Common use of No Exchanges Clause in Contracts

No Exchanges. Section 3.05 of the Trust Agreement is not applicable to the Series of SMBS Certificates having the above designation.

Appears in 2 contracts

Sources: Master Trust Agreement, Master Trust Agreement

No Exchanges. Section 3.05 of the Trust Agreement is not applicable to the Series of SMBS Certificates having the above designation.

Appears in 1 contract

Sources: Master Trust Agreement