Common use of Swap Termination Payment Clause in Contracts

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

Appears in 17 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He6), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He7), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-He9)

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Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment required to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the Swap Agreement, as calculated by the Swap Counterparty and furnished to the Trustee.

Appears in 14 contracts

Samples: Trust Agreement (Lehman XS Trust 2006-1), Trust Agreement (Lehman XS Trust 2006-17), Trust Agreement (Lehman XS Trust 2006-19)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment required to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement, and any unpaid amounts due on previous Distribution Dates and accrued interest thereon as provided in the Swap Agreement, as calculated by the Swap Counterparty and furnished to the Securities Administrator.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (HSI Asset Securitization CORP Trust 2006-He2), Pooling and Servicing Agreement (Structured Asset Securities Corp), Pooling and Servicing Agreement (HASCO Trust 2005-Opt1)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-3), Trust Agreement (Structured Asset Investment Loan Trust 2005-2), Trust Agreement (SASCO Mortgage Pass-Through Certifidates, Series 2005-Wmc1)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Derivative Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Derivative Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I LLC Trust 2006-Ec1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-Pc1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-Aq2)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundProvider, or by the Swap Provider to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (IndyMac INDB Mortgage Loan Trust 2006-1), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundTrust, as applicable, pursuant to the terms of the Swap Agreement.

Appears in 6 contracts

Samples: Transfer and Servicing Agreement (Aegis Asset Backed Securities Trust 2005-1), Transfer and Servicing Agreement (Homebanc Corp), Transfer and Servicing Agreement (Aegis Asset Backed Securities Trust 2005-2)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment required to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the Swap Agreement, as calculated by the Swap Counterparty and furnished to the Securities Administrator.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-7), Custodial Agreement (Structured Asset Securities Corp)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundTrust, as applicable, pursuant to the terms of the Swap Agreement.]

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (TBALT Corp.), Transfer and Servicing Agreement (Aegis Asset Backed Securities Corp)

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Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the each Swap Agreement, the payment required to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the applicable Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the applicable Swap Agreement, as calculated by the Swap Counterparty and furnished to the Trustee.

Appears in 1 contract

Samples: Custodial Agreement (LXS 2007-3)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator Trustee, on behalf of the Trust Fund, to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

Appears in 1 contract

Samples: Custodial Agreement (Saco I Trust, 2005-6)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap AgreementAgreements, the payment to be made by the Swap Administrator Trust to the Swap Provider from payments from the Trust FundProvider, or by the Swap Provider to the Swap Administrator for payment to the Trust FundTrust, as applicable, pursuant to the terms of the Swap AgreementAgreements.

Appears in 1 contract

Samples: Indenture (Luminent Mortgage Trust 2005-1)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundProvider, or by the Swap Provider to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap AgreementAgreement upon the occurrence of an early termination.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-Fm1)

Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment required to be made by the Swap Administrator Supplemental Interest Trust to the Swap Provider from payments from the Trust FundCounterparty, or by the Swap Provider Counterparty to the Swap Administrator for payment to the Trust FundSupplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement, together with any unpaid amounts from previous Distribution Dates and accrued interest thereon as specified in the Swap Agreement.

Appears in 1 contract

Samples: Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel2)

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