Right of Certificateholders to Receive Payments Sample Clauses

Right of Certificateholders to Receive Payments. Not To Be --------------------------------------------------------- Impaired. Anything in this Trust Agreement to the contrary notwithstanding, -------- including Section 5.07 hereof, the right of any Certificateholder to receive distributions of payments required pursuant to Section 4.02 hereof on the Certificates when due, or to institute suit for the enforcement of any such payment on or after the applicable Distribution Date, Special Distribution Date or other date specified herein for the making of such payment, shall not be impaired or affected without the consent of such Certificateholder.
AutoNDA by SimpleDocs
Right of Certificateholders to Receive Payments. Not to Be ImpairedSection 6Right of Certificateholders to Receive Payments Not to Be ImpairedSection 6.06.
Right of Certificateholders to Receive Payments. Not To Be Impaired Section 5.07. Certificateholders May Not Bring Suit Except Under Certain Conditions Section 5.08. Remedies Cumulative
Right of Certificateholders to Receive Payments. Not to Be Impaired. Anything in this Pass Through Trust Agreement to the contrary notwithstanding,
Right of Certificateholders to Receive Payments. Not to Be Impaired 49 Section 6.08. Certificateholders May Not Bring Suit Except Under Certain Conditions 49 Section 6.09. Remedies Cumulative 50 ARTICLE VII THE TRUSTEE 51 Section 7.01. Certain Duties and Responsibilities 51 Section 7.02. Notice of Defaults 52 Section 7.03. Certain Rights of Trustee 53 Section 7.04. Not Responsible for Recitals or Issuance of Certificates 54 Section 7.05. May Hold Certificates 54 Section 7.06. Money Held in Trust 54 Section 7.07. Compensation and Reimbursement 54 Section 7.08. Corporate Trustee Required; Eligibility 56 Section 7.09. Resignation and Removal; Appointment of Successor 56 Section 7.10. Acceptance of Appointment by Successor 58 Section 7.11. Merger, Conversion, Consolidation or Succession to Business 59 Section 7.12. Maintenance of Agencies 60 ARTICLE VIII CERTIFICATEHOLDERS' LISTS AND REPORTS BY TRUSTEE 65 Section 8.01. Enserch Exploration to Furnish Trustee with Names and Addresses of Certificateholders 65 Section 8.02. Preservation of Information; Communication to Certificateholders 65 Section 8.03. Reports by Enserch Exploration 67 ARTICLE IX SUPPLEMENTAL TRUST AGREEMENTS 67 Section 9.01. Supplemental Trust Agreement Without Consent of Certificateholders 67 Section 9.02. Supplemental Trust Agreements with Consent of Certificateholders 68 Section 9.03. Documents Affecting Immunity or Indemnity 69 Section 9.04. Execution of Supplemental Trust Agreements 69 Section 9.05. Effect of Supplemental Trust Agreements 70 Section 9.06. Reference in Certificates to Supplemental Trust Agreements 70
Right of Certificateholders to Receive Payments. Not to Be --------------------------------------------------------- Impaired. Anything in this Agreement to the contrary notwithstanding but -------- subject to each Trust Agreement, the right of any Certificateholder or Liquidity Provider, respectively, to receive payments hereunder (including pursuant to Section 2.4, 3.2 or 3.3 hereof) when due, or to institute suit for the enforcement of any such payment on or after the applicable Distribution Date, shall not be impaired or affected without the consent of such Certificateholder or such Liquidity Provider, respectively.
AutoNDA by SimpleDocs

Related to Right of Certificateholders to Receive Payments

  • Right of Certificateholders to Receive Payments Not to Be Impaired Anything in this Trust Agreement to the contrary notwithstanding, the right of any Certificateholder to receive distributions of payments required pursuant to Section 4.01 hereof on the Certificates when due, or to institute suit for enforcement of any such payment on or after the applicable Distribution Date or other date specified herein for the making of such payment, shall not be impaired or affected without the consent of such Certificateholder.

  • Acts of Certificateholders (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given or taken by the Certificateholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Certificateholders in person or by agent duly appointed in writing, and such action shall become effective when such instrument or instruments are delivered to the Trustee and the Servicer. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the “act” of the Certificateholders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee and the Trust, if made in the manner provided in this Section 11.11.

  • Rights of Certificateholders Section 11.1 Limitation on Rights of Holders.............................. Section 11.2 Access to List of Holders.................................... Section 11.3 Acts of Holders of Certificates..............................

  • Limitation on Rights of Certificateholders (a) The death or incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Certificateholder's legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of any of the parties hereto.

  • Distributions in Respect of Certificates Payments to Certificateholders Statements and Reports Section 4.01. Distributions Section 4.02. Allocation of Realized Losses Section 4.03. Paying Agent Section 4.04.

  • Actions of Certificateholders (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given or taken by Certificateholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Certificateholders in person or by agent duly appointed in writing; and except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Certificate Administrator and, when required, to the Depositor, the Master Servicer or the Special Servicer. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee, the Certificate Administrator, the Depositor, the Special Servicer and the Master Servicer, if made in the manner provided in this Section.

  • List of Certificateholders Upon written request of three or more Certificateholders of record, for purposes of communicating with other Certificateholders with respect to their rights under this Agreement, the Trustee will afford such Certificateholders access during business hours to the most recent list of Certificateholders held by the Trustee.

  • Liability of Certificateholders The Certificateholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the general corporation law of the State of Delaware.

  • Purchase Rights of Certificateholders (a) By acceptance of its Applicable Certificate, each Applicable Certificateholder agrees that at any time after the occurrence and during the continuation of a Certificate Buyout Event:

  • Servicing Compensation; Payment of Certain Expenses by Master Servicer The Master Servicer may retain the Servicing Fee pursuant to Section 3.02 as compensation for its services in servicing the Mortgage Loans. Moreover, additional servicing compensation in the form of late payment charges or other receipts not required to be deposited in the Collection Account (other than Foreclosure Profits) shall be retained by the Master Servicer. The Master Servicer must pay all expenses incurred by it in connection with its activities under this Agreement (including payment of all other fees and expenses not expressly stated under this Agreement to be for the account of another person) and shall not be entitled to reimbursement under this Agreement except as specifically provided in this Agreement. Liquidation Expenses are reimbursable to the Master Servicer FIRST, from related Liquidation Proceeds and SECOND, from the Payment Account from funds attributable to the related Loan Group pursuant to Section 8.03(a)(x) of the Indenture.

Time is Money Join Law Insider Premium to draft better contracts faster.