Common use of Termination Upon Purchase by the Master Servicer or Liquidation Clause in Contracts

Termination Upon Purchase by the Master Servicer or Liquidation. of All Home Loans; Partial Redemption. (a) The respective obligations and responsibilities of the Master Servicer, the Issuer and the Indenture Trustee created hereby shall terminate upon the last action required to be taken by the Issuer pursuant to the Trust Agreement and by the Indenture Trustee pursuant to the Indenture following the earlier of:

Appears in 4 contracts

Samples: Servicing Agreement (Home Loan Trust 2006-Hi1), Servicing Agreement (Home Loan Trust 2006-Hi2), Home Loan Trust 2006-Hi3

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