Common use of Payments from Owner Trust Estate Clause in Contracts

Payments from Owner Trust Estate. All payments to be made by the Owner Trustee under this Trust Agreement or any of the Basic Documents to which the Owner Trustee is a party shall be made only from funds on deposit in the Certificate Distribution Account, the income and proceeds of the Owner Trust Estate or from other amounts required to be provided by the Certificateholders and only to the extent that the Owner Trust shall have received funds on deposit in the Certificate Distribution Account, income or proceeds from the Owner Trust Estate or the Certificateholders to make such payments in accordance with the terms hereof. Wilmington Trust Company, in its individual capacity, shall not be liable for any amounts payable under this Trust Agreement or any of the Basic Documents to which the Owner Trustee is a party.

Appears in 8 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4), Trust Agreement (American Home Mortgage Investment Trust 2005-3), Trust Agreement (American Home Mortgage Investment Trust 2004-3)

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Payments from Owner Trust Estate. All payments to be made by the Owner Trustee under this Trust Agreement or any of the Basic Documents to which the Owner Trustee is a party shall be made only from funds on deposit in the Certificate Distribution Account, the income and proceeds of the Owner Trust Estate or from other amounts required to be provided by the Certificateholders Certificateholder and only to the extent that the Owner Trust shall have received funds on deposit in the Certificate Distribution Account, income or proceeds from the Owner Trust Estate or the Certificateholders Certificateholder to make such payments in accordance with the terms hereof. Wilmington Trust Company, in its individual capacity, shall not be liable for any amounts payable under this Trust Agreement or any of the Basic Documents to which the Owner Trustee is a party.

Appears in 4 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2006-2), Trust Agreement (American Home Mortgage Investment Trust 2007-2), Trust Agreement (American Home Mortgage Investment Trust 2006-3)

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Payments from Owner Trust Estate. All payments to be made by the Owner Trustee under this Trust Agreement or any of the Basic Documents to which the Owner Trustee is a party shall be made only from funds on deposit in the Certificate Distribution Account, the income and proceeds of the Owner Trust Estate or from other amounts required to be provided by the Certificateholders Trust Certificateholder and only to the extent that the Owner Trust shall have received funds on deposit in the Certificate Distribution Account, income or proceeds from the Owner Trust Estate or the Certificateholders Trust Certificateholder to make such payments in accordance with the terms hereof. Wilmington Trust Company, in its individual capacity, shall not be liable for any amounts payable under this Trust Agreement or any of the Basic Documents to which the Owner Trustee is a party.

Appears in 1 contract

Samples: Trust Agreement (American Home Mortgage Investment Trust 2007-1)

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