Common use of Maintenance of Trust Clause in Contracts

Maintenance of Trust. On or before each March 31, beginning in 2006, so long as any of the Obligations are outstanding, and promptly after the execution and delivery of each amendment to any financing statement, the Servicer shall furnish to the Insurer and the Indenture Trustee an officers’ certificate and an opinion of counsel as described in Section 3.6(b) of the Indenture, either stating that such action has been taken with respect to the recording, filing, rerecording and refiling of any financing statements and continuation statements as is necessary to maintain the interest of the Indenture Trustee created by the Indenture with respect to the Trust and reciting the details of such action or stating that no such action is necessary to maintain such interests. Such officers’ certificate shall also describe the recording, filing, rerecording and refiling of any financing statements and continuation statements that will be required to maintain the interest of the Indenture Trustee in the Trust until the date such next officers’ certificate is due. The Servicer will use its best efforts to cause any necessary recordings or filings to be made with respect to the Trust.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

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Maintenance of Trust. On or before each March 31, beginning in 20062005, so long as any of the Obligations are outstanding, and promptly after the execution and delivery of each amendment to any financing statement, the Servicer shall furnish to the Insurer and the Indenture Trustee an officers’ certificate and an opinion of counsel as described in Section 3.6(b) of the Indenture, either stating that such action has been taken with respect to the recording, filing, rerecording and refiling of any financing statements and continuation statements as is necessary to maintain the interest of the Indenture Trustee created by the Indenture with respect to the Trust and reciting the details of such action or stating that no such action is necessary to maintain such interests. Such officers’ certificate shall also describe the recording, filing, rerecording and refiling of any financing statements and continuation statements that will be required to maintain the interest of the Indenture Trustee in the Trust until the date such next officers’ certificate is due. The Servicer will use its best efforts to cause any necessary recordings or filings to be made with respect to the Trust.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

Maintenance of Trust. On or before each March 31, beginning in 20062001, so long as any of the Obligations are outstanding, and promptly after the execution and delivery of each amendment to any financing statement, the Servicer shall furnish to the Insurer and the Indenture Trustee an officers' certificate and an opinion of counsel as described in Section 3.6(b) of the Indenture, either stating that such action has been taken with respect to the recording, filing, rerecording and refiling of any financing statements and continuation statements as is necessary to maintain the interest of the Indenture Trustee created by the Indenture with respect to the Trust and reciting the details of such action or stating that no such action is necessary to maintain such interests. Such officers' certificate shall also describe the recording, filing, rerecording and refiling of any financing statements and continuation statements that will be required to maintain the interest of the Indenture Trustee in the Trust until the date such next officers' certificate is due. The Servicer will use its best efforts to cause any necessary recordings or filings to be made with respect to the Trust.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

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Maintenance of Trust. On or before each March January 31, beginning in 20062007, so long as any of the Obligations are outstanding, and promptly after the execution and delivery of each amendment to any financing statement, the Servicer shall furnish to the Insurer and the Indenture Trustee an officers’ certificate and an opinion of counsel as described in Section 3.6(b) of the Indenture, either stating that such action has been taken with respect to the recording, filing, rerecording and refiling of any financing statements and continuation statements as is necessary to maintain the interest of the Indenture Trustee created by the Indenture with respect to the Trust and reciting the details of such action or stating that no such action is necessary to maintain such interests. Such officers’ certificate shall also describe the recording, filing, rerecording and refiling of any financing statements and continuation statements that will be required to maintain the interest of the Indenture Trustee in the Trust until the date such next officers’ certificate is due. The Servicer will use its best efforts to cause any necessary recordings or filings to be made with respect to the Trust.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

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