Common use of Xxxxxx Act Clause in Contracts

Xxxxxx Act. Any provisions required to be contained in this Deposit Trust Agreement by Section 126 of Article 4-A of the New York Real Property Law and any provisions permitted to be contained in this Deposit Trust Agreement by Section 130-K of such Article 4-A that are necessary in order to permit the Owner Trustee to act in the manner contemplated by this Deposit Trust Agreement are hereby incorporated, and such provisions shall be in addition to those conferred or imposed by this Deposit Trust Agreement; provided, however, that to the extent that such Section 126 and/or Section 130-K shall not apply to this Deposit Trust Agreement, said Section 126 and/or Section 130-K shall not have any effect, and if said Section 126 and/or Section 130-K should at any time be repealed or cease to apply to this Deposit Trust Agreement, or be construed by judicial decision to be inapplicable, said Section 126 and/or Section 130-K shall cease to have any further effect upon the provisions of this Deposit Trust Agreement. In case of a conflict between the provisions of this Deposit Trust Agreement and any mandatory provisions of Article 4-A of the New York Real Property Law applicable to this Deposit Trust Agreement, such mandatory provisions of said Article 4-A shall prevail, provided that if said Article 4-A shall not apply to this Deposit Trust Agreement, should at any time be repealed, or cease to apply to this Deposit Trust Agreement, or be construed by judicial decision to be inapplicable, such mandatory provisions of such Article 4-A shall cease to have any further effect upon the provisions of this Deposit Trust Agreement.]

Xxxxxx Act. Any provisions required to be contained in this Deposit Trust Agreement by Section 126 of Article 4-A of the New York Real Property Law and any provisions permitted to be contained in this Deposit Trust Agreement by Section 130-K of such Article 4-A that are necessary in order to permit the Owner Trustee to act in the manner contemplated by this Deposit Trust Agreement are hereby incorporated, and such provisions shall be in addition to those conferred or imposed by this Deposit Trust Agreement; provided, however, that to the extent that such Section 126 and/or Section 130-K shall not apply to this Deposit Trust Agreement, said Section 126 and/or Section 130-K shall not have any effect, and if said Section 126 and/or Section 130-K should at any time be repealed or cease to apply to this Deposit Trust Agreement, or be construed by judicial decision to be inapplicable, said Section 126 and/or Section 130-K shall cease to have any further effect upon the provisions of this Deposit Trust Agreement. In case of a conflict between the provisions of this Deposit Trust Agreement and any mandatory provisions of Article 4-A of the New York Real Property Law applicable to this Deposit Trust Agreement, such mandatory provisions of said Article 4-A shall prevail, provided that if said Article 4-A shall not apply to this Deposit Trust Agreement, should at any time be repealed, or cease to apply to this Deposit Trust Agreement, or be construed by judicial decision to be inapplicable, such mandatory provisions of such Article 4-A shall cease to have any further effect upon the provisions of this Deposit Trust Agreement.]

Xxxxxx Act. Any provisions required to be contained in this Deposit Trust Agreement Indenture by Section 126 of Article 4-A of the New York Real Property Law and any provisions permitted to be contained in this Deposit Trust Agreement Indenture by Section 130-K of such Article 4-A that are necessary in order to permit the Owner Indenture Trustee to act in the manner contemplated by this Deposit Trust Agreement Indenture are hereby incorporated, and such provisions shall be in addition to those conferred or imposed by this Deposit Trust AgreementIndenture; provided, however, that to the extent that such Section 126 and/or Section 130-K shall not apply to this Deposit Trust AgreementIndenture, said Section 126 and/or Section 130-K shall not have any effect, and if said Section 126 and/or Section 130-K should at any time be repealed or cease to apply to this Deposit Trust AgreementIndenture, or be construed by judicial decision to be inapplicable, said Section 126 and/or Section 130-K shall cease to have any further effect upon the provisions of this Deposit Trust AgreementIndenture. In case of a conflict between the provisions of this Deposit Trust Agreement Indenture and any mandatory provisions of Article 4-A of the New York Real Property Law applicable to this Deposit Trust AgreementIndenture, such mandatory provisions of said Article 4-A shall prevail, provided that if said Article 4-A shall not apply to this Deposit Trust AgreementIndenture, should at any time be repealed, or cease to apply to this Deposit Trust AgreementIndenture, or be construed by judicial decision to be inapplicable, such mandatory provisions of such Article 4-A shall cease to have any further effect upon the provisions of this Deposit Trust AgreementIndenture.]

Xxxxxx Act. Any provisions required to be contained in this Deposit Trust Agreement by Section 126 of Article 4-A of the New York Real Property Law and any provisions permitted to be contained in this Deposit Trust Agreement by Section 130-K of such Article 4-A that are necessary in order to permit the Owner Trustee to act in the manner contemplated by this Deposit Trust Agreement are hereby incorporated, and such provisions shall be in addition to those conferred or imposed by this Deposit Trust Agreement; provided, however, that to the extent that such Section 126 and/or Section 130-K shall not apply to this Deposit Trust Agreement, said Section 126 and/or Section 130-K shall not have any effect, and if said Section 126 and/or Section 130-K should at any time be repealed or cease to apply to this Deposit Trust Agreement, or be construed by judicial decision to be inapplicable, said Section 126 and/or Section 130-K shall cease to have any further effect upon the provisions of this Deposit Trust Agreement. In case of a conflict between the provisions of this Deposit Trust Agreement and any mandatory provisions of Article 4-A of the New York Real Property Law applicable to this Deposit Trust Agreement, such mandatory provisions of said Article 4-A shall prevail, provided that if said Article 4-A shall not apply to this Deposit Trust Agreement, should at any time be repealed, or cease to apply to this Deposit Trust Agreement, or be construed by judicial decision to be inapplicable, such mandatory provisions of such Article 4-A shall cease to have any further effect upon the provisions of this Deposit Trust Agreement.]