Examples of Trust Estate in a sentence
No obligations payable from the Trust Estate or any portion thereof, other than Subordinated Indebtedness, shall be issued or incurred by the Metropolitan Government, except as set forth in this Article II, including without limitation any obligations issued under the Prior Resolution.
Nothing herein shall preclude a proper party in interest from seeking and obtaining, to the extent permitted by law, specific performance against the Issuer for any failure to comply with any term, condition, covenant or agreement herein, provided that no costs, expenses or other monetary relief shall be recoverable from the Issuer except as may be payable from the Pledged Revenues or the proceeds of the Bonds and other amounts pledged hereunder as part of the Trust Estate.
The Trust Estate Managers are responsible for recording, monitoring and analysing water, gas and electricity consumption on a monthly basis.
No recourse under or upon any obligation, covenant or agreement contained in this Agreement, the Indenture or in any Bond secured by the Indenture, or under any judgment obtained against the Issuer, or by the enforcement of any assessment or by any legal or equitable proceeding by virtue of any constitution or statute or otherwise or under any circumstances, under or independent of this Agreement or the Indenture, shall be had against the Issuer except from the Project or the Trust Estate.
All such policies insuring any portion of the Trust Estate shall have lender or mortgagee loss payable clauses or endorsements in favor of the Trustee in form and content, and as otherwise required by, the Indenture.