Common use of TERMINATION UPON DISTRIBUTION TO BONDHOLDERS Clause in Contracts

TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDED, HOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx xx xxx Xxxxxx States to the Court of St. James, living on the date hereof.

Appears in 8 contracts

Samples: Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2003 11), Indenture (Imh Assets Corp Collateralized Asset Backed Bonds Ser 2004 3), Indenture (Imh Assets Corp Impac CMB Trust Series 2002 9f)

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TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Bond Insurer, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDED, HOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx xx xxx Xxxxxx States to the Court of St. James, living on the date hereof.

Appears in 6 contracts

Samples: Indenture (Imh Assets Corp), Indenture (Collateralized Asset-Backed Bonds Series 2002-3), Indenture (Imh Assets Corp Impac CMB Trust Series 2003-6)

TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDED, HOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx latx xxxxxxxxxx xx xxx Xxxxxx xhe United States to the Court of St. James, living on the date hereofxxxxxf.

Appears in 1 contract

Samples: Indenture (Impac CMP Trust Series 2004-5)

TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Bond Insurer, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDED, HOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx xx xxx Xxxxxx ambassador of the United States to the Court of St. JamesCoxxx xx Xx. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2004-7)

TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This ------------------------------------------------ Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Bond Insurer, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDEDprovided, HOWEVERhowever, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx ambassxxxx xx xxx Xxxxxx Xxxted States to the Court of St. James, living on the date hereof.

Appears in 1 contract

Samples: Servicing Agreement (Imh Assets Corp)

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TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Bond Insurer, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDEDprovided, HOWEVERhowever, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx laxx xxxxxxxxxx xx xxx Xxxxxx the United States to the Court of St. James, living on the date hereofxxxxof.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDED, HOWEVER, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx ambassxxxx xx xxx Xxxxxx Xxxxxd States to the Court of St. James, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

TERMINATION UPON DISTRIBUTION TO BONDHOLDERS. This Indenture and the respective obligations and responsibilities of the Issuer Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Bondholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; PROVIDEDprovided, HOWEVERhowever, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambassaxxx xx xxx Xxxxxx ambassador of the United States to the Court of St. JamesCouxx xx Xx. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Imh Assets Corp

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