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 14 contracts
Samples: Series Supplement (Bear Stearns Depositor Inc), Market Agent Agreement (Lehman Abs Corp), Market Agent Agreement (Lehman Abs Corp)
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.
Appears in 4 contracts
Samples: Elmwood Funding LTD, Elmwood Funding LTD, Elmwood Funding LTD
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: Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp)
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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Bond Products Depositor LLC
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.
Appears in 1 contract
Samples: Southpoint Structured Assets Inc
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.
Appears in 1 contract
Samples: Elmwood Funding LTD
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)
