Structured Obligations definition

Structured Obligations means: (a) all indebtedness, obligations and liabilities (including, without limitation, guarantees and other contingent liabilities) of the Assignor to any and all of the Secured Parties relating to the Structured Tranche Loans or the Structured Tranche Settlement Notes and arising under or in connection with any Transaction Document; (b) any and all sums advanced by the Collateral Agent or the Banks in order to preserve the Structured Collateral or preserve its security interest in the Structured Collateral; and (c) in the event of any proceeding for the collection or enforcement of any indebtedness, obligations or liabilities of the Assignor referred to in clause (a), after an Event of Default shall have occurred and be continuing, the reasonable expenses of re-taking, holding, preparing for sale or lease, selling or otherwise disposing or realizing on the Structured Collateral, or of any exercise by the Collateral Agent of its rights hereunder, together with reasonable attorneys' fees and court costs.
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Examples of Structured Obligations in a sentence

  • A copy of the Articles of Association of the trustee, as now in effect, is on file with the Securities and Exchange Commission as an Exhibit with corresponding exhibit number to the Form T-1 of Structured Obligations Corporation, filed pursuant to Section 305(b)(2) of the Trust Indenture Act of 1939, as amended (the "Act"), on November 16, 2001 (Registration No. 333-67188), and is incorporated herein by reference.

  • All communications hereunder will be in writing and, if sent to the Underwriter, will be mailed, delivered or telegraphed and confirmed to it at [ ]; and if sent to the Depositor, will be mailed, delivered or telegraphed, and confirmed to it at Structured Obligations Corporation, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇, Attention: [ ].

  • Structured Obligations Corporation, a Delaware corporation (the “Depositor”), proposes to sell to you (also referred to herein as the “Underwriter”) [ ] Trust Certificates, Series 200[ ]-[ ] (the “Certificates”) issued by the Series 200[ ]-[ ] Trust, a [Delaware business][common law] trust (the “Trust”).

  • Schedule IV attached hereto sets forth a listing, as of September 30, 2000, of the reinsurer and the related amounts (both ceded par inforce and ceded principal and interest inforce) of reinsured Insured Municipal Structured Obligations and Insured Structured Obligations as of such date.

  • Substantially all of the Insured Municipal Obligations in the Covered Municipal Portfolio and of the Insured Structured Obligations in the Covered Structured Portfolio on the Effective Date were insured by the Borrower under Insurance Contracts in the form or forms heretofore supplied to the Administrative Agent in accordance with the Borrower's underwriting criteria.