Common use of Optional Termination Clause in Contracts

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 hereof.

Appears in 45 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Bear Stearns Asset-Backed Certificates Series 2004-Sd1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2004-Sd2)

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Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any related REO Property pursuant to the last sentence of Section 10.01 hereof10.01.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Ap1), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2005-Ar4), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2005-Ar3)

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 11.01 hereof.

Appears in 8 contracts

Samples: Custodial Agreement (Saco I Trust 2005-8), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-Ac4), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-Ac7)

Optional Termination. The termination of the Trust Fund trust created hereunder as a result of in connection with the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 9.1(a) hereof.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa1), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Ar3), Pooling and Servicing Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2007-Ar1)

Optional Termination. The termination of the Trust Fund trust created hereunder as a result of in connection with the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 9.01(a) hereof.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2007-A), Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-D), Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-E)

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any related REO Property pursuant to the last sentence paragraph of Section 10.01 hereof10.01.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (ACE Securities Corp Home Equity Trust 2005-He3), Pooling and Servicing Agreement (NAAC Alternative Loan Trust, Series 2005-Wf1), Pooling and Servicing Agreement (Nomura Asset Acceptance Corp)

Optional Termination. The termination of the Trust Fund created hereunder as a result of in connection with the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 hereof9.01(a).

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset Backed Trust Series 2005-A), Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2006-A)

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Group I Loans or Group II HELOCs and any REO Property pursuant to the last sentence of Section 10.01 11.01 hereof.

Appears in 2 contracts

Samples: Distribution Instructions (Mortgage Pass-Through Certificates, Series 2005-5), Distribution Instructions (Saco I Trust 2005-5)

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Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 hereof.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Sl5)

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Group I-IV Mortgage Loans and any related REO Property or the Group V Mortgage Loans pursuant to the last sentence of Section 10.01 hereof10.01.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Ar1)

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Properties, as described in Section 10.01 hereof10.01.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2007-2)

Optional Termination. The termination of the Trust Fund created hereunder as a result of the purchase of all of (i) the Group I Mortgage Loans and any related REO Property pursuant to or (ii) the last sentence of Group II-V Mortgage Loans and any related REO Property, as described in Section 10.01 hereof10.01.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Af1)

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