Common use of Trust Obligations Clause in Contracts

Trust Obligations. (a) All Trust Liabilities, to the extent not paid by a third party, including the fees and expenses that the Reimbursement and Disclosure Agent has agreed to pay pursuant to the Reimbursement and Disclosure Agreement, are, and shall be, obligations of the Trust and when due and payable shall be satisfied out of the Trust Property.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Trust Obligations. (a) All Trust Liabilities, to the extent not paid by a third party, including the fees and expenses that the Reimbursement and Disclosure Agent has agreed to pay pursuant to the Reimbursement and Disclosure Agreement, are, and shall be, obligations of the Trust generally, or any Series, as applicable, and when due and payable shall be satisfied out of the Trust Property.

Appears in 3 contracts

Samples: Trust Agreement (AHP Title Holdings LLC), Trust Agreement (AHP Servicing LLC), Trust Agreement (American Homeowner Preservation 2015A LLC)

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