Covenants of the Collateral Trustee. The Collateral Trustee (in its individual capacity and in its trust capacity) hereby covenants and agrees with the other parties hereto that, so long as this Agreement is in effect:
Covenants of the Collateral Trustee Sample Clauses
Related to Covenants of the Collateral Trustee
Affirmative Covenants of the Collateral Custodian From the Closing Date until the Collection Date:
Negative Covenants of the Collateral Custodian From the Closing Date until the Collection Date:
Covenants of the Servicer At all times from the Closing Date until the Final Payout Date:
Negative Covenants of the Servicer From the Closing Date until the Collection Date:
Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:
Covenants of the Trust The Trust covenants and agrees to the following:
Covenants of the Depositor The Depositor covenants and agrees with the Underwriters that:
Covenants of the Trust Depositor In the event that any litigation with claims in excess of $1,000,000 to which the Trust Depositor is a party which shall be reasonably likely to result in a material judgment against the Trust Depositor that the Trust Depositor will not be able to satisfy shall be commenced, during the period beginning immediately following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Trust Depositor, such judgment has been satisfied), the Trust Depositor shall not pay any dividend to the Servicer, or make any distribution on or in respect of its capital stock to the Servicer, or repay the principal amount of any indebtedness of the Trust Depositor held by the Servicer, unless after giving effect to such payment, distribution or repayment, the Trust Depositor’s liquid assets shall not be less than the amount of actual damages claimed in such litigation.
COVENANTS OF THE DEBTOR So long as this Security Agreement remains in effect Debtor covenants and agrees:
Covenants of the Master Servicer The Master Servicer hereby covenants to the Depositor and the Trustee as follows:
