Common use of Termination Upon Distribution to Noteholders Clause in Contracts

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 12 contracts

Samples: Indenture (Peoples Choice Home Loan Securities Trust Series 2005-4), Indenture (Homebanc Corp), Indenture (Peoples Choice Home Loan Securities Trust Series 2005-2)

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 10 contracts

Samples: Indenture (National City Mortgage Capital LLC), Indenture (Long Beach Securities Corp), Indenture (New Century Mortgage Securities Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 7 contracts

Samples: Indenture (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200), Indenture (New Century Mortgage Securities Inc), Indenture (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 7 contracts

Samples: Indenture (Shellpoint Mortgage Acceptance LLC), Indenture (Impac Secured Assets Corp), Indenture (BNP Paribas Mortgage Securities LLC)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf Certificateholders, holders of the Certificateholders, the Securities Administrator Residual Ownership Interest 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 6 contracts

Samples: Indenture (J P Morgan Acceptance Corp I), Indenture (Equity One Abs Inc), Indenture (First Horizon Asset Securities Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 5 contracts

Samples: Indenture (New Century Alternative Mortgage Loan Trust 2006-Alt1), Indenture (New Century Home Equity Loan Trust 2006-S1), Indenture (New Century Home Equity Loan Trust 2005-4)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 4 contracts

Samples: Indenture (New Century Home Equity Loan Trust 2005-2), Indenture (New Century Home Equity Loan Trust 2005-1), Indenture (New Century Home Equity Loan Trust 2004-4)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 4 contracts

Samples: Indenture (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-2), Indenture (Mortgageit Trust 2004-2, Mortgage-Backed Notes, Series 2004-2), Indenture (Structured Asset Mort Inv Inc Mort Back NTS Ser 2003-1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 3 contracts

Samples: Indenture (MORTGAGEIT TRUST 2005-2, Mortgage-Backed Notes, Series 2005-2), Indenture (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-5), Indenture (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-9)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Note Insurer, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Sale and Servicing Agreement; 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xx. Xxxxx, living on the date hereof.

Appears in 3 contracts

Samples: Indenture (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Indenture (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2), Indenture (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid pursuant to Article IIISection 8.02(a) or Section 8.07 hereof; 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 3 contracts

Samples: Indenture (Origen Manufactured Housing Contract Trust 2004-B), Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-A), Indenture (Origen Residential Securities, Inc.)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 2 contracts

Samples: Indenture (Argent Securities Inc), Indenture (New Century Mortgage Securities Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid pursuant to Article IIISection 8.02(a) or Section 8.07 hereof; 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 2 contracts

Samples: Indenture (Origen Residential Securities, Inc.), Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the CertificateholdersOwner Trustee, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed paid 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 2 contracts

Samples: Indenture (New Century Home Equity Loan Trust 2006-2), Indenture (New Century Home Equity Loan Trust 2006-1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders, the Securities Administrator ) 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 2 contracts

Samples: Indenture (Rfmsii 2004-Hi3), Indenture (Rfmsii 2005-Hi1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the IssuerIssuing Entity, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 2 contracts

Samples: Indenture (Bear Stearns ARM Trust 2006-1), Indenture (Bear Stearns ARM Trust 2006-1)

Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Credit Suisse First Boston Mortgage Securities Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (American Home Mort Securities Home Mortgage Invest Tr 2004-1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (GSC Capital Corp. Mortgage Trust 2006-1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Note Insurer, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and Article V and the termination of the Escrow Account; 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 Xxxxxx Josexx X. Xxxxxxx, the xxe late ambassador of the United States to the Court of St. XxxxxJamex, living xxving on the date hereof.

Appears in 1 contract

Samples: Indenture (Pacificamerica Money Center Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the IssuerIssuing Entity, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 1 contract

Samples: Supplemental Indenture (Bear Stearns ARM Trust 2007-2)

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf Certificateholders, holders of the Certificateholders, the Securities Administrator Residual Ownership Interest 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Chase Funding Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution payment to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator and the Indenture Trustee of all amounts required to be distributed paid 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Citigroup Mortgage Loan Trust 2005-11)

Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, Swap Counterparty, the Securities Administrator Swap Guarantor and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, provided 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Lehman Abs Corp)

Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf Certificateholders, holders of the Certificateholders, the Securities Administrator Residual Ownership Interest 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Provident Bank)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Opteum Mortgage Acceptance CORP)

Termination Upon Distribution to Noteholders. This Prior to a TMP Trigger Event this Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof. Subsequent to a TMP Trigger Event, the Indenture Trustee shall comply with Article XII.

Appears in 1 contract

Samples: Indenture (Merrill Lynch Mortgage Investors Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 earlier of (i) the expiration of 21 years from the death of the survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereofhereof or (ii) the Latest Possible Maturity Date.

Appears in 1 contract

Samples: Indenture (GSR Trust 2005-Hel1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and other applicable terms of this Indenture; 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 1 contract

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Note Insurer, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 here by continue beyond the expiration of 21 years from the death of the survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Merrill Lynch Mortgage Investors Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Insurer, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and other applicable terms of this Indenture; 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 Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 1 contract

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, [the Note Insurer,] the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 here by continue beyond the expiration of 21 years from the death of the survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Superior Bank FSB)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Note Insurer, the Certificate Paying Agent on behalf of the Certificateholders, the Securities Administrator 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 here by continue beyond the expiration of 21 years from the death of the survivor of the descendants of Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. XxxxxJxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Merrill Lynch Mortgage Investors Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer, the Securities Administrator Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the Certificate Paying Agent on behalf Certificateholders, holders of the Certificateholders, the Securities Administrator Residual Ownership Interest 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 Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the date hereof.

Appears in 1 contract

Samples: Indenture (Directors Asset Conduit Corp)

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