TERMINATION UPON REPURCHASE Clause Samples

TERMINATION UPON REPURCHASE by the Seller ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ Mortgage Loans..............................X-1 10.02. Additional Termination Requirements.............................X-3 ARTICLE XI Miscellaneous Provisions

TERMINATION UPON REPURCHASE. BY THE DEPOSITOR OR ITS DESIGNEE OR LIQUIDATION OF THE MORTGAGE LOANS. (a) The respective obligations and responsibilities of the Depositor and the Grantor Trustee created hereby, other than the obligation of the Grantor Trustee to make payments to Certificateholders as hereinafter set forth, shall terminate upon the termination of the Underlying Pooling and Servicing Agreement or upon the making of the final payment or other liquidation of the Underlying Certificates, or any advance with respect thereto. (b) In no event, however, shall the Trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the late Ambassador of the United States to the Court of St. James's, living on the date of this Agreement. (c) The Grantor Trustee shall give notice of any termination of the Trust to the Certificateholders, with a copy to the Rating Agencies, upon which the Certificateholders shall surrender their Certificates to the Grantor Trustee for payment by the Grantor Trustee of the final distribution and cancellation with respect thereto. Such notice shall be given by letter, mailed not later than the 20th day of the month of such final distribution, and shall specify (i) the Distribution Date upon which final payment of the Certificates will be made upon presentation and surrender of the Certificates at the office of the Grantor Trustee therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made by the Grantor Trustee only upon presentation and surrender of the Certificates at the office of the Grantor Trustee therein specified. (d) Upon the presentation and surrender of the Certificates, the Grantor Trustee shall distribute to the remaining Certificateholders, in accordance with their respective interests and based solely upon information provided to it by the Underlying Trustee and calculations conducted by the Underlying Trustee with respect thereto, all Available Funds remaining in the Grantor Trust Distribution Account. (e) If not all of the Certificateholders shall surrender their Certificates for cancellation within six months after the time specified in the above-mentioned written notice, then the Grantor Trustee shall give a second written notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribut...

TERMINATION UPON REPURCHASE. BY THE COMPANY OR LIQUIDATION OF ALL MORTGAGE LOANS. . . . . . . . . . . . . . . . . . . . 103

TERMINATION UPON REPURCHASE by the Depositor, the Master Servicer ▇▇▇▇▇▇▇▇▇ or its Designee or Liquidation of the Mortgage Loans Additional Termination Requirements 119 122 ARTICLE XI Miscellaneous Provisions 123 Section 11.01 Section 11.02 Section 11.03 Section 11.04 Section 11.05 Section 11.06 Section 11.07 Section 11.08 Section 11.09 Section 11.10 Section 11.11 Section 11.12 Section 11.13 Intent of Parties Amendment Recordation of Agreement Limitation on Rights of Certificateholders Acts of Certificateholders Governing Law Notices Severability of Provisions Successors and Assigns Article and Section Headings Counterparts Notice to Rating Agencies Derivative Transactions 123 123 124 124 125 126 126 127 127 127 127 128 128 Exhibit ▇-▇ ▇▇▇▇▇▇▇ ▇-▇ Exhibit A-3 Exhibit A-4 Exhibit A-5 Exhibit B Exhibit C-1 Exhibit C-2 Exhibit C-3 Exhibit D Exhibit E Exhibit F-1 Exhibit F-2 Exhibit G Exhibit H Exhibit I Exhibit J Exhibit K - - - - - - - - - - - - - - - - - - Form of Class A Certificates Form of Class A-4X Certificates Form of Class A-X Certificates Form of Class B Certificates Form of Class R Certificates Mortgage Loan Schedule Form of Initial Certification Form of Interim Certification Form of Final Certification Request for Release of Documents Form of Affidavit pursuant to Section 860E(e)(4) Form of Investment Letter Form of Rule 144A and Related Matters Certificate Form of Custodial Agreement List of Servicers and Servicing Agreements Mortgage Loan Purchase Agreement Certificate of Trust Notice of Exercise of Optional Securities Purchase Right Trust, Pooling and Servicing Agreement (this “Agreement”), dated as of December 1, 2005, among Structured Asset Mortgage Investments II Inc., a Delaware corporation, as depositor (the “Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (the “Trustee”), Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity but solely as Delaware trustee (the “Delaware Trustee”), ▇▇▇▇▇ Fargo Bank, N.A., a national banking association, as master servicer (in such capacity, the “Master Servicer”) and as securities administrator (in such capacity, the “Securities Administrator”), and ▇▇▇▇▇▇▇▇▇ Mortgage Home Loans, Inc. (“▇▇▇▇▇▇▇▇▇”).

TERMINATION UPON REPURCHASE. BY THE DEPOSITOR OR ITS DESIGNEE OR LIQUIDATION OF THE MORTGAGE LOANS.....................................................97 Section 10.02.