Negative Covenant of the Administrator Sample Clauses

Negative Covenant of the Administrator. The Administrator shall not remove the Owner Trustee pursuant to Section 10.2 of the Trust Agreement unless it has obtained the prior written consent of the Insurer if no Insurer Default or Insurer Insolvency exists.
AutoNDA by SimpleDocs

Related to Negative Covenant of the Administrator

Time is Money Join Law Insider Premium to draft better contracts faster.