Common use of Procedure Upon Termination of Trust Clause in Contracts

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Holders of the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Holders of the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Holders of the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Rating Agencies (subject to Section 5.7), the Holders of the Class R Certificates, Certificates and the REMIC III Regular Certificates and the EC Trust Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R Certificates, Certificates and the REMIC III Regular Certificates and the EC Trust Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R Certificates, Certificates and the REMIC III Regular Certificates and the EC Trust Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class R Certificates, Certificates and the REMIC III Regular Certificates and the EC Trust Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Holders of the Class R Certificates, 365 the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Holders of the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on 374 the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class V and Class R Certificates, the REMIC III Regular Certificates and the EC Trust Exchangeable Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.110.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator Trustee by first class mail to the TrusteePaying Agent, the 17g-5 Information ProviderRating Agencies, the Swap Counterparty and the Holders of the Class R Residual Certificates, the REMIC III Regular Certificates and the EC Trust Class A-4FL Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R Residual Certificates, the REMIC III Regular Certificates and the EC Trust Class A-4FL Certificates will be made, and upon presentation and surrender of such the Residual Certificates, the REMIC Regular Certificates and the Class A-4FL Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such the Residual Certificates, the REMIC Regular Certificates and the Class A-4FL Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator Trustee shall give such notice to the Depositor, the Trustee Depositor and the Certificate Registrar at the time such notice is given to Holders of such the Residual Certificates, the REMIC Regular Certificates and the Class A-4FL Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R Residual Certificates, the REMIC III Regular Certificates and the EC Trust Class A-4FL Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator Paying Agent to terminate, the Collection Certificate Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s Paying Agent's obligation hereunder to hold all amounts payable to the Holders of the Class R Residual Certificates, the REMIC III Regular Certificates and the EC Trust Class A-4FL Certificates in trust without interest pending such payment.

Procedure Upon Termination of Trust. (a) Notice of any termination pursuant to the provisions of Section 11.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Certificate Administrator to the Trustee, the 17g-5 Information Provider, the Holders of the Class R Certificates, the REMIC III Regular Certificates, the EC Trust Certificates and the EC Trust Swap Certificates mailed no later than ten (10) days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R Certificates, the REMIC III Regular Certificates, the EC Trust Certificates and the EC Trust Swap Certificates will be made, and upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of such Certificates at the office or agency of the Certificate Registrar therein specified. The Certificate Administrator shall give such notice to the Depositor, the Trustee and the Certificate Registrar at the time such notice is given to Holders of such Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R Certificates, the REMIC III Regular Certificates, the EC Trust Certificates and the EC Trust Swap Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Certificate Administrator to terminate, the Collection Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Certificate Administrator’s obligation hereunder to hold all amounts payable to the Holders of the Class R Certificates, the REMIC III Regular Certificates, the EC Trust Certificates and the EC Trust Swap Certificates in trust without interest pending such payment.