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 6.04 hereof shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates and under this Agreement 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.

Appears in 3 contracts

Samples: Trust and Security Agreement (Granite Financial Inc), Trust and Security Agreement (Granite Financial Inc), Trust and Security Agreement (Granite Financial Inc)

AutoNDA by SimpleDocs

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate Property pursuant to this Section 6.04 hereof 5.19 shall not be exhausted by any one or more Sales sales as to any portion of the Trust Estate Property remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates Property shall have been sold or all amounts payable on the Certificates and under this Agreement with respect thereto Notes shall have been paid. The Indenture Trustee may from time to time time, upon directions in accordance with Section 5.12, postpone any Sale public sale by public announcement made at the time and place of such Salesale.

Appears in 2 contracts

Samples: Indenture (Prudential Securities Secured Financing Corp), Indenture (Prudential Securities Secured Financing Corp)

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") Sale of any portion of the Trust Estate pursuant to Section 6.04 hereof 9.11 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates Notes and under this Agreement with respect thereto thereto, and all Note Insurer Obligations, 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.

Appears in 2 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.04 hereof 8.11 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates Notes and under this Agreement with respect thereto thereto, and all Note Insurer Obligations, shall have been paid. The Trustee may from time to time postpone any public Sale by public announcement made at the the. time and place of such Sale.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") Sale of any portion of the Trust Estate pursuant to Section 6.04 hereof 9.04 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates Notes and under this Agreement 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.

Appears in 1 contract

Samples: Oakwood Homes Corp

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the any Series Trust Estate pursuant to Section 6.04 hereof shall not be exhausted by any one or more Sales as to any portion of the such Series Trust Estate remaining unsold, but shall continue unimpaired until the entire Series Trust Estate securing the Certificates such Series shall have been sold or all amounts payable on the Certificates Notes of such Series and under this Agreement 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.

Appears in 1 contract

Samples: Trendwest Resorts Inc

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate pursuant to Section 6.04 hereof 8.11 shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates Notes and under this Agreement 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.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

Sale of Trust Estate. (a) The power to effect any sale (a "SaleSALE") of any portion of the Trust Estate pursuant to Section 6.04 5.04 hereof shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates Notes and under this Agreement Indenture with respect thereto shall have been paid. The Indenture Trustee may may, with the consent of the Note Insurer, from time to time postpone any public Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Indenture (Accredited Home Lenders 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 6.04 hereof shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates Notes shall have been sold or all amounts payable on the Certificates Notes and under this Agreement the Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Microfinancial Inc

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate Property pursuant to Section 6.04 hereof 5.19 shall not be exhausted by any one or more Sales sales as to any portion of the Trust Estate Property remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates Property shall have been sold or all amounts payable on the Certificates and under this Agreement with respect thereto Notes shall have been paid. The Indenture Trustee may from time to time time, upon directions in accordance with Section 5.12, postpone any Sale public sale by public announcement made at the time and place of such Salesale.

Appears in 1 contract

Samples: Indenture (Prudential Securities Secured Financing Corp)

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 6.04 hereof 5.04 is expressly subject to the provisions of Section 5.05 and this Section 5.15. The power to effect any such Sale shall not be exhausted by any one or more Sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates shall have been sold or all amounts payable on the Certificates and under this Agreement 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.but

Appears in 1 contract

Samples: Indenture (Argent Securities Inc)

Sale of Trust Estate. (a) The power to effect any sale (a "Sale") of any portion of the Trust Estate allocated to a Series of Notes pursuant to Section 6.04 hereof 6.3 shall not be exhausted by any one or more Sales sales as to any portion of the Trust Estate remaining unsold, but shall continue unimpaired until the entire Trust Estate securing the Certificates so allocated shall have been sold or all amounts payable on the Certificates and under this Agreement with respect thereto Notes of such Series shall have been paid. The Trustee may from time to time time, upon directions in accordance with Section 6.12, postpone any Sale public sale by public announcement made at the time and place of such Salesale.

Appears in 1 contract

Samples: Epic Master Funding (Resort Investment LLC)

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