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 15 contracts
Samples: Trust 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 Funding LLC), Trust Agreement (National Collegiate Student Loan Trust 2004-1)
