Liquidation of the Underlying Securities. If specified in the applicable Series Supplement, upon the occurrences of specified events, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom into the Certificate Account pursuant to Section 3.03(a) hereof.
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Samples: Series Supplement Corporate Bond Backed Certificates (Lehman Abs Corp), Callable Treasury Strip Trust Certificates Series Supplement (Lehman Abs Corp), Trust Agreement (Bear Stearns Depositor Inc)
Liquidation of the Underlying Securities. If ---------------------------------------- specified in the applicable Series Supplement, upon the occurrences of specified events, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom into the Certificate Account pursuant to Section 3.03(a) hereof.
Appears in 4 contracts
Samples: Series Supplement (Lehman Abs Corp), Series Supplement (Lehman Abs Corp), Series Supplement Bond Backed Certificates (Lehman Abs Corp)
Liquidation of the Underlying Securities. If specified in the applicable Series Supplement, upon the occurrences of specified events, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom into the Certificate Account pursuant to Section 3.03(a3.03.(a) hereof.
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Liquidation of the Underlying Securities. If specified ---------------------------------------- in the applicable Series Supplement, upon the occurrences of specified events, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom into the Certificate Account pursuant to Section 3.03(a) hereof.
Appears in 1 contract
Samples: Trust Agreement (Db Depositor Inc)
Liquidation of the Underlying Securities. If specified in the applicable Series Supplement, upon the occurrences of specified eventsevents including any Underlying Security held by the Trust becoming a Disqualified Security, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom into the Certificate Account pursuant to Section 3.03(a) hereof.
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Liquidation of the Underlying Securities. (a) ---------------------------------------- If specified in the applicable Series Supplement, upon the occurrences of specified events, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom into the Certificate Account pursuant to Section 3.03(a) hereof.
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Liquidation of the Underlying Securities. If specified in the applicable Series Supplement, upon the occurrences occurrence of certain specified events, the Trustee shall direct the Market Agent to sell the Underlying Securities in compliance with the Sale Procedures and to deposit the Liquidation Proceeds therefrom thereof into the Certificate Account pursuant to Section 3.03(a) hereof.
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