Additional Events of Default; Remedies. (a) In addition to the Events of Default set forth in Section 6.01, the following additional Events of Default shall be applicable to the Funding Notes:
Additional Events of Default; Remedies. 88 SECTION 13.08. Resignation or Removal of Trustee...................... 89 Schedules Schedule 1 - List of Trust Assets allocated to each Series. Schedule 2 - VSI Policies EXHIBITS EXHIBIT A - AutoBond Program Manual EXHIBIT B - Form of Collateral Assignment EXHIBIT C - Forms of Variable Funding Note EXHIBIT D - Form of Rule 144A Transferee Letter EXHIBIT E - Form of Investor Letter EXHIBIT F - Form of Administrator Report EXHIBIT G - Form of Repurchase Assignment EXHIBIT C FORM OF VARIABLE FUNDING NOTE THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS. BY ITS ACCEPTANCE HEREOF, EACH PURCHASER REPRESENTS AND AGREES THAT THIS NOTE MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED, EXCEPT IN COMPLIANCE WITH THE REGISTRATION PROVISIONS OF THE SECURITIES ACT AND ANY APPLICABLE PROVISIONS UNDER STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM SUCH PROVISIONS. THE TRANSFER OF THIS NOTE IS SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE INDENTURE REFERRED TO HEREIN. NEITHER THIS NOTE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE TRANSFEREE REPRESENTS THAT EITHER (A) IT IS NOT AN EMPLOYEE BENEFIT PLAN, TRUST OR ACCOUNT, WHETHER OR NOT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR DESCRIBED IN SECTION 4975(e)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING AN INDIVIDUAL RETIREMENT ACCOUNT, OR AN ENTITY WHOSE UNDERLYING ASSETS INCLUDE PLAN ASSETS BY REASON OF AN INVESTMENT IN SUCH ENTITY BY A PLAN, TRUST OR ACCOUNT DESCRIBED ABOVE, OR (B) THE ACQUISITION AND HOLDING OF SUCH NOTES WILL BE COVERED BY A DEPARTMENT OF LABOR CLASS EXEMPTION. AUTOBOND MASTER FUNDING CORPORATION VARIABLE FUNDING NOTE, SERIES A $50,000,000 June 30, 0000 Xxx Xxxx, Xxx Xxxx FOR VALUE RECEIVED, AutoBond Master Funding Corporation, a Nevada corporation (the "Company") for value received, hereby promises to pay to Daiwa Finance Corporation (the "Holder") or its assigns, the principal sum of Fifty Million Dollars ($50,000,000) (or such lesser amount as shall equal the aggregate unpaid principal amount of the Advances made by the Holder to the Company under the Credit Agreement (as modified and supplemented and in effect from time to time, the "Credit Agreement") dated as of June 30, 1997 among the Company, AutoBond Acceptance Corporation and the Holder), in lawful money of the United States of America and in immedia...
Additional Events of Default; Remedies
