Collateral in Trust. The Mortgage Note for each Mortgage Loan is not secured by a pledge of any collateral that has not been assigned to the Purchaser.
Collateral in Trust. Hold in trust (and not commingle with other assets of Debtor) for Secured Party all Collateral that is chattel paper, instruments, Collateral Notes, Pledged Securities, or documents at any time received by Debtor, and promptly deliver same to Secured Party, unless Secured Party at its option (which may be evidenced only by a writing signed by Secured Party stating that Secured Party elects to permit Debtor to so retain) permits Debtor to retain the same, but any chattel paper, instruments, Collateral Notes, Pledged Securities, or documents so retained shall be marked to state that they are assigned to Secured Party; each such instrument shall be endorsed to the order of Secured Party (but the failure of same to be so marked or endorsed shall not impair the Security Interest thereon).
Collateral in Trust. Each Grantor will hold in trust (and not commingle with other assets of Grantor) for Administrative Agent all Collateral that is chattel paper, Instruments, Collateral Notes, Pledged Investment Property in certificated form, or documents at any time received by Grantor, endorse each such Instrument to the order of Administrative Agent (but the failure of the same to be so endorsed shall not impair the Security Interest thereon), and promptly deliver same to Administrative Agent.
Collateral in Trust. While a Default or Potential Default exists, ------------------- Debtor shall upon request of Secured Party (unless prevented by operation of applicable Law from making that request, in which event Debtor shall) (a) hold in trust (and not commingle with its other assets) for Secured Party all of its Collateral that is chattel paper, instruments, or documents of title at any time received by it, (b) promptly deliver that Collateral to Secured Party unless Secured Party at its option gives Debtor written permission to retain any of it, and (c) cause each chattel paper, instrument, or document of title so retained to be marked to state that it is assigned to Secured Party and each instrument to be endorsed to the order of Secured Party (but failure to be so marked or endorsed may not impair the Security Interest in any such Collateral).
Collateral in Trust. 2.1 In the event that the coinsured premium as of December 31, 2007 exceeds 10% of the Coinsurance Premium (as defined in Subsection (E)(2)), REINSURER shall establish a trust for the benefit of CEDENT and deposit in said trust collateral in an amount equal to the reserve liabilities of the CEDENT; said trust shall be adjusted quarterly to maintain collateral sufficient to equal all reserve liabilities. Collateral assets shall be cash, cash equivalents or securities of a quality equivalent to NAIC 1 or 2 rated securities.
Collateral in Trust. As of the Closing Date, all of the collateral securing each Mortgage Loan will be included in the Trust, and no Mortgage Loan is secured by any collateral which will not be included in the Trust as of the Closing Date.
Collateral in Trust. Hold in trust (and not commingle with other assets of such Debtor) for Secured Party all Collateral that is chattel paper, instruments, Collateral Notes, Pledged Securities, or Documents (as defined in Article 9 of the UCC) at any time received by such Debtor, and promptly deliver same to Secured Party, unless Secured Party at its option (which may be evidenced only by a writing signed by Secured Party stating that Secured Party elects to permit such Debtor to so retain) permits such Debtor to retain the same, but any chattel paper, instruments, Collateral Notes, Pledged Securities, or Documents (as defined in Article 9 of the UCC) and (to the extent required under paragraph (t) hereof) so retained shall be marked to state that they are assigned to Secured Party; each such instrument shall be endorsed to the order of Secured Party (but the failure of same to be so marked or endorsed shall not impair the Security Interest thereon).
Collateral in Trust. While a Default or Potential Default exists, each Debtor shall (i) hold in trust (and not commingle with its other assets) for Secured Party all of its Collateral that is contracts, chattel paper, instruments, or documents of title at any time received by it, (ii) promptly deliver that Collateral to Secured Party unless Secured Party at its option gives Debtor written permission to retain any of it, and (iii) cause each contract, chattel paper, instrument, or document of title so retained to be marked to state that it is assigned to Secured Party and each instrument to be endorsed to the order of Secured Party (but failure to be so marked or endorsed may not impair the Security Interest in any such Collateral).
Collateral in Trust. Hold in trust (and not commingle with other assets of Debtor) for Secured Party all Collateral that is chattel paper, instruments, Pledged Securities, or documents at any time received by Debtor, and promptly deliver same to Secured Party, unless Secured Party at its option (which may be evidenced only by a writing signed by Secured Party stating that Secured Party elects to permit Debtor to so retain) permits Debtor to retain the same, but any Collateral so retained shall be marked to state that it is assigned to Secured Party.
Collateral in Trust. During the continuance of an Event of Default, (i) hold in trust for Collateral Agent all Collateral that is chattel paper, instruments, or documents at any time received by such Debtor, and (ii) upon Collateral Agent’s request, promptly deliver to Collateral Agent all Collateral of the type described in this Paragraph (d), and (iii) upon Collateral Agent’s request, xxxx any chattel paper, instruments, or documents retained by such Debtor to state that they are assigned to Collateral Agent, and (iv) upon Collateral Agent’s request, endorse each such instrument to the order of Collateral Agent (but the failure of same to be so marked or endorsed shall not impair the Security Interest thereon).
