Common use of Trust Irrevocable Clause in Contracts

Trust Irrevocable. The trust created by this Indenture shall be irrevocable until the indebtedness secured hereby has been fully paid or provision for the payment thereof has been made as provided in this Article X.

Appears in 2 contracts

Sources: Indenture of Trust (Student Loan Funding LLC), Indenture of Trust (Student Loan Funding LLC)

Trust Irrevocable. The trust created by the terms and provisions of this Indenture shall be is irrevocable until the indebtedness secured hereby has been (the Series 2004-2 Notes and interest thereon) and all Issuer Derivative Payments are fully paid or provision made for the its payment thereof has been made as provided in this Article X.Article.

Appears in 2 contracts

Sources: Indenture of Trust (Nelnet Inc), Indenture of Trust (Nelnet Education Loan Funding Inc)

Trust Irrevocable. The trust created by the terms and provisions of this Indenture shall be is irrevocable until the indebtedness secured hereby has been (the Notes and interest thereon) is fully paid or provision made for the its payment thereof has been made as provided in this Article X.and the Issuer has paid all of the fees and expenses of the Trustee and given notice to the Trustee to terminate this Indenture.

Appears in 1 contract

Sources: Indenture of Trust (Union Financial Services I Inc)