Examples of Optional Termination Amount in a sentence
Any Optional Termination Amount to be paid by the NIMs Insurer may be paid by the NIMs Insurer to the Trustee for deposit into the Certificate Account.
As specified in the definition of Optional Termination Amount (Call) in the Conditions.
Investor Put Option: (i) Optional Termination Date (Put): (ii) Investor Put Notice Period: (iii) Optional Termination Amount (Put): (iv) Break Fee:[Applicable]/[Not Applicable] (This will never be applicable for Certificates or Warrants.
Notwithstanding anything to the contrary herein, the Optional Termination Amount paid by Countrywide shall be deposited by the Securities Administrator directly into the Certificate Account immediately upon Optional Termination.
Upon any termination as a result of an Auction, the Trustee shall, out of the Optional Termination Amount deposited into the Certificate Account, (x) reimburse the Trustee for its costs and expenses necessary to conduct the Auction and any other unreimbursed amounts owing to it and (y) pay to the Servicer, the aggregate amount of any unreimbursed out-of-pocket costs and expenses owed to the Servicer and any unpaid or unreimbursed Servicing Fees, Advances and Servicing Advances.