Optional Termination Date Sample Clauses

Optional Termination Date. 25 OTS ...............................................................................................25
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Optional Termination Date. The first Distribution Date on which the Master Servicer may purchase, at its option, the Mortgage Loans and related REO Properties as described in Section 10.01.
Optional Termination Date. The Distribution Date following the Due Period at the end of which the Pool Balance is less than 10% of the sum of the Cut-Off Date Pool Balance and the Original Pre-Funded Amount.
Optional Termination Date. Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.
Optional Termination Date. 39 Originators.............................................................
Optional Termination Date. If such right is exercised by the Master Servicer, the Master Servicer shall be deemed to have been reimbursed for the full amount of any unreimbursed Advances theretofore made by it with respect to the Mortgage Loans being purchased. In addition, the Master Servicer shall provide to the Trustee the certification required by Section 3.15 and the Trustee and any Custodian shall, promptly following payment of the purchase price, release to the Master Servicer the Mortgage Files pertaining to the Mortgage Loans being purchased. No purchase pursuant to clause (ii) of this Section 9.01(a) is permitted if it would result in, or if the Insurer can show a reasonable probability that it would result in, a draw on the Policy unless the Insurer consents in writing. In addition to the foregoing, on any Distribution Date on or after the Group I Optional Termination Date, the Master Servicer shall have the right, at its option, to purchase the Class A-I Certificates in whole, but not in part, at a price equal to aggregate outstanding Certificate Principal Balance of the Class A-I Certificates (other than the Class A-I-IO Certificates), plus one month's Accrued Certificate Interest on the Class A-I Certificates, any previously unpaid Accrued Certificate Interest, and any unpaid Prepayment Interest Shortfall previously allocated thereto, including the payment of any amounts due to the Insurer under the Insurance Agreement; provided, however, that no early termination of REMIC I will be permitted if it would result in, or if the Insurer can show a reasonable probability that it would result in, a draw under the Policy unless the Insurer consents to the termination. On any Distribution Date on or after the Group II Optional Termination Date, the Master Servicer shall have the right, at its option, to purchase the Class A-II Certificates in whole, but not in part, at a price equal to aggregate outstanding Certificate Principal Balance of the Class A-II Certificates, plus one month's Accrued Certificate Interest on the Class A-II Certificates, any previously unpaid Accrued Certificate Interest, and any unpaid Prepayment Interest Shortfall previously allocated thereto, including the payment of any amounts due to the Insurer under the Insurance Agreement; provided, however, that no early termination of REMIC II will be permitted if it would result in, or if the Insurer can show a reasonable probability that it would result in, a draw under the Policy unless the Insurer consents...
Optional Termination Date. The first Distribution Date on which the Right to Purchase may be exercised.
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Optional Termination Date. The first Distribution Date on which the Controlling Class Holder may opt to terminate the Trust Fund pursuant to Section 10.01.
Optional Termination Date. The first Distribution Date on which the Master Servicer may opt to terminate the Trust Fund pursuant to Section 10.01.
Optional Termination Date. The first Distribution Date on which the Master Servicer may exercise the Cleanup Call as described in Section 10.01.
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