Covenant of Depositor. The Depositor shall not amend Article Third of its Certificate of Incorporation without the prior written consent of each Rating Agency rating the Certificates.
Covenant of Depositor. Section 10.09 Recharacterization........................................... Section 10.10 Regulation AB Compliance; Intent of Parties; Reasonableness..............................................
Covenant of Depositor. The Depositor hereby covenants that it will be adequately capitalized at all times. The Depositor hereby further covenants that it will not purchase or otherwise acquire any Certificates in the open market or otherwise at any time. * * * * *
Covenant of Depositor. 12 EXHIBIT A -- Form of Amortizing Class Certificate EXHIBIT B -- Form of Residual Class Certificate SCHEDULE 1 -- Identification of Term Assets SCHEDULE 2 -- Amortization Schedule SERIES NSC 1998-1 SUPPLEMENT dated as of April 13, 1998 (this "Series Supplement") between Prudential Securities Structured Assets, Inc., a Delaware corporation, as depositor (the "Depositor"), and The Bank of New York, a New York banking corporation, as trustee (the "Trustee").
Covenant of Depositor. The Depositor hereby covenants that it will be adequately capitalized at all times.
Covenant of Depositor. The Depositor hereby covenants that it will be adequately capitalized at all times. * * * * *
Covenant of Depositor. 9 EXHIBIT A -- Form of [ ] Class Certificate SCHEDULE 1 -- Identification of Underlying Securities SERIES [ ]-[ ] SUPPLEMENT dated as of , (this "Series Supplement"), between Prudential Securities Structured Assets, Inc., a Delaware corporation, as depositor (the "Depositor"), and The Chase Manhattan Bank, a New York banking corporation, as trustee (the "Trustee").
Covenant of Depositor. 9 EXHIBIT A -- Form of Amortizing Class Certificate EXHIBIT B -- Form of Residual Class Certificate SCHEDULE 1 -- Identification of Term Assets SERIES FDX 1997-1 SUPPLEMENT dated as of August 28, 1997 (this "Series Supplement") between Prudential Securities Structured Assets, Inc., a Delaware corporation, as depositor (the "Depositor"), and The Bank of New York, a New York banking corporation, as trustee (the "Trustee").
Covenant of Depositor. The Depositor hereby covenants that it will be adequately capitalized at all times. In connection therewith, the Depositor will make no dividend or other similar distribution unless the funds remaining after such action exceed the amount required to pay all scheduled fees and expenses of the Depositor in connection with the Certificates and each other issue of securities with respect to which the Depositor is acting as depositor.
Covenant of Depositor. 13 SECTION 28.Affiliate's Exchange Right..................................14 SCHEDULE 1 -- Identification of Term Assets SCHEDULE 2 -- Amortizing Class Certificates-Schedule of Amortizing Payments
