Breach of Representation and Warranty. Upon the discovery by the Trustor or the Trustee of a breach of any of the representations and warranties made in the Trust Agreement that materially and adversely affects the interests of the Warrantholders, the party discovering such breach shall forward or cause the Warrant Agent to forward a written notice of such breach to the Warrantholders.
Appears in 3 contracts
Samples: Warrant Agent Agreement (STRATS (SM) Trust for Ambac Financial Group, Inc. Securities, Series 2007-1), Warrant Agent Agreement (Synthetic Fixed Income Securities Inc), Warrant Agent Agreement (Synthetic Fixed Income Securities Inc)
Breach of Representation and Warranty. Upon the discovery by the Trustor Depositor or the Trustee of a breach of any of the representations and warranties made in the Trust Agreement that materially and adversely affects the interests of the Warrantholders, the party discovering such breach shall forward or cause the Warrant Agent to forward a written notice of such breach to the Warrantholders.
Appears in 2 contracts
Samples: Warrant Agent Agreement (Fixed Income Trust for Prudential Financial, Inc. Notes, Series 2012-1), Warrant Agent Agreement (Fixed Income Trust for Goldman Sachs Subordinated Notes, Series 2011-1)