Second Step Secured Notes Assignment definition

Second Step Secured Notes Assignment. As defined in Section 2.01 of the Trust Sale Agreement.
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Second Step Secured Notes Assignment and agrees to fulfill all of its obligations hereunder and thereunder and to sell, transfer, assign and otherwise convey to the Issuing Entity, without recourse:
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Examples of Second Step Secured Notes Assignment in a sentence

  • The Depositor and any director or officer or employee or agent of the Depositor may rely in good faith on the advice of counsel or on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising under this Agreement and the Second Step Secured Notes Assignment.

  • The Depositor shall be liable in accordance with this Agreement and the Second Step Secured Notes Assignment only to the extent of the obligations in this Agreement and the Second Step Secured Notes Assignment specifically undertaken by the Depositor.

  • The Depositor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations as the Depositor of the Secured Notes and other Second Step Purchased Property under this Agreement and the Second Step Secured Notes Assignment and that in its opinion may involve it in any expense or liability.

  • The parties agree that this Agreement, the Second Step Secured Notes Assignment, the AART Indenture, the Trust Agreement, the Notes and the Certificates constitute the Further Transfer Agreements for purposes of the Pooling Agreement.

  • The Pooling Agreement, the Trust Sale Agreement, the Second Step Secured Notes Assignment, the AART Indenture, the Trust Agreement and the Notes.

  • This Agreement and the Second Step Secured Notes Assignment shall inure to the benefit of and be binding upon the parties hereto and, to the extent expressly provided herein, the Noteholders, the Certificateholders, the AART Indenture Trustee, the AART Owner Trustee and their respective successors and permitted assigns.

  • The Issuing Entity does hereby accept all consideration conveyed by the Depositor pursuant to Section 2.01 and declares that the Issuing Entity shall hold such consideration upon the trust set forth in the Trust Agreement for the benefit of the Certificateholders, subject to the terms and conditions of the AART Indenture, this Agreement and the Second Step Secured Notes Assignment and the rights of the Noteholders with respect thereto.

  • The Issuing Entity does hereby accept all consideration conveyed by the Depositor pursuant to Section 2.01 and declares that the Issuing Entity shall hold such consideration upon the trust set forth in the Trust Agreement for the benefit of the Certificateholders, subject to the terms and conditions of the AART Indenture and this Agreement and the Second Step Secured Notes Assignment and the rights of the Noteholders with respect thereto.

  • This Agreement and the Second Step Secured Notes Assignment and any officer’s certificates delivered in connection therewith shall inure to the benefit of and be binding upon the parties hereto and, to the extent expressly provided herein, the CARAT 20 -SN Noteholders, the CARAT 20 -SN Certificateholders, the Swap Counterparty, the CARAT Indenture Trustee, the CARAT Owner Trustee and their respective successors and permitted assigns.

  • The Depositor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations as Depositor of the COLT 20__-SN_ Secured Notes and other Second Step Purchased Property under this Agreement and the Second Step Secured Notes Assignment and that in its opinion may involve it in any expense or liability.