Redemption of the Notes. (a) The Notes may be redeemed following the sale of the Trust Estate pursuant to an auction or to the Holder of the Trust Certificate in the manner specified in and subject to the provisions of Section 7.2 of the Sale and Servicing Agreement. (b) The Indenture Trustee shall furnish the Rating Agencies notice of any such redemption in accordance with Section 10.02 hereof. (c) No redemption of any Note shall be permitted without retiring the then-outstanding Notes.
Appears in 8 contracts
Samples: Indenture (Sast 2006-3), Indenture (Saxon Asset Securities Trust 2005-1), Indenture (Saxon Asset Securities Trust 2004-3)