Common use of Action on Bonds Clause in Contracts

Action on Bonds. The Indenture Trustee's right to seek and recover judgment under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or remedies of the Indenture Trustee or the Holders of Bonds shall be impaired by the recovery of any judgment by the Indenture Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Trust Estate.

Appears in 5 contracts

Samples: Indenture Agreement (Fund America Investors Corp Ii), Indenture (Fund America Investors Corp Ii), Indenture (Fund America Investors Corp Ii)

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Action on Bonds. The Indenture Trustee's right to seek and recover judgment under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or remedies of the Indenture Trustee Trustee, the Bond Insurer or the Holders of Bonds shall be impaired by the recovery of any judgment by the Indenture Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Trust Estate.

Appears in 2 contracts

Samples: Indenture (American Residential Eagle Bond Trust 1992-2), Indenture (Fund America Investors Corp Ii)

Action on Bonds. The Indenture Trustee's ’s right to seek and recover judgment under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or remedies of the Indenture Trustee or the Holders of Bonds shall be impaired by the recovery of any judgment by the Indenture Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Trust Estate.

Appears in 1 contract

Samples: Indenture (Sequoia Mortgage Funding Corp)

Action on Bonds. The Indenture Trustee's right to seek and recover judgment under this Indenture shall not be affected by the seeking, obtaining or application applying of any other relief under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or remedies of the Indenture Trustee or the Holders of Bonds Bondholders shall be impaired by the recovery of any judgment by the Indenture Trustee against the Issuer Sponsor or by the levy of any execution under such judgment upon any portion of the Trust Estate.

Appears in 1 contract

Samples: Trust Indenture (BFC Finance Corp)

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Action on Bonds. The Indenture Trustee's right to seek and recover judgment under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the lien of this Indenture nor any rights or remedies of the Indenture Trustee Trustee, MBIA or the Holders of Bonds shall be impaired by the recovery of any judgment by the Indenture Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Trust Estate.

Appears in 1 contract

Samples: Indenture (Sequoia Mortgage Funding Corp)

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