Administration of the Trust. (a) Except as otherwise specified herein, the Trustee shall administer the Trust Property for the benefit of the Certificateholders. In administering the Trust Property, the Trustee shall follow the collection procedures specified in the Underlying Notes and shall perform all other duties set forth herein. The duties of the Trustee shall be performed in accordance with applicable law.
Appears in 8 contracts
Samples: Trust Agreement (Incapital Trust Products LLC), Trust Agreement (Incapital Trust Products LLC), Trust Agreement (Bond Trust Products LLC)
Administration of the Trust. (a) Except as otherwise specified herein, the The Trustee shall administer the Trust Property for the benefit of the CertificateholdersUnitholders. In administering the Trust Propertyengaging in such activities, the Trustee shall follow the or cause to be followed collection procedures specified in accordance with the terms of the Trust Agreement, the Underlying Notes Securities, the Swap Agreement, the indemnification offered by the Depositor pursuant to Section 10.05(b) and shall perform all other duties set forth hereinthe Guarantee. The duties of the Trustee shall be performed in accordance with applicable local, State and Federal law.
Appears in 6 contracts
Samples: Structured Asset Trust (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp)
Administration of the Trust. (a) Except as otherwise specified herein, the The Trustee shall administer the Trust Property for the benefit of the CertificateholdersUnitholders. In administering the Trust Propertyengaging in such activities, the Trustee shall follow the or cause to be followed collection procedures specified in accordance with the Underlying Notes terms of the Trust Agreement, the Securities, the Swap Agreement, the indemnification offered by the Depositor pursuant to Section 10.05(b) and shall perform all other duties set forth hereinthe Guarantee. The duties of the Trustee shall be performed in accordance with applicable local, State and Federal law.
Appears in 3 contracts
Samples: Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp)
Administration of the Trust. (a) Except as otherwise specified herein, the The Trustee shall administer the Trust Property for the benefit of the CertificateholdersHolders. In administering the Trust Propertyengaging in such activities, the Trustee shall follow the or cause to be followed collection procedures specified in accordance with the terms of the Trust Agreement, the Underlying Notes Securities, the Swap Agreement, the indemnification offered by the Depositor pursuant to Section 10.05(b) and shall perform all other duties set forth hereinthe Swap Guarantee. The duties of the Trustee shall be performed in accordance with applicable local, State and Federal law.
Appears in 3 contracts
Samples: Trust Agreement (Comcertz Abs Corp), Trust Agreement (Comcertz Abs Corp), Comcertz Abs Corp
Administration of the Trust. (a) Except as otherwise specified herein, the The Trustee shall administer the Trust Property for the benefit of the Certificateholders. In administering the Trust Property, the Trustee shall follow the collection procedures specified in the Underlying Notes and shall perform all other duties set forth herein. The duties of the Trustee shall be performed in accordance with applicable local, State and Federal law.
Appears in 3 contracts
Samples: Credit & Asset Repackaging Vehicle Corp, Credit & Asset Repackaging Vehicle Corp, Credit & Asset Repackaging Vehicle Corp
Administration of the Trust. (a) Except as otherwise specified herein, the Trustee shall administer the Trust Property for the benefit of the Certificateholders. In administering the Trust Property, the Trustee shall follow the collection collections procedures specified in the Underlying Notes and shall perform all other duties set forth herein. The duties of the Trustee shall be performed in accordance with applicable U.S. Federal, State and local law.
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Administration of the Trust. (a) Except as otherwise specified herein, the Trustee shall administer the Trust Property for the benefit of the Certificateholders. In administering the Trust Property, the Trustee shall follow the collection procedures specified in the Underlying Notes CDs and shall perform all other duties set forth herein. The duties of the Trustee shall be performed in accordance with applicable law.
Appears in 1 contract
Administration of the Trust. (a) Except as otherwise specified herein, the The Trustee shall administer the Trust Property for the benefit of the CertificateholdersUnitholders. In administering the Trust Propertyengaging in such activities, the Trustee shall follow the or cause to be followed collection procedures specified in accordance with the Underlying Notes terms of the Trust Agreement, the Debt Securities, the Swap Agreement, the indemnification offered by the Depositor pursuant to Section 10.05(b) and shall perform all other duties set forth hereinthe Guarantee. The duties of the Trustee shall be performed in accordance with applicable local, State and Federal law.
Appears in 1 contract
