Common use of Call Warrant Clause in Contracts

Call Warrant. (a) The Trust Property of the Trust created hereby does not include the Call Warrant. The transfer and exchange of the Call Warrant shall be administered by the Trustee on behalf of the Depositor.

Appears in 3 contracts

Samples: Southpoint Structured Assets Inc, Southpoint Structured Assets Inc, Southpoint Structured Assets Inc

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Call Warrant. (a) The Trust Property of the Trust created hereby does not include the Call Warrant. The transfer and exchange of the Call Warrant shall be administered by the Trustee on behalf of the DepositorDepositor as initial Warrantholder or any successor thereto and the Trustee shall keep a written record of all such assignments. The Underlying Security shall be held by the Trustee for the benefit of the Warrantholder as well as the Certificateholders subject to such rights as the Certificateholders may have prior to the exercise of the Call Warrant.

Appears in 2 contracts

Samples: Southpoint Structured Assets Inc, Southpoint Structured Assets Inc

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Call Warrant. (a) The Trust Property of the Trust created hereby does not include the Call Warrant. The transfer and exchange of the Call Warrant shall be administered by the Trustee on behalf of the Depositor. The Underlying Security shall be held by the Trustee for the benefit of the Warrantholder as well as the Certificateholders subject to such rights as the Certificateholders may have prior to the exercise of the Call Warrant.

Appears in 1 contract

Samples: Southpoint Structured Assets Inc

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