Examples of Class G-1 Trustee in a sentence
Unless a Policy Provider Election has been made with respect to such Equipment Note, the Subordination Agent shall promptly, but not less than 25 days prior to such Special Distribution Date, send to the Class G-1 Trustee or the Class G-2 Trustee, as applicable, and the Policy Provider a Written Notice setting forth the non-receipt of any such Special Payment and establishing such Special Distribution Date as the date for the distribution of the proceeds of such Policy Drawing.
Xxxxx Xxxxxxxxxx Title: Vice President WILMINGTON TRUST COMPANY, as Class G-1 Trustee and Class G-2 Trustee By: /s/ W.
This Insurance Agreement may be amended, modified, supplemented or terminated only by written instrument or written instruments signed by the parties hereto; provided that if such amendment, modification, supplement or termination would have a material adverse affect on the interests of the Subordination Agent, the Class G-1 Trustee or any Class G-1 Certificateholder, Ratings Confirmation shall also be obtained prior to such amendment, modification, supplement or termination being effective.
This is indicated in the figure with the arrows, which are all directed from one re- trieval problem to a more generalized one.
Each of the Class G-1 Trustee, Class G-2 Trustee, Class C-1 Trustee and Class C-2 Trustee hereby designates and appoints the Subordination Agent as the agent and trustee of such Trustee under the applicable Liquidity Facility and authorizes the Subordination Agent to enter into the applicable Liquidity Facility as agent and trustee for such Trustee.
Each of the Class G-1 Trustee and the Class G-2 Trustee hereby designates and appoints the Subordination Agent as the agent and trustee of such Trustee under the applicable Liquidity Facility and the Policy Provider Agreement and authorizes the Subordination Agent to enter into the applicable Liquidity Facility and the Policy Provider Agreement as agent and trustee for such Trustee.
No later than 1:00 p.m. (New York City time) on the specified Special Distribution Date, the Subordination Agent shall make the specified Policy Drawing and upon its receipt of the proceeds thereof pay the amount thereof from the applicable Policy Account to the Class G-1 Trustee or the Class G-2 Trustee, as applicable, in reduction of the outstanding Pool Balance of the Class G-1 Certificates or the Class G-2 Certificates, as the case may be, together with such accrued and unpaid interest thereon.
Upon receipt, the Subordination Agent shall pay the proceeds of the specified Policy Drawing under the related Policy to the Class G-1 Trustee and the Class G-2 Trustee, as applicable.
The Class G-1 Trustee and the Subordination Agent shall perform and observe, in all material respects, all of its covenants, obligations and agreements in any Operative Agreement to which it is a party to be observed or performed by it.
The Subordination Agent is the trustee for the Class G-1 Trustee under the Trust Agreement.