Subtrust Assets definition
Examples of Subtrust Assets in a sentence
The obligations of the Seller under this Agreement are limited to the related Subtrust and the related Subtrust Assets.
The obligations of the Seller under this Indenture are limited to the related Subtrust and the related Subtrust Assets.
The obligations of the Depositor represented by this Certificate are limited to the related Subtrust and the related Subtrust Assets.
The obligations of the Depositor under this Agreement and the Certificates are limited to the related Subtrust and the related Subtrust Assets.
The Board of Managers shall cause an Authorized Officer to account for and record separately all Subtrust Assets and the proceeds thereof allocated to any Subtrust from the Subtrust Assets and the proceeds thereof allocated to any other Subtrust.
The Board of Managers shall cause an Authorized Officer to maintain separate and distinct records for the Subtrust Assets related to each Subtrust and to hold and account for the Subtrust Assets related to each Subtrust separately from the Subtrust Assets related to any other Subtrust.
It is the express intent of the parties hereto that effective upon the giving of such notice in the Certificate of Trust, the statutory provisions of Section 3804 of the Business Trust Statute relating to limitations on interseries liabilities (and the statutory effect under Section 3804 of the Business Trust Statute of setting forth such notice in the Certificate of Trust) became applicable to MART, the Trustee, the Beneficial Owner and the Subtrust Assets related to each Subtrust.
The obligations of the Seller represented by this Note are limited to the related Subtrust and the related Subtrust Assets.
City shall give Lessee prompt notice in writing of the institution of any suit or proceedings and permit Lessee to defend same, and will give all needed information, assistance, and authority to enable Lessee to do so.