Common use of Indenture Trustee's Capital and Surplus Clause in Contracts

Indenture Trustee's Capital and Surplus. The Indenture Trustee shall at all times (a)(i) have a combined capital and surplus of at least $50,000,000, or (ii) be a

Appears in 3 contracts

Samples: Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (American Business Financial Services Inc /De/), Indenture (Prudential Securities Secured Financing Corp)

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Indenture Trustee's Capital and Surplus. The Indenture Trustee shall at all times (a)(i) have a combined capital and surplus of at least $50,000,000, or (ii) be aa member of a bank holding company system, the aggregate combined capital and surplus of which is at least $100,000,000 and (b) be rated (or have long-term debt rated) "BBB" or better by S&P and "Baa2" by Xxxxx'x;

Appears in 2 contracts

Samples: Execution Version (American Business Financial Services Inc /De/), American Business Financial Services Inc /De/

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Indenture Trustee's Capital and Surplus. The Indenture Trustee shall at all times (a)(i) have a combined capital and surplus of at least $50,000,000, or (ii) be a member of a

Appears in 1 contract

Samples: Indenture (Prudential Securities Secured Financing Corp)

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