Termination by Trustee. Party B must not designate an Early Termination Date without the prior written consent of the Relevant Note Trustee.
Termination by Trustee. Following the service of an Enforcement Notice, the Trustee may serve a notice of termination at any time on the Account Bank (with a copy to all the parties to this Agreement) and the Account Bank shall not be responsible for any costs or expenses occasioned by such termination and cessation.
Termination by Trustee. 17 14.1 Trustee may declare a Termination Date.................................................... 17 14.2 Requirements for termination.............................................................. 17
Termination by Trustee. The Trust Manager on the Trustee's behalf may, subject to clause 14.4, terminate this Agreement immediately, by notice in writing to the Mortgage Manager if:
(a) the Mortgage Manager breaches any of its obligations under this Agreement, and does not remedy that breach within 10 Banking Days of a notice from the Trustee or the Trust Manager requiring the same to be remedied; or
(b) any representation or warranty made by the Mortgage Manager in this Agreement is or proves to be untrue in any material respect as determined by the Trust Manager; or
(c) an Event of Insolvency occurs in relation to the Mortgage Manager.
Termination by Trustee. 14.1 Trustee may declare a Termination Date Subject to clause 14.2, the Trustee may at the direction of the Manager, by not less than 5 Business Days written notice to the Liquidity Facility Provider and the Manager, declare a Distribution Date as the date on which:
Termination by Trustee. Each Loan made hereunder shall be a demand loan. Trustee may at any time terminate any Loan, in whole or in part, by giving Borrower oral notice of such termination, whereupon such Loan, or the portion thereof being terminated, shall become due on the date specified in such notice unless it shall become due sooner pursuant to paragraph 10 hereof. The date so specified shall be not less than: (i) in the case of a Loan of U. S. Government Securities, one New York Business Day subsequent to the giving of such notice; and (ii) in the case of a Loan of any other Loaned Securities (unless otherwise agreed by the parties hereto as evidenced in the confirmation relating to a Loan), the lesser of five days or the standard market settlement time in the principal market in which the Loaned Securities are traded. For purposes of clause (ii), if there is a difference between the settlement time for sales and purchases in the applicable market, the standard market settlement time for such market for purposes of this §9(b) shall be the shorter of the two times. Borrower hereby unconditionally promises to redeliver the Loaned Securities that are the subject of any Loan so terminated to Trustee through the same delivery means as the Loaned Securities were delivered by Trustee to Borrower, on the date so specified with respect to such Loan, which shall be within the same timeframe as applicable to the delivery of the Loaned Securities by Trustee to Borrower.
Termination by Trustee. The Trustee may, subject to clause 16.5, terminate this Agreement immediately, by notice in writing to the Master Servicer if:
(a) the Master Servicer breaches any of its obligations under this Agreement, and does not remedy that breach within 10 Business Days of a notice from the Trustee requiring the same to be remedied; or
(b) any representation or warranty made by the Master Servicer in this Agreement is or proves to be untrue in any material respect and the Master Servicer does not indemnify the Trustee for all damages, claims, losses, costs and expenses which it suffers or incurs as a result of that breach in accordance with clause 13; or
(c) an Event of Insolvency occurs in relation to the Master Servicer;
(d) the Trustee requires AMS to retire as Trust Manager in accordance with clause 13.1 of the Master Trust Deed; or
(e) AMS ceases to be the Trust Manager, and does not either:
(i) terminate this Agreement in accordance with clause 16.2; or
(ii) enter into such documents amending or supplementing this Agreement as the Trustee may reasonably require, having regard to the fact that the Master Servicer and the Trust Manager are no longer the same person.
Termination by Trustee. If the trust property or any part thereof remains in the trust twenty (20) years from this date, the Trustee shall, unless otherwise agreed by all parties in writing, convey and deliver the same to the beneficiaries in accordance with their respective interests.
Termination by Trustee. Every reasonable attempt will be made to continue the Trust for the purposes for which it is established. However, it is recognized that the Trustee does not and cannot know how future developments in the law, including administrative agency and judicial decisions, may affect the Trust or any Trust sub-account. If the Trustee has reasonable cause to believe that the income or principal in Trust sub-account maintained for any Beneficiary is or will become liable for basic maintenance, support, or care for that Beneficiary which has been or would otherwise be provided by local, state, or federal government, or an agency or department thereof, the Trustee, in its sole discretion, may: (a) terminate the Trust sub-account as to the affected Beneficiary as though he or she had died, and the Trustee shall then treat the property in the Trust sub-account according to the provisions of Article 6.2, 6.3, and 6.4; (b) determine that the Trust has become impossible to implement for the affected Beneficiary, and the Trustee shall then treat the property in the Trust sub-account according to the provisions of Article 6.5; or (c) continue to administer the Trust sub-account under separate arrangement with the affected Beneficiary or his or her guardian. Before making any distribution of amounts retained in any Trust sub-account, the Trustee may consider the tax and Medicaid and other public benefit consequences to the Beneficiary of any particular distribution.
Termination by Trustee. Notwithstanding anything to the ---------------------- contrary contained herein, in the event that Bankers Trust shall, for any reason (including, without limitation, termination of the Master Servicer pursuant to Article VII of the Pooling and Servicing Agreement) no longer be the Master Servicer under the Pooling and Servicing Agreement, the Trustee or its designee shall, pursuant to Section 9 hereof, assume the rights and obligations of Bankers Trust under this Agreement. The Trustee shall only be entitled to terminate this Agreement upon the occurrence of the events described in 5.1 hereof.
