Common use of Termination Upon Distribution to Noteholders Clause in Contracts

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's, living on the date hereof.

Appears in 20 contracts

Sources: Indenture (Residential Asset Mortgage Products Inc), Indenture (GMACM Home Equity Loan Trust 2007-He3), Indenture (Greenpoint Mortgage Securities LLC)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer Issuer, the Securities Administrator and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders Certificateholders, the Securities Administrator and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 12 contracts

Sources: Indenture (Homebanc Corp), Indenture (Peoples Choice Home Loan Securities Trust Series 2005-4), Indenture (Homebanc Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 10 contracts

Sources: Indenture (National City Mortgage Capital LLC), Indenture (Long Beach Securities Corp), Indenture (WMC Secured Assets Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer Issuing Entity and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 7 contracts

Sources: Indenture (Shellpoint Mortgage Acceptance LLC), Indenture (Impac Secured Assets Corp), Indenture (American Home Mortgage Assets LLC)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf Certificateholders, holders of the Certificateholders Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 6 contracts

Sources: Indenture (J P Morgan Acceptance Corp I), Indenture (Chase Manhattan Acceptance Corp /De/), Indenture (First Horizon Asset Securities Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution payment to the Noteholders, the Certificate Paying Agent on behalf of the Owner Trustee, the Certificateholders and the Indenture Trustee of all amounts required to be distributed paid pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of J▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James'sJ▇▇▇▇, living on the date hereof.

Appears in 5 contracts

Sources: Indenture (New Century Alternative Mortgage Loan Trust 2006-Alt1), Indenture (New Century Home Equity Loan Trust 2005-3), Indenture (New Century Home Equity Loan Trust 2005-3)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's’s, living on the date hereof.

Appears in 4 contracts

Sources: Indenture (Phoenix Residential Securities, LLC), Indenture (Phoenix Residential Securities, LLC), Indenture (Wachovia Asset Securitization Inc 2002 He2 Trust)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late am▇▇▇▇▇▇▇▇ ▇. ▇ ▇▇▇ ▇▇▇▇▇▇▇, the late ambassador of the United ted States to the Court of St. James's, living on the date hereof.

Appears in 4 contracts

Sources: Indenture (Residential Asset Mortgage Products Inc), Indenture (Gmacm Home Equity Loan Trust 2005-He3), Indenture (Residential Funding Mortgage Securities Ii Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambass▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United d States to the Court of St. James's, living on the date hereof.

Appears in 3 contracts

Sources: Indenture (Peoples Choice Home Loan Securities Corp), Indenture (MortgageIT Securities Corp.), Indenture (Citigroup Mortgage Loan Trust Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late amb▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United ited States to the Court of St. James's, living on the date hereof.

Appears in 2 contracts

Sources: Indenture (Residential Asset Mort Prods Inc Gmacm Mort Ln Tr 03 Gh2), Indenture (Residential Asset Mort Prod Inc Gmacm Home Eq L N Tr 04 He2)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Insurance Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambas▇▇▇▇▇ ▇. ▇ ▇▇▇ ▇▇▇▇▇▇▇, the late ambassador of the United ed States to the Court of St. James's, living on the date hereof.

Appears in 2 contracts

Sources: Indenture (Residential Funding Mortgage Securities Ii Inc), Indenture (Residential Funding Mortgage Sec Ii Inc Hm Eq Ln Tr 2004-Hs1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late amba▇▇▇▇▇▇ ▇. ▇ ▇▇▇ ▇▇▇▇▇▇▇, the late ambassador of the United ted States to the Court of St. James's, living on the date hereof.

Appears in 2 contracts

Sources: Indenture (Residential Asset Mortgage Products Inc), Indenture (Residential Asset Mortgage Prod Inc Gmacm Mor Ln Tr 2003-Gh1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the distribution to the Credit Enhancer of all amounts owing to it; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's, living on the date hereof.

Appears in 2 contracts

Sources: Indenture (GMACM Home Loan Trust 2006-Hltv1), Indenture (GMACM Home Equity Loan Trust 2007-He1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 2 contracts

Sources: Indenture (Rfmsii 2005-Hi1), Indenture (Rfmsii 2004-Hi3)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇Joseph P. Kennedy, th▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador ▇▇r of the United States to the Court of St. James's, living on the date hereof.

Appears in 2 contracts

Sources: Indenture (Residential Asset Mortgage Products Inc), Indenture (Gmacm Home Equity Loan Trust 2003-He2)

Termination Upon Distribution to Noteholders. This -------------------------------------------- Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent Agent, on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Credit Suisse First Boston Mortgage Securities Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders Certificateholders, the Enhancer and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Wachovia Asset Sec Series 2004 - HE1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇Joseph P. Kennedy, the late ambassador of the United States to the Court of St. ▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇ ▇t. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Gmacm Home Equity Loan Trust 2004-He5)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, t▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador ▇or of the United States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Residential Asset Mortgage Products Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders Noteholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and Section ___ of the Sale and Servicing Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇. ▇▇▇▇▇, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Ucfc Acceptance Corp)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders Issuer and the Indenture Trustee of all amounts required to be distributed pursuant to Article III, subject to Section 8.07 hereof; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's’s, living on the date hereof.

Appears in 1 contract

Sources: Indenture (New York Mortgage Trust Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Insurance Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Home Equity Loan Trust 2005-Hs1)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Joseph P. Kennedy, the late ambas▇▇▇▇▇ ▇. ▇ ▇▇▇ ▇▇▇▇▇▇▇, the late ambassador of the United ed States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Residential Asset Mortgage Products Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders Certificateholder) and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Home Loan Trust 2005-Hi2)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Morgan Stanley Abs Capital I Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, the NoteholdersNote Insurer, the Certificate Paying Agent on behalf of the Certificateholders and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby here by continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late ambassador of the United States to the Court of St. James's▇▇▇▇▇, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Merrill Lynch Mortgage Investors Inc)

Termination Upon Distribution to Noteholders. This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to the Noteholders, the Certificate Paying Agent (on behalf of the Certificateholders Certificateholders) and the Indenture Trustee of all amounts required to be distributed pursuant to Article IIIIII and the Insurance Agreement; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇Joseph P. Kennedy, the late ambassador of the United States to the Court of St. James's, living on the date hereof.

Appears in 1 contract

Sources: Indenture (Home Equity Loan Trust 2006-Hsa4)