Standard Indenture Provisions definition
Examples of Standard Indenture Provisions in a sentence
The applicable Terms Indentures, as they incorporate by reference these Standard Indenture Provisions, shall remain in full force and effect with respect to all Series that remain Outstanding.
Such Terms Indenture may modify or amend the terms of this Indenture solely as applied to such new Series and otherwise shall incorporate by reference these Standard Indenture Provisions.
The Indenture Trustee for the benefit of the Bondholders is an intended third-party beneficiary of this Deposit Trust Agreement from and including the date hereof to the date on which the Lien on the Trust Estate created pursuant to the Indenture is satisfied, discharged and released pursuant to Article IV of the Standard Indenture Provisions.
The Bonds of each such Class shall initially be issued as one or more Bonds registered in the name of the Depository or its nominee and, except as provided in Section 2.12(c) of the Standard Indenture Provisions, transfer of such Bonds may not be registered by the Bond Registrar unless such transfer is to a successor Depository that agrees to hold such Bonds for the respective Bond Owners with Ownership Interests therein.
The Bonds are issuable as provided in this Terms Indenture and in those certain Standard Indenture Provisions of the Depositor, dated as of __________, 199_ and relating to the issuance of collateralized mortgage obligations, in Series, by separate Trusts organized by the Depositor (the "Standard Indenture Provisions"), which Standard Indenture Provisions are attached hereto as Exhibit E and are incorporated herein by reference as and to the extent provided in Section 18.
In the case of each Class of Bonds, such interest shall accrue during each Interest Accrual Period, in accordance with Section 2.07(b) of the Standard Indenture Provisions, at the applicable Bond Interest Rate on the aggregate Principal Amount of such Class of Bonds outstanding immediately prior to the related Payment Date.
The Terms Indenture together with the Standard Indenture Provisions (as and to the extent incorporated herein by reference) constitute one and the same instrument and are herein, collectively and as amended or supplemented from time to time as set forth in the Standard Indenture Provisions, referred to as the "Indenture".
On any Redemption Date, following the payments to be made on such date pursuant to Section 17(b) of the Terms Indenture, the Indenture Trustee shall withdraw from the Bond Account and, subject to Section 2.07(e) of the Standard Indenture Provisions, pay to the Holders of the Bonds to be redeemed the full Redemption Price therefor.
Except to the extent otherwise required by the TIA, the provisions of this Article X shall supersede the provisions of Article VI of the Standard Indenture Provisions.
Except where otherwise provided in the Standard Indenture Provisions, the Issuer will not agree or consent to any amendment, modification or waiver of any provision of any Transaction Document without the written consent of the Note Trustee at the written direction of the Majority Noteholders.