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 and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholder) 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 ambaxxxxxx xx xxx Xxxxxd States to the Court of St. James, living on the date hereof.

Appears in 1 contract

Samples: Residential Fund Mort Sec Home Loan-BCKD NTS Ser 2004-Hi1

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholder) 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 ambaxxxxxx xx xxx Xxxxxd States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Samples: Gmacm Home Equity Loan Backed Term Notes Ser 2003-He1

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholder) 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 ambaxxxxxx ambasxxxxx xx xxx Xxxxxd Xxxxed States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Samples: Residential Asset Mortgage Products Inc

Termination Upon Distribution to Noteholders. 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 the Noteholders, the Certificate Paying Agent (Agent, on behalf of the Certificateholder) 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 ambaxxxxxx ambassadxx xx xxx Xxxxxd Xxxxxx States to the Court of St. James, living on the date hereof.

Appears in 1 contract

Samples: Material Definitive Agreement (MortgageIT Securities Corp.)

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Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholder) 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 ambaxxxxxx ambassador of the United States xx xxx Xxxxxd States to the Court of St. Xxxxx xx Xt. James's, living on the date hereof.

Appears in 1 contract

Samples: Gmacm Home Equity Loan Trust 2004-He5

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities responsibili- ties of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholder) Certificate- holders, 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 ambaxxxxxx ambassador of the Unitxx Xxxxxx xx xxx Xxxxxd States to the Court of St. James, living on the date hereof.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)

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