Lien on Trust Property. Following the retirement of the Notes, the Owner Trustee shall have a lien on the Trust Property for any compensation or expenses and indemnity due hereunder which lien shall be prior to all other liens.
Appears in 13 contracts
Samples: Alternative Servicing Agreement, Trust Agreement, Trust Agreement
Lien on Trust Property. Following the retirement of the Notes, Notes the Owner Trustee shall have a lien on the Trust Property for any compensation or expenses and indemnity due hereunder which lien shall be prior to all other liens.
Appears in 5 contracts
Samples: Trust Agreement (National Collegiate Student Loan Trust 2005-2), Trust Agreement (National Collegiate Student Loan Trust 2004-1), Authority And (National Collegiate Student Loan Trust 2005-1)
Lien on Trust Property. Following the retirement of the Notes, the Owner Trustee shall have a lien on the Trust Property for any compensation or expenses and indemnity due hereunder which lien shall be prior to all other liens.. Section 10.04
Appears in 2 contracts
