Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided to the Owner Trustee, the Depositor and the Credit Enhancer, that all conditions precedent to the sale or liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 14 contracts
Sources: Indenture (Home Equity Loan Trust 2006-Hsa3), Indenture (Home Equity Loan Trust 2006-Hsa4), Indenture (RFMSII Series 2006-Hsa2 Trust)
Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided to the Owner Trustee, the Depositor and the Credit Enhancer, Issuer that all conditions precedent to the sale or other liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 13 contracts
Sources: Indenture (Credit Suisse First Boston Mortgage Securities Corp), Indenture (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A), Indenture (Irwin Whole Loan Home Equity Trust 2005-B)
Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided to the Owner Trustee, the Depositor Depositor, the Issuer and the Credit Enhancer, that all conditions precedent to the sale or other liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 6 contracts
Sources: Indenture (Residential Funding Mortgage Securities Ii Inc), Indenture (Rfmsii 2005-Hi1), Indenture (Residential Funding Mortgage Securities Ii Inc)
Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided to the Owner Trustee, the Depositor and the Credit Enhancer, Issuing Entity that all conditions precedent to the sale or other liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 3 contracts
Sources: Indenture (Deutsche Mortgage Securities Inc), Indenture (Deutsche Alt-a Securities Inc), Indenture (Nomura Home Equity Loan, Inc.)
Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided to the Owner Trustee, the Depositor and the Credit Enhancer, that all conditions precedent to the sale or other liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 2 contracts
Sources: Indenture (Morgan Stanley ABS Capital I Inc. MSDWCC HELOC Trust 2005-1), Indenture (Morgan Stanley Abs Capital I Inc)
Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided by the Indenture Trustee to the Owner Trustee, the Depositor Depositor, the Insurer and the Credit Enhancer, Issuer that all conditions precedent to the sale or other liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 1 contract
Event of Liquidation. Following the occurrence of an Event of Default under the Indenture, the determination by the Indenture Trustee, as evidenced by a written notice provided by the Indenture Trustee to the Owner Trustee, the Depositor Depositor, the Securities Insurer and the Credit Enhancer, Issuer that all conditions precedent to the sale or other liquidation of the Trust Estate pursuant to Section 5.04 of the Indenture have been satisfied.
Appears in 1 contract