Common use of Termination Upon Distribution to Noteholders Clause in Contracts

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificate Paying Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xx Xx. Xxxxx, living on the date hereof.

Appears in 8 contracts

Samples: Indenture (Long Beach Securities Corp), Indenture (Salomon Brothers Mortgage Securities Vii Inc), Indenture (Southern Pacific Secured Assets Corp)

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificate Paying Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx Coxxx xx Xx. Xxxxx, living on the date hereof.

Appears in 6 contracts

Samples: Indenture (Painewebber Mortgage Acceptance Corporation Iv), Servicing Agreement (Boardwalk Mortgage Securities Inc.), Indenture (Argent Securities Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the laxx xxxxxxxxxx xx xxe United States to the Couxx xx Xx. XxxxxCourt of St. James, living on the date hereofhxxxxx.

Appears in 5 contracts

Samples: Original Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Indenture (Residential Funding Mortgage Securities Ii Inc), Residential Funding Mortgage Securities Ii Inc

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificate Paying Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx Coxxx xx Xx. Xxxxx, living on the date hereof.

Appears in 2 contracts

Samples: Material Definitive Agreement (Structured Asset Mortgage Investments Ii Inc), Material Definitive Agreement (Opteum Mortgage Acceptance CORP)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of laxx xxxxxxxxxx xx the United States to the Couxx xx Xx. XxxxxCourt of St. James, living on the date hereofxxxxof.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador thx xxxx xxxxxxxxxx of the United States to the Couxx xx Xx. XxxxxCourt of St. James, living on the date xxxx hereof.

Appears in 1 contract

Samples: Indenture (Southern Pacific Secured Assets Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Insurance Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xx Xx. XxxxxCourt of St. Xxxxx'x, living on xxxxxx xn the date hereof.

Appears in 1 contract

Samples: Indenture (Home Equity Loan Trust 2006-Hsa3)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Insurance Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xx Xx. XxxxxCourt of St. Xxxxx'x, living xxxxxx on the date hereof.

Appears in 1 contract

Samples: Indenture (RFMSII Series 2005-Hsa1 Trust)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xxx Xxxxx xx Xx. XxxxxXxmes's, living on the date hereof.

Appears in 1 contract

Samples: Residential Asset Mort Prod Inc Gmacm Home Eq Ln Tr 2004 He1

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador xxx xxxx xxxxxxxxor of the United States to the Couxx xx Xx. XxxxxCourt of St. James, living on the date thx xxxe hereof.

Appears in 1 contract

Samples: Indenture (Impac Secured Assets CMN Trust Series 1998-1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx txx Xxxxx xx Xx. XxxxxXxxes's, living on the date hereof.

Appears in 1 contract

Samples: GMACM Home Equity Loan Trust 2006-He4

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xxx Xxxxx xx Xx. XxxxxJames's, living on the date hereof.

Appears in 1 contract

Samples: Residential Asset Mortgage Products Inc

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent, Agent on behalf of the Owner Trustee, the Certificateholders and the Indenture Trustee of all amounts required to be distributed paid pursuant to Article III; providedPROVIDED, howeverHOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xx Xx. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Ameriquest Mortgage Securities Inc

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent on behalf of the Certificateholders Certificateholders, the Enhancer and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx thx Xxxxx xx Xx. XxxxxXxmes's, living on the date hereof.

Appears in 1 contract

Samples: Wachovia Asset Securitization Inc 2003-He2 Trust

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent, Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Insurance Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx Xxxxx xx Xx. XxxxxXxxes's, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Home Equity Loan Trust 2006-Hsa5)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent, Agent on behalf of the Owner Trustee, the Certificateholders and the Indenture Trustee of all amounts required to be distributed paid pursuant to Article IIISection 8.02(a) or Section 8.07 hereof; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx xx Xx. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent, Agent on behalf of the Owner Trustee, the Certificateholders and the Indenture Trustee of all amounts required to be distributed paid pursuant to Article III; providedPROVIDED, howeverHOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx Coxxx xx Xx. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (New Century Home Equity Loan Trust 2004-2)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificate Paying Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Couxx thx Xxxxx xx Xx. XxxxxXxxes, living on the date hereof.

Appears in 1 contract

Samples: BNP Paribas Mortgage ABS LLC

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