Trust Officers to Provide Information to the Owner Trustee. It shall be the duty of each Trust Officer to keep the Owner Trustee reasonably and promptly informed as to material events relating to the Trust, including, without limitation, all claims pending or threatened against the Trust, the purchase and sale of any material portion of the Trust Fund and the execution by such Trust Officer on behalf of the Trust of any material agreements or instruments.
Appears in 5 contracts
Samples: Owner Trust Agreement (First NLC Securitization, Inc.), Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization, Inc.)
Trust Officers to Provide Information to the Owner Trustee. It shall be the duty of each Trust Officer to keep the Owner Trustee reasonably and promptly informed as to material events relating to the Trust, including, without limitation, all claims pending or threatened against the Trust, the purchase and sale of any material portion of the Trust Fund and the execution by such Trust Officer on behalf of the Trust of any material agreements or instruments.. 36
Appears in 3 contracts
Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3)
Trust Officers to Provide Information to the Owner Trustee. It shall be the duty of each Trust Officer to keep the Owner Trustee reasonably and promptly informed as to material events relating to the Trust, including, without limitation, all claims pending or threatened against the Trust, the purchase and sale of any material portion of the Trust Fund and the execution by such Trust Officer on behalf of the Trust of any material agreements or instruments.. 37
Appears in 1 contract
Samples: Owner Trust Agreement (FBR Securitization Trust 2005-3)
Trust Officers to Provide Information to the Owner Trustee. It shall be the duty of each Trust Officer to keep the Owner Trustee reasonably and promptly informed as to material events relating to the Trust, including, without limitation, all claims pending or threatened against the Trust, the purchase and sale of any material portion of the Trust Fund and the execution by such Trust Officer on behalf of the Trust of any material agreements or instruments.. 38
Appears in 1 contract
Samples: Owner Trust Agreement (FBR Securitization Trust 2005-1)
