Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section 6.7, the Indenture Trustee may, and when required by this Indenture shall, execute instruments to release property from the Lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.
Appears in 15 contracts
Samples: Indenture (Case Receivables Ii Inc), Indenture (Case Receivables Ii Inc), Indenture (Case Receivables Ii Inc)
Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section 6.7expenses, the Indenture Trustee may, and when required by the provisions of this Indenture shall, execute instruments to release property from the Lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.
Appears in 10 contracts
Samples: Irwin Whole Loan Home Equity Trust 2005-A, Bear Stearns Asset Backed Securities Inc, Indenture (Bear Stearns Asset Backed Securities Inc)
Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section 6.7SECTION 6.07, the Indenture Trustee may, and when required by the provisions of this Indenture shall, execute instruments to release property from the Lien lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article ARTICLE VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.
Appears in 2 contracts
Samples: Caterpillar Financial Funding Corp, Caterpillar Financial Funding Corp
Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section 6.7, the The Indenture Trustee may, and when required by the provisions of this Indenture shall, execute instruments to release property from the Lien lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that which are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article ARTICLE VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneysmonies.
Appears in 2 contracts
Samples: Master Indenture (Compucredit Corp), Master Indenture (Compucredit Corp)
Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section 6.7, the Indenture Trustee may, and when required by the provisions of this Indenture shall, execute instruments to release property from the Lien lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.
Appears in 2 contracts
Samples: Indenture (Money Store Commercial Mortgage Inc), Money Store Home Equity Corp
Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section SECTION 6.7, the Indenture Trustee may, and when required by the provisions of this Indenture shall, execute instruments to release property from the Lien lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent consistent with the provisions of this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article ARTICLE VIII shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.monies. indt.form.01.wpd
Appears in 1 contract
Samples: Wholesale Auto Receivables Corp
Release of Trust Estate. (a) Subject to the payment of its fees and expenses pursuant to Section SECTION 6.7, the Indenture Trustee may, and when required by this Indenture shall, execute instruments to release property from the Lien of this Indenture, or convey the Indenture Trustee's interest in the same, in a manner and under circumstances that are not inconsistent with this Indenture. No party relying upon an instrument executed by the Indenture Trustee as provided in this Article shall be bound to ascertain the Indenture Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any moneys.
Appears in 1 contract
Samples: CNH Capital Receivables Inc