "clause", "offset": [56, 66]}], "size": 72, "hash": "5c702f5b2aa67e8f917d4bb0481600ae", "id": 6}, {"snippet": "(1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall (i) deposit, or cause to be deposited, in a grantor trust (the \u201cTrust\u201d), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.\n(2) During the 12 consecutive month period following the date on which the Company makes the deposit referred to in the preceding paragraph, the Employee may provide the trustee of the Trust with a written notice requesting that the trustee pay to the Employee, in a single sum, the amount designated in the notice as being payable pursuant to subsections 10(a)(1), 10(a)(2) and 10(a)(3). Within three business days after receiving said notice, the trustee of the Trust shall send a copy of the notice to the Company via overnight and registered mail, return receipt requested. On the tenth business day after mailing said notice to the Company, the trustee of the Trust shall pay the Employee the amount designated therein in immediately available funds, unless prior thereto the Company provides the trustee with a written notice directing the trustee to withhold such payment. In the latter event, the trustee shall submit the dispute, within ten days of receipt of the notice from the Company, to non-appealable binding arbitration for a determination of the amount payable to the Employee pursuant to subsections 10(a)(1), (2) and (3), and the party responsible for the payment of the costs of such arbitration (which may include any reasonable legal fees and expenses incurred by the Employee) shall be determined by the arbitrator. The Company and the Employee shall choose the arbitrator to settle the dispute, and such arbitrator shall be bound by the rules of the American Arbitration Association in making his or her determination. If the Employee and the Company cannot agree on an arbitrator, then the arbitrator shall be selected under the rules of the American Arbitration Association. The Employee, the Company and the trustee shall be bound by the results of the arbitration and, within three days of the determination by the arbitrator, the trustee shall pay from the Trust the amounts required to be paid to the Employee and/or the Company, and in no event shall the trustee be liable to either party for making the payments as determined by the arbitrator.\n(3) Upon the earlier of (i) any payment from the Trust to the Employee, or (ii) the date twelve months after the date on which the Company makes the deposit referred to in subsection 10(d)(1)(i), the trustee of the Trust shall pay to the Company the entire balance remaining in the segregated account maintained for the benefit of the Employee, if any. The Employee shall thereafter have no further interest in the Trust pursuant to this Agreement. However, the termination of the Trust shall not operate as a forfeiture or relinquishment of any of the Employee\u2019s rights under the terms of this Agreement. Furthermore, in the event of a dispute under subsection 10(d)(2), the trustee of the Trust shall continue to hold, in trust, the deposit referred to in subsection 10(d)(1)(i) until a final decision is rendered by the arbitrator pursuant to subsection 10(d)(2).", "samples": [{"hash": "lbvwJqxQIsD", "uri": "/contracts/lbvwJqxQIsD#trust", "label": "Employment Agreement (First Financial Corp /In/)", "score": 32.4962348938, "published": true}, {"hash": "8EeCBPbmz3f", "uri": "/contracts/8EeCBPbmz3f#trust", "label": "Employment Agreement (First Financial Corp /In/)", "score": 32.4962348938, "published": true}, {"hash": "366Ee44Z5HF", "uri": "/contracts/366Ee44Z5HF#trust", "label": "Employment Agreement (First Financial Corp /In/)", "score": 32.4962348938, "published": true}], "snippet_links": [{"key": "business-days", "type": "clause", "offset": [16, 29]}, {"key": "after-a-change-in-control", "type": "clause", "offset": [40, 65]}, {"key": "not-approved", "type": "definition", "offset": [76, 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\"regulated investment company\" under Subchapter M of the Code and to comply with the diversification standards prescribed in Section 817(h) of the Code and the regulations thereunder; and (vii) the investment policies of each Fund are in material compliance with any investment restrictions set forth on Schedule 4 to this Agreement. The Trust, however, makes no representation as to whether any aspect of its operations (including, but not limited to, fees and expenses and investment policies) otherwise complies with the insurance laws or regulations of any state.", "samples": [{"hash": "ggErfhhNQ6A", "uri": "/contracts/ggErfhhNQ6A#trust", "label": "Participation Agreement (Variable Annuity-2 Series Account)", "score": 26.4757022858, "published": true}, {"hash": "1nXigAqgPeb", "uri": "/contracts/1nXigAqgPeb#trust", "label": "Participation Agreement (Variable Annuity-2 Series Account)", "score": 26.4757022858, "published": true}, {"hash": "2XUBu4Q6o6d", "uri": "/contracts/2XUBu4Q6o6d#trust", "label": "Participation Agreement (Variable Annuity-2 Series Account)", "score": 26.3223819733, "published": true}], "snippet_links": [{"key": "business-trust", "type": "definition", "offset": [75, 89]}, {"key": "duly-formed-and-validly-existing", "type": "clause", "offset": [90, 122]}, {"key": "delaware-law", "type": "definition", "offset": [133, 145]}, {"key": "registration-statement", "type": "definition", "offset": [173, 195]}, {"key": "the-sec", "type": "definition", "offset": [216, 223]}, {"key": "in-accordance-with", "type": "clause", "offset": [224, 242]}, {"key": "the-1940-act", "type": "definition", "offset": [261, 273]}, {"key": "duly-registered", "type": "clause", "offset": [291, 306]}, {"key": "an-open", "type": "clause", "offset": [310, 317]}, {"key": "management-investment", "type": "definition", "offset": [322, 343]}, {"key": "trust-shares", "type": "definition", "offset": [454, 466]}, {"key": "in-compliance", "type": "definition", "offset": [482, 495]}, {"key": "in-all-material-respects", "type": "definition", "offset": [496, 520]}, {"key": "applicable-federal-laws", "type": "clause", "offset": [530, 553]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [657, 690]}, {"key": "of-the-trust", "type": "clause", "offset": [707, 719]}, {"key": "to-qualify", "type": "clause", "offset": [728, 738]}, {"key": "regulated-investment-company", "type": "clause", "offset": [745, 773]}, {"key": "subchapter-m-of-the-code", "type": "definition", "offset": [781, 805]}, {"key": "comply-with-the", "type": "clause", "offset": [813, 828]}, {"key": "the-regulations", "type": "clause", "offset": [900, 915]}, {"key": "policies-of", "type": "definition", "offset": [953, 964]}, {"key": "compliance-with", "type": "definition", "offset": [991, 1006]}, {"key": "investment-restrictions", "type": "clause", "offset": [1011, 1034]}, {"key": "schedule-4", "type": "clause", "offset": [1048, 1058]}, {"key": "to-this-agreement", "type": "clause", "offset": [1059, 1076]}, {"key": "no-representation", "type": "clause", "offset": [1104, 1121]}, {"key": "not-limited", "type": "clause", "offset": [1181, 1192]}, {"key": "expenses-and", "type": "clause", "offset": [1206, 1218]}, {"key": "laws-or-regulations", "type": "definition", "offset": [1278, 1297]}, {"key": "any-state", "type": "definition", "offset": [1301, 1310]}], "size": 60, "hash": "4f634ad089a51cf0e4c08f337dc8d8c3", "id": 9}], "next_curs": "Ck4SSGoVc35sYXdpbnNpZGVyY29udHJhY3RzcioLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig50cnVzdCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["miscellaneous-provisions", "Miscellaneous Provisions"], ["representations-and-warranties", "Representations and Warranties"], ["definitions", "Definitions"], ["change-in-control", "Change in Control"], ["administration-of-mortgages", "Administration of Mortgages"]], "title": "Trust", "children": [["expenses", "Expenses"], ["trust", "Trust"], ["management-of-trust", "Management of Trust"], ["records-and-accounts", "Records and Accounts"], ["indemnification", "Indemnification"]], "size": 3768, "id": "trust", "related": [["trust-fund", "Trust Fund", "<strong>Trust</strong> Fund"], ["the-trust-fund", "The Trust Fund", "The <strong>Trust</strong> Fund"], ["anti-trust", "Anti-Trust", "Anti-<strong>Trust</strong>"], ["grantor-trust", "Grantor Trust", "Grantor <strong>Trust</strong>"], ["trust-assets", "Trust Assets", "<strong>Trust</strong> Assets"]], "related_snippets": [], "updated": "2026-05-21T04:35:46+00:00", "also_ask": ["What are the essential elements that must be included in a trust clause to ensure its validity and enforceability?", "How can the trust clause be strategically drafted to maximize asset protection and minimize beneficiary disputes?", "What are the most common legal pitfalls or fatal flaws in trust clauses that courts have found unenforceable?", "How does this trust clause compare to standard trust provisions in similar jurisdictions or under different governing laws?", "What specific tests or standards do courts apply when interpreting and enforcing trust clauses in litigation?"], "drafting_tip": "Define the trust's purpose and powers to ensure clarity of administration; specify trustee duties to protect beneficiaries' interests; outline termination conditions to prevent future disputes.", "explanation": "A Trust clause establishes the legal arrangement in which one party, known as the trustee, holds and manages assets on behalf of another party, the beneficiary. This clause typically outlines the powers and duties of the trustee, the rights of the beneficiaries, and the specific assets or property subject to the trust. For example, it may specify how income from the trust is to be distributed or under what conditions the trust can be modified or terminated. The core function of a Trust clause is to ensure that assets are managed and distributed according to the grantor's intentions, providing legal protection and clarity for all parties involved."}, "json": true, "cursor": ""}}