Common use of Release of Trust Estate Clause in Contracts

Release of Trust Estate. (a) Subject to the payment of its fees, expenses and indemnities pursuant to Section 6.07, the Indenture Trustee shall, when required by Section 8.04(b), execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Release of Trust Estate. (a) Subject to the payment of its fees, reimbursements, indemnities and expenses and indemnities pursuant to Section 6.076.7, the Indenture Trustee shallmay, and when required by Section 8.04(b)the provisions of this Indenture shall, execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this IndentureIndenture or any other Basic Document, or convey the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this IndentureIndenture or such other document. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Release of Trust Estate. (a) Subject to the payment of ----------------------- its fees, expenses and indemnities pursuant to Section 6.07, the Indenture Trustee shall, when required by Section 8.04(b), execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Release of Trust Estate. (a) Subject to Section 8.11 and the payment of its fees, fees and expenses and indemnities pursuant to Section 6.076.7, the Indenture Trustee shallmay, and when required by Section 8.04(bthe Trust and the provisions of this Indenture shall (in each case, with the prior written consent of the Insurer), execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this IndentureIndenture or the Sale and Servicing Agreement. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Release of Trust Estate. (a) Subject to the payment of its fees, expenses and indemnities pursuant to Section 6.0711.01, the Indenture Trustee shallmay, and when required by Section 8.04(b)the provisions of this Indenture shall, upon Issuer Order executed by each of the Co-Issuers, execute instruments (prepared by and at the Issuer) expense of the Co-Issuers to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Release of Trust Estate. (ah) Subject to the payment of its fees, expenses and indemnities pursuant to Section 6.0711.01, the Indenture Trustee shallmay, and when required by Section 8.04(b)the provisions of this Indenture shall, upon Issuer Order executed by each of the Co-Issuers, execute instruments (prepared by and at the Issuer) expense of the Co-Issuers to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Release of Trust Estate. (a) Subject to Section 8.11 and the payment of its fees, fees and expenses and indemnities pursuant to Section 6.076.7, the Indenture Trustee shallmay, and when required by Section 8.04(b)the Trust and the provisions of this Indenture shall in each case, with the prior written consent of the Insurer, execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this IndentureIndenture or the Sale and Servicing Agreement. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.

Release of Trust Estate. (a) Subject to the payment of its fees, expenses and indemnities pursuant to Section 6.076.7, the Indenture Trustee shall, when required by Section 8.04(b8.4(b), execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's ’s interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's ’s authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Release of Trust Estate. (a) Subject to the payment of its it ----------------------- fees, expenses and indemnities pursuant to Section 6.07, the Indenture Trustee shall, when required by Section 8.04(b), execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.

Release of Trust Estate. (a) Subject to the payment of its fees, fees and expenses and indemnities pursuant to Section 6.076.7, the Indenture Trustee shallmay, and when required by Section 8.04(b), the provisions of -44- 2002-1 Indenture this Indenture will execute instruments (prepared by the Issuer) to release (without recourse or warranty) property from the lien Lien of this IndentureIndenture or any other Basic Document, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this IndentureIndenture or such other document. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.