Examples of Class G-2 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.
STATE STREET BANK AND TRUST COMPANY, not in its individual capacity but solely as Subordination Agent, as agent and trustee for the Class G-2 Trustee, as Borrower By: /s/ Kenneth R.
Each of the Class G-1 Trustee, the Class G-2 Trustee, the Class C Trustee and the Class D 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.
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.
At any time after such 18-month period, if a Policy Provider Default has occurred and is continuing and the Eligible Liquidity Provider does not elect to be the Controlling Party or if no Liquidity Obligations remain outstanding, then the Class G-1 Trustee or Class G-2 Trustee, as specified in subparagraph (b) above, shall become the Controlling Party.
Chris Sponenberg Title: Vice President WILMINGTON TRUST COMPANY, as Class G-1 Trustee and Class G-2 Trustee By: /s/ W.
Upon the occurrence of a Downgrade Event, the Liquidity Provider shall promptly deliver notice thereof to the Borrower, the Class G-2 Trustee, Continental and the Policy Provider.
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.
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.