Common use of Preservation of Information; Communications to Certificateholders Clause in Contracts

Preservation of Information; Communications to Certificateholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Certificateholders contained in the most recent list furnished to the Trustee as provided in Section 3.7 and the names and addresses of Certificateholders received by the Trustee in its capacity as Certificate Registrar. The Trustee may destroy any list furnished to it as provided in such Section 3.7 upon receipt or preparation of a new list so furnished. (b) Certificateholders shall have the right to communicate pursuant to TIA Section 312(b) with other Certificateholders with respect to their rights under the Series Trust Agreement or under the Certificates, and the Trustee shall take such action, from time to time, as may be required by the provisions of TIA Section 312(b). (c) The Depositor, the Trustee and the Certificate Registrar shall have the protection of TIA Section 312(c).

Appears in 7 contracts

Samples: Series Trust Agreement (Corporate Asset Backed Corp), Series Trust Agreement (Corporate Asset Backed Corp), Trust Agreement (Corporate Asset Backed Corp)

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Preservation of Information; Communications to Certificateholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Certificateholders contained in the most recent list furnished to the Trustee as provided in Section 3.7 by the Certificate Registrar and the names and addresses of Certificateholders received by the Trustee in its capacity as Certificate Registrar, if applicable. The Trustee may destroy any list furnished to it by the Certificate Registrar as provided in such Section 3.7 upon receipt or preparation of a new list so furnishedlist. (b) Certificateholders shall have the right to communicate pursuant to TIA Section 312(b) with other Certificateholders with respect to their rights under the Series Trust this Agreement or under the Certificates, and the Trustee shall take such action, from time to time, as may be required by the provisions of TIA Section 312(b). (c) The Depositor, the Trustee and the Certificate Registrar shall have the protection of protections provided pursuant to TIA Section 312(c).

Appears in 5 contracts

Samples: Trust Agreement (Incapital Trust Products II LLC), Trust Agreement (Incapital Trust Products LLC), Trust Agreement (Incapital Trust Products LLC)

Preservation of Information; Communications to Certificateholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Certificateholders contained in the most recent list furnished to the Trustee as provided in Section 3.7 by the Certificate Registrar and the names and addresses of Certificateholders received by the Trustee in its capacity as Certificate Registrar, if applicable. The Trustee may destroy any list furnished to it by the Certificate Registrar as provided in such Section 3.7 upon receipt or preparation of a new list so furnishedlist. (b) Certificateholders shall have the right to communicate pursuant to TIA Section 312(b) with other Certificateholders with respect to their rights under the Series Trust this Agreement or under the Certificates, and the Trustee shall take such action, from time to time, as may be required by the provisions of TIA Section 312(b). (c) The Regardless of whether the TIA shall apply to this Agreement, the Depositor, the Trustee and the Certificate Registrar shall have the protection of protections provided pursuant to TIA Section 312(c).

Appears in 3 contracts

Samples: Trust Agreement (Core Bond Products LLC), Trust Agreement (Core Bond Products LLC), Trust Agreement (Core Bond Products LLC)

Preservation of Information; Communications to Certificateholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Certificateholders contained in the most recent list furnished to the Trustee as provided in Section 3.7 3.19 and the names and addresses of Certificateholders received by the Trustee in its capacity as Certificate Registrarregistrar. The Trustee may destroy any list furnished to it as provided in such Section 3.7 3.19 upon receipt or preparation of a new list so furnished. (b) Certificateholders shall have the right to communicate pursuant to TIA Section 312(b) with other Certificateholders with respect to their rights under the Series Trust Agreement these Standard Terms or under the Certificates, and the Trustee shall take such action, from time to time, as may be required by the provisions of TIA Section 312(b). (c) The Depositor, the Trustee and the Certificate Registrar registrar shall have the protection of TIA Section 312(c).

Appears in 2 contracts

Samples: Trust Agreement (Hexagon ABS Corp.), Trust Agreement (CSFB Asset Repackaging Depositor LLC)

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Preservation of Information; Communications to Certificateholders. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Certificateholders contained in the most recent list furnished to the Trustee as provided in Section 3.7 by the Certificate Registrar and the names and addresses of Certificateholders received by the Trustee in its capacity as Certificate Registrar, if applicable. The Trustee may destroy any list furnished to it by the Certificate Registrar as provided in such Section 3.7 upon receipt or preparation of a new list so furnishedlist. (ba) Certificateholders shall have the right to communicate pursuant to TIA Section 312(b) with other Certificateholders with respect to their rights under the Series Trust this Agreement or under the Certificates, and the Trustee shall take such action, from time to time, as may be required by the provisions of TIA Section 312(b). (cb) The Depositor, the Trustee and the Certificate Registrar shall have the protection of protections provided pursuant to TIA Section 312(c).

Appears in 1 contract

Samples: Trust Agreement (Bond Trust Products LLC)

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