Indenture Trust Estate definition

Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of Indenture for the benefit of the Noteholders and the Swap Counterparties (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

Indenture Trust Estate means all money, instruments, rights and other property that are, from time to time, subject or intended to be subject to the Lien and security interest of the Indenture for the benefit of the Noteholders (including all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

Examples of Indenture Trust Estate in a sentence

• This Indenture creates a valid and continuing security interest (as defined in the applicable Uniform Commercial Code (“UCC”) in effect in the State of Delaware) in the Financed Student Loans and all other assets constituting part of the Indenture Trust Estate in favor of the Indenture Trustee, which security interest is prior to all other liens, charges, security interests, mortgages or other encumbrances, and is enforceable as such as against creditors of and purchasers from the Issuer.

• The Issuer owns and has good and marketable title to the Financed Student Loans and all other assets constituting part of the Indenture Trust Estate free and clear of any lien, charge, security interest, mortgage or other encumbrance, claim or encumbrance of any Person, other that those granted pursuant to this Indenture.

• If the Notes have been declared to be due and payable under Section 5.02 following an Event of Default and such declaration and its consequences have not been rescinded and annulled, the Indenture Trustee may (with the consent of the Controlling Party), or, subject to Section 5.11, shall at the written direction of the Controlling Party, elect to maintain possession of the Indenture Trust Estate.

• In determining whether to maintain possession of the Indenture Trust Estate, the Indenture Trustee may, but need not (unless so directed by the Controlling Party), obtain and rely upon an opinion of an Independent investment banking or accounting firm of national reputation as to the feasibility of such proposed action and as to the sufficiency of the Indenture Trust Estate for such purpose.

• Other than the security interest granted to the Indenture Trustee pursuant to this Indenture, the Issuer has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Financed Student Loans or any other portion of the Indenture Trust Estate.

More Definitions of Indenture Trust Estate

Indenture Trust Estate or "Trust Estate" means, with respect to each Group, all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of this Indenture for the benefit of the related Noteholders and the Insurer (including, without limitation, all Collateral Granted to the Indenture Trustee relating to such Group pursuant to the Granting Clause), including all proceeds thereof.

Indenture Trust Estate. The meaning specified in the Granting Clause of the Indenture.

Indenture Trust Estate has the meaning set forth in the Indenture.

Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of Indenture for the benefit of the Noteholders

Indenture Trust Estate has the meaning set forth in the preamble to the ---------------------- Granting Clauses of the Indenture. Indenture Trustee means First Union National Bank, a national banking ----------------- association, in its capacity as indenture trustee under the Indenture, together with its successors and assigns.

Indenture Trust Estate. “Indenture Trustee”, “Moody’s”, “Notes”, “Owner Trustee”, “Rating Agency”, “Reserve Account”, “S&P”, “Trust”, “Trust Student Loans” and “Trust Agreement” shall have the meanings ascribed to such terms in Exhibit A to that certain Indenture dated as of December 15, 2006 by and among SLC Private Student Loan Trust 2006-A, U.S. Bank National Association, as the indenture trustee, and Citibank, N.A., as the indenture administrator, as the same may be amended, modified, restated or replaced. XXXXXXX SACHS MITSUI MARINE DERIVATIVE PRODUCTS, L.P. By: GSMMDPGP, Inc., its General Partner By: /s/ Xxxx X. Xxxxxxxxx Name: Xxxx X. Xxxxxxxxx Title: Vice President Date: December ___, 2006 SLC PRIVATE STUDENT LOAN TRUST 2006-A By: Wilmington Trust Company, not in its individual capacity but in its capacity as Owner Trustee under that certain Amended and Restated Trust Agreement dated as of December 15, 2006 by and among the Owner Trustee, and SLC Student Loan Receivables I, Inc. By: /s/ X. Xxxxxxxxxxx Murphy_________________ Name: J. Xxxxxxxxxxx Xxxxxx Title: Financial Services Officer Date: December ___, 2006 (Bilateral Form) (ISDA Agreements Subject to New York Law Only) ISDAÒ International Swaps and Derivatives Association, Inc. CREDIT SUPPORT ANNEX to the Schedule to the Master Agreement dated as of December 7, 2006 between SLC PRIVATE STUDENT LOAN TRUST 2006-A and XXXXXXX XXXXX MITSUI MARINE DERIVATIVE PRODUCTS, L.P. This Annex supplements, forms part of, and is subject to, the above-referenced Agreement, is part of its Schedule and is a Credit Support Document under this Agreement with respect to each party. Accordingly, the parties agree as follows:

Indenture Trust Estate means the Collateral Granted to the Trustee under this Indenture, including all proceeds thereof.