Common use of Sale of Trust Estate Clause in Contracts

Sale of Trust Estate. (a) The power to make any sale of any portion of the Trust Estate (a "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 shall have been sold or all amounts payable on the Bonds and under this 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. The Trustee hereby expressly waives its right to any amount fixed by law as compensation for any Sale but such waiver does not apply to amounts to which the Trustee is otherwise entitled under Section 9.02.

Appears in 1 contract

Samples: Trust Indenture (BFC Finance Corp)

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Sale of Trust Estate. (a) The power to make effect any sale of any portion of the Trust Estate (a "Sale") pursuant to Section 6.04 shall not be exhausted by any one or more Sales sales (each a "Sale") as to any portion of the such Trust Estate remaining unsold, unsold but shall continue unimpaired until the entire Trust Estate shall have been sold or all amounts payable on the Bonds Notes and under this Indenture with respect thereto shall have been paid. The Indenture Trustee (or an agent on its behalf) may from time to time postpone any Sale by public announcement made at the time and place of such Sale. The Indenture Trustee hereby expressly waives its right to any amount fixed by law as compensation for any Sale but such waiver does not apply to amounts to which the Trustee is otherwise entitled under Section 9.02Sale.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Commercial Assets Inc)

Sale of Trust Estate. (a) The power to make effect any public or private sale of any portion of the Trust Estate (a "Sale") pursuant to Section 5.04 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 either the entire Trust Estate shall have been sold or all amounts payable on the Bonds and under this Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any Sale sale by public announcement made at the time and place of such Salesale. The Indenture Trustee hereby expressly waives its right to any amount fixed by law as compensation for any Sale such sale but such waiver does not apply to any amounts to which the Indenture Trustee is otherwise entitled under Section 9.026.07 of this Indenture.

Appears in 1 contract

Samples: Imperial Credit Commercial Mortgage Acceptance Corp

Sale of Trust Estate. (a) The power to make effect any public or private sale of any portion of the Trust Estate (a "Sale") pursuant to Section 4.04 hereof 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 either the entire Trust Estate shall have been sold or all amounts payable on the Bonds and under this Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any Sale sale by public announcement made at the time and place of such Salesale. The Indenture Trustee hereby expressly waives its right to any amount fixed by law as compensation for any Sale such sale but such waiver does not apply to any amounts to which the Indenture Trustee is otherwise entitled under Section 9.025.04 of this Indenture.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp Impac CMB Trust 1998 C1 Col Mor Bond 1998 C1)

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Sale of Trust Estate. (a) The power to make effect any public or private sale of any portion of the Trust Estate (a "Sale") pursuant to Section 5.04 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 either the entire Trust Estate shall have been sold or all amounts payable on the Bonds and under this Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any Sale sale by public announcement made at the time and place of such Salesale. The Indenture Trustee hereby expressly waives its right to any amount fixed by law Law as compensation for any Sale such sale but such waiver does not apply to any amounts to which the Indenture Trustee is otherwise entitled under Section 9.026.07 of this Indenture.

Appears in 1 contract

Samples: Indenture (Collateralized Mortgage Bonds Series 1999 1)

Sale of Trust Estate. (a) The power to make effect any public or private sale of any portion of the Trust Estate (a "Sale") pursuant to Section 4.04 hereof 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 either the entire Trust Estate shall have been sold or all amounts payable on the Bonds Notes and under this Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any Sale sale by public announcement made at the time and place of such Salesale. The Indenture Trustee hereby expressly waives its right to any amount fixed by law as compensation for any Sale such sale but such waiver does not apply to any amounts to which the Indenture Trustee is otherwise entitled under Section 9.025.04 of this Indenture.

Appears in 1 contract

Samples: Oakwood Homes Corp

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