Preservation of Information; Communications to Noteholders. (a) The Trust Administrator shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator in its capacity as Note Registrar. The Trust Administrator may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, the Indenture Trustee and the Trust Administrator that neither the Issuer, the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 8 contracts
Samples: Indenture (NYMT Securities CORP), Indenture (Fieldstone Mortgage Investment CORP), Indenture (Fieldstone Mortgage Investment Trust, Series 2004-5)
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator in its capacity as Note Registrar. The Trust Administrator may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% [25]% of the Outstanding Balance thereof (hereinafter referred to as “"Applicants”"), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator shall, within five [five] Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, the Indenture Trustee and the Trust Administrator that neither the Issuer, the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 5 contracts
Samples: Indenture (Cwalt Inc), Indenture (CWHEQ, Inc.), Indenture (CWMBS Inc)
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 5 contracts
Samples: Indenture (Sasco Mortgage Loan Trust Series 2004-Gel2), Indenture (Sasco Mortgage Loan Trust Series 2003-Gel1), Indenture (Indymac MBS Inc)
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance Amount thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 2 contracts
Samples: Indenture (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “"Applicants”"), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 2 contracts
Samples: Indenture (Greenpoint Mortgage Funding Trust 2005-He3), Indenture (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1)
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator in its capacity as Note Registrar. The Trust Administrator may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the IssuerIssuing Entity, the Indenture Trustee and the Trust Administrator that neither the IssuerIssuing Entity, the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 2 contracts
Samples: Indenture (SunTrust Mortgage Securitization, LLC), Fieldstone Mortgage Investment CORP
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Note Registrar shall preserve, in as the most current a form as is reasonably practicable, the names and addresses of the Holders of Notes Noteholders contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 7.1 and the names and addresses of Holders of Notes Noteholders received by the Trust Administrator in its capacity as Note Registrar. The Trust Administrator Note Registrar may destroy any list furnished to it as provided in such Section 7.01 7.1 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders Noteholders of a Class class of Notes evidencing not less than 25% of the Outstanding Balance then-outstanding Notes by aggregate Class Principal Amount thereof (hereinafter referred to as “Applicants”), ) apply in writing to the Trust Administrator or the Indenture TrusteeNote Registrar, and such application states that the Applicants desire to communicate with other holders Noteholders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Note Registrar shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of HoldersNoteholders. Every HolderNoteholder, by receiving and holding a Note, agrees with the Issuer, the Note Registrar and the Indenture Trustee and the Trust Administrator that neither none of the Issuer, the Note Registrar or the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders Noteholders under this Indenture, regardless of the source from which such information was derived.
Appears in 2 contracts
Samples: Indenture (FBR Securitization, Inc.), First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Note Registrar shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 2 contracts
Samples: Indenture (Homebanc Corp), Indenture (HMB Acceptance Corp.)
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator in its capacity as Note Registrar. The Trust Administrator may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% [25]% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator shall, within five [five] Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, the Indenture Trustee and the Trust Administrator that neither the Issuer, the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 1 contract
Samples: Indymac Abs Inc
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25[ ]% of the Outstanding Balance Amount thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the NotesNotes and such application is accompanied by a copy of the communication that such Applicants propose to transmit, then the Trust Administrator Indenture Trustee shall, within five [ ] Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 1 contract
Samples: BLG Securities Company, LLC
Preservation of Information; Communications to Noteholders. (a6) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 1 contract
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Note Registrar shall preserve, in as the most current a form as is reasonably practicable, the names and addresses of the Holders of Notes Noteholders contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 7.1 and the names and addresses of Holders of Notes Noteholders received by the Trust Administrator in its capacity as Note Registrar. The Trust Administrator Note Registrar may destroy any list furnished to it as provided in such Section 7.01 7.1 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders Noteholders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), ) apply in writing to the Trust Administrator or the Indenture TrusteeNote Registrar, and such application states that the Applicants desire to communicate with other holders Noteholders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Note Registrar shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of HoldersNoteholders. Every HolderNoteholder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders Noteholders under this Indenture, regardless of the source from which such information was derived.
Appears in 1 contract
Samples: First NLC Trust 2005-1
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If either Insurer, three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance thereof (hereinafter referred to as “Applicants”), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Greenpoint Mortgage Funding Trust 2006-He1)
Preservation of Information; Communications to Noteholders. (a) The Trust Administrator Indenture Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Notes contained in the most recent list furnished to the Trust Administrator Indenture Trustee as provided in Section 7.01 and the names and addresses of Holders of Notes received by the Trust Administrator Indenture Trustee in its capacity as Note Registrar. The Trust Administrator Indenture Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. If three or more Noteholders, or one or more Holders of a Class of Notes evidencing not less than 25% of the Outstanding Balance Amount thereof (hereinafter referred to as “"Applicants”"), apply in writing to the Trust Administrator or the Indenture Trustee, and such application states that the Applicants desire to communicate with other holders with respect to their rights under this Indenture or under the Notes, then the Trust Administrator Indenture Trustee shall, within five Business Days after the receipt of such application, afford such Applicants access, during normal business hours, to the current list of Holders. Every Holder, by receiving and holding a Note, agrees with the Issuer, Issuer and the Indenture Trustee and the Trust Administrator that neither the Issuer, Issuer nor the Indenture Trustee nor the Trust Administrator shall be held accountable by reason of the disclosure of any such information as to the names and addresses of the Holders under this Indenture, regardless of the source from which such information was derived.
Appears in 1 contract
Samples: Indenture (Indymac MBS Inc)