Common use of Depositor Obligations to Purchaser Clause in Contracts

Depositor Obligations to Purchaser. Notwithstanding any other provision herein, the Depositor shall furnish to (a) the Purchaser, (b) any Owner of the Preferred Securities reasonably identified to the Depositor or the Trust (which identification may be made either by such Owner or by the Placement Agent or Purchaser) and (c) any designee of (a) or (b) above, copies of all correspondence, notices, forms, filings, reports and other documents required to be provided by the Depositor, whether acting through an Administrative Trustee or otherwise, to the Property Trustee or Delaware Trustee under this Trust Agreement. Notwithstanding the foregoing, the delivery requirements under this Section 10.1 shall be deemed satisfied to the extent the foregoing recipients otherwise receive any such copies of correspondence, notices, forms, filings, reports or other documents pursuant to any other provision of this Trust Agreement or pursuant to any other Operative Document.

Appears in 3 contracts

Samples: Trust Agreement (Levitt Corp), Trust Agreement (Bluegreen Corp), Trust Agreement (Bluegreen Corp)

AutoNDA by SimpleDocs

Depositor Obligations to Purchaser. Notwithstanding any other provision herein, the Depositor shall furnish to (a) the Purchaser, (b) any Owner of the Preferred Securities reasonably identified to the Depositor or the Trust (which identification may be made either by such Owner or by the Placement Agent or Purchaser) and (c) any designee of (a) or (b) above, copies of all correspondence, notices, forms, filings, reports and other documents required to be provided by the Depositor, whether acting through an Administrative Trustee or otherwise, to the Property Trustee or Delaware Trustee under this Trust Agreement. Notwithstanding the foregoing, the delivery requirements under this Section 10.1 shall be deemed satisfied to the extent the foregoing recipients otherwise receive any such copies of correspondence, notices, forms, filings, reports or other documents pursuant to any other provision of this Trust Agreement (including without limitation Section 8.16(c) and Section 10.2) or pursuant to any other Operative Document.

Appears in 1 contract

Samples: Trust Agreement (Bluegreen Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.