Declaration of Trusts; Issuance of Certificates. Purpose and Classification of Trusts ------------------------------------
Declaration of Trusts; Issuance of Certificates. Section 2.1. Creation and Declaration of Trusts; Assignment of Term Assets............................... 16 Section 2.2.
Declaration of Trusts; Issuance of Certificates. Section 2.1. CREATION AND DECLARATION OF TRUSTS; ASSIGNMENT OF DEPOSITED ASSETS........................ 14 Section 2.2.
Declaration of Trusts; Issuance of Certificates. PURPOSE AND CLASSIFICATION OF TRUSTS
Declaration of Trusts; Issuance of Certificates. Section 2.1. Creation and Declaration of Trusts;
Declaration of Trusts; Issuance of Certificates. Section 2.1 Creation and Declaration of Trusts; Sale of Underlying Securities. 16 Section 2.2 Acceptance by Trustee 17 Section 2.3 Repurchase or Substitution of Certain Underlying Securities by the Underlying Security Seller. 18 Section 2.4 Representations and Warranties of the Depositor and Representations, Warranties and Covenants of the Administrative Agent 19 Section 2.5 Breach of Representation, Warranty or Covenant 20 Section 2.6 Agreement to Authenticate and Deliver Certificates 21 Section 2.7 Statement of Intent 21 ARTICLE III ADMINISTRATION OF EACH TRUST Section 3.1 Administration of each Trust 21 Section 3.2 Sub-Administration Agreements Between Administrative Agent or Trustee and Sub-Administrative Agents. 22 Section 3.3 Successor Sub-Administrative Agents 23 Section 3.4 Liability of the Administrative Agent 23 Section 3.5 No Contractual Relationship Between Certain Sub-Administrative Agents and Trustee or Certificateholders. 24 Section 3.6 Assumption or Termination of Sub-Administration Agreements by Trustee. 24 Section 3.7 Collection of Certain Underlying Security Payments 24 Section 3.8 Collections by Sub-Administrative Agent 25 Section 3.9 Certificate Account 25 Section 3.10 Investment of Funds in the Accounts 26 Section 3.11 Maintenance of Credit Support 27 Section 3.12 Realization Upon Defaulted Underlying Securities 27 Section 3.13 Retained Interest 29 Section 3.14 Administrative Agent’s Compensation and Reimbursement 29 Section 3.15 Statement as to Compliance. 30 Section 3.16 Attestation by Independent Public Accountants. 31 Section 3.17 Access to Certain Documentation 34 Section 3.18 Duties of the Administrative Agent 35 Section 3.19 Depositor to Furnish Names and Addresses of Holders to Trustee 35 Section 3.20 Preservation of Information, Communications to Holders 35 Section 3.21 Reports by Trustee 35
Declaration of Trusts; Issuance of Certificates. 14 Section 2.1 Creation and Declaration of Trusts; Assignment of Underlying Securities 14 Section 2.2 Acceptance by Trustee 15 [Section 2.3 Reserved 15
Declaration of Trusts; Issuance of Certificates. Section 2.1 Creation and Declaration of Trusts; Assignment of Underlying Securities.......................16 Section 2.2 Acceptance by Trustee.........................................................................17 Section 2.3 Repurchase or Substitution of Certain Underlying Securities by the Underlying Security Provider......................................................................................17 Section 2.4 Representations and Warranties of the Trustor and Representations, Warranties and Covenants of the Administrative Agent.........................................................19 Section 2.5 Breach of Representation, Warranty or Covenant................................................20 Section 2.6 Agreement to Authenticate and Deliver Certificates............................................20 Section 2.7 Statement of Intent...........................................................................20
Declaration of Trusts; Issuance of Certificates. Section 2.1 Creation and Declaration of Trusts; Assignment of Underlying Securities. (a) The Trustor, concurrently with the execution and delivery hereof, does hereby agree to (i) sell, assign, convey and set-over to the Trustee, on behalf and for the benefit of the Certificateholders of each given Series of Certificates and without recourse, all the right, title and interest of the Trustor, including any security interest therein for the benefit of the Trustor, in, to and under the Underlying Securities attributable to each such Series (except for the Underlying Securities attributable to such Series which are not sold by the Trustor, as specified in the Underlying Securities Schedule to the applicable Series Supplement), in each case as identified on the applicable Underlying Securities Schedule, and all other assets included or to be included in the respective Trust for the benefit of the Certificateholders of each such Series or (ii) deliver to the Trustee for deposit in the Certificate Account an amount, in immediately available funds in a form acceptable to the Trustee, sufficient to acquire the Underlying Securities attributable to such Series, in each case as identified on the Underlying Security Schedule to the applicable Series Supplement, and all other assets to be included in the respective Trust for the benefit of the Certificateholders of each such Series. Each such sale will include all interest, premium (if any) and principal received by or on behalf of the Trustor of, on or with respect to any such Underlying Securities due after the applicable Cut-off Date, and, unless otherwise specified in the Series Supplement, will exclude (i) all interest, premium (if any) and principal of, on or with respect to any such Underlying Securities due on or before the applicable Cut-off Date and (ii) any Retained Interest in any such Underlying Security.
Declaration of Trusts; Issuance of Certificates. Section 2.1. Creation and Declaration of Trusts; Assignment of Deposited Assets 19 Section 2.2. Acceptance by Trustee 21 Section 2.3. Repurchase or Substitution of Certain Deposited Assets by the Deposited Asset Provider 22 Section 2.4. Representations and Warranties of the Depositor and Representations, Warranties and Covenants of the Administrative Agent 23 Section 2.5. Breach of Representation, Warranty or Covenant 24 Section 2.6. Agreement to Execute, Authenticate and Deliver Certificates 24 Section 2.7. Statement of Intent 25 Section 2.8. Custody and Holding of Deposited Assets 25 ARTICLE III ADMINISTRATION OF EACH TRUST Section 3.1. Administration of each Trust 27
