Common use of Sale of Trust Estate Clause in Contracts

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 shall not be exhausted by any one or more Sales as to any portion of such Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights to any amount fixed by law as compensation for any Sale.

Appears in 4 contracts

Samples: Indenture (Transition Auto Finance Ii Inc), Indenture (Transition Auto Finance Ii Inc), Indenture (Transition Auto Finance Ii Inc)

AutoNDA by SimpleDocs

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 6.03 shall not be exhausted by any one or more Sales as to any portion of such Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate securing the Bonds shall have been sold or all amounts payable on the Securities secured thereby and under this Indenture with respect thereto Bonds shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 3 contracts

Samples: Indenture (National Collegiate Trust 1996-S2), Custodial Agreement (National Collegiate Trust 1996-S2), Custodial Agreement (National Collegiate Trust 1996-S2)

Sale of Trust Estate. (a) The power to effect any sale or other disposition (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 5.04 is expressly subject to the provisions of Section 5.05 and this Section 5.18. The power to effect any such Sale shall not be exhausted by any one or more Sales as to any portion of such the Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby Notes and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any Sale To the fullest extent permitted by public announcement made at law, the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 2 contracts

Samples: Mid State Trust Vi, Mid State Trust Vi

Sale of Trust Estate. (a) The power to effect any sale or other disposition (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 5.04 is expressly subject to the provisions of Section 5.05 and this Section 5.18. The power to effect any such Sale shall not be exhausted by any one or more Sales as to any portion of such the Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby Notes and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 2 contracts

Samples: Mid-State Homes Inc, Mid State Trust Vi

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate securing a Series pursuant to Section 6.3 6.04 shall not be exhausted by any one or more Sales as to any portion of such Trust Estate remaining unsold, unsold but shall continue unimpaired until the entire such Trust Estate securing the Bonds of such Series shall have been sold or all amounts payable on the Securities secured thereby Bonds of such Series and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 2 contracts

Samples: Indenture (Union Planters Mortgage Finance Corp), Union Planters Home Equity Corp

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the a Trust Estate pursuant to Section 6.3 5.4 shall not be exhausted by any one or more Sales as to any portion of such Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities Bonds of the Series secured thereby and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 2 contracts

Samples: Capstead Securities Corporation Iv, CMC Securities Corp Iv

Sale of Trust Estate. (a) The power to effect any sale or other disposition (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 5.04 is expressly subject to the provisions of Section 5.05 and this Section 5.18. The power to effect any such Sale shall not be exhausted by any one or more Sales as to any portion of such the Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby Notes and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any Sale To the fullest extent permitted by public announcement made at law, the time and place of such Sale. The Indenture Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 2 contracts

Samples: Mid State Capital Corp, Mid State Homes Trust Xi

AutoNDA by SimpleDocs

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 5.04 shall not be exhausted by any one or more Sales as to any portion of such the Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby Notes and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 1 contract

Samples: Indenture (Merrill Lynch Mortgage Investors Inc)

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 5.04 hereof shall not be exhausted by any one or more Sales as to any portion of such the Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby Notes and under this Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale. The Indenture Trustee hereby expressly waives its rights to any amount fixed by law as compensation for any Sale.

Appears in 1 contract

Samples: Morgan Stanley Abs Capital I Inc

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 6.03 shall not be exhausted by any one or more Sales as to any portion of such Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate securing the Bonds shall have been sold or all amounts payable on the Securities secured thereby and under this Indenture with respect thereto Outstanding Obligations shall have been paid. The Trustee may with the consent of the Control Party, and at the direction of the Control Party shall, from time to time postpone any Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 1 contract

Samples: Administration Agreement (National Collegiate Trust 1997-S2)

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.3 5.04 shall not be exhausted by any one or more Sales as to any portion of such the Trust Estate remaining unsold, but shall continue unimpaired until the entire such Trust Estate shall have been sold or all amounts payable on the Securities secured thereby Bonds and under this Indenture with respect thereto shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the time and place of such Sale. The Trustee hereby expressly waives its rights right to any amount fixed by law as compensation for any Sale.

Appears in 1 contract

Samples: Sequoia Mortgage Funding Corp

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