Common use of Directions to Indenture Trustee Clause in Contracts

Directions to Indenture Trustee. The Indenture Trustee is hereby directed: (a) to accept the pledge of the Home Loans and hold the assets of the Trust in trust for the Noteholders and the Credit Enhancer; (b) to authenticate and deliver the Notes substantially in the form prescribed by Exhibits A-1 and A-2 in accordance with the terms of this Indenture; (c) on the Closing Date, to enter into the Credit Enhancement Instrument for the benefit of the Noteholders with the Credit Enhancer; and (d) to take all other actions as shall be required to be taken by the terms of this Indenture.