PURCHASE AND TERMINATION OF THE Sample Clauses

PURCHASE AND TERMINATION OF THE. TRUST FUND 122
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PURCHASE AND TERMINATION OF THE. TRUST FUND Section 7.01. Termination of Trust Fund Upon Repurchase or Liquidation of All Mortgage Loans. Section 7.02. Procedure Upon Termination of Trust Fund. 83 Section 7.03. Additional Requirements under the REMIC Provisions. 84 Section 7.04. Optional Repurchase Right of the Seller. 85
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PURCHASE AND TERMINATION OF THE. TRUST Section 10.1
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PURCHASE AND TERMINATION OF THE. TRUST FUND; PURCHASE OF CERTIFICATES
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PURCHASE AND TERMINATION OF THE. TRUST FUND AND EXERCISE OF CALL OPTION
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PURCHASE AND TERMINATION OF THE. TRUST FUND 86 Section 7.01. Termination of Trust Fund Upon Repurchase or Liquidation of All Mortgage Loans. 86 Section 7.02. Procedure Upon Termination of Trust Fund. 87 Section 7.03. Additional Trust Fund Termination Requirements. 88 ARTICLE VIII RIGHTS OF CERTIFICATEHOLDERS 88 Section 8.01. Limitation on Rights of Holders. 88 Section 8.02. Access to List of Holders. 89 Section 8.03. Acts of Holders of Certificates. 90 ARTICLE IX ADMINISTRATION AND SERVICING OF MORTGAGE LOANS BY THE MASTER SERVICER 91 Section 9.01. Duties of the Master Servicer. 91 Section 9.02. Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. 91 Section 9.03. Master Servicer’s Financial Statements and Related Information. 92 Section 9.04. Power to Act; Procedures. 92 Section 9.05. Servicing Agreements Between the Master Servicer and Servicers; Enforcement of Servicers’ Obligations. 94 Section 9.06. Collection of Taxes, Assessments and Similar Items. 95 Section 9.07. Termination of Servicing Agreements; Successor Servicers. 95 Section 9.08. Master Servicer Liable for Enforcement. 96 Section 9.09. No Contractual Relationship Between Servicers and Trustee or Depositor. 96 Section 9.10. Assumption of Servicing Agreement by Trustee. 96 Section 9.11. “Due–on–Sale” Clauses; Assumption Agreements. 97 Section 9.12. Release of Mortgage Files. 97 Page
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Related to PURCHASE AND TERMINATION OF THE

  • Term and Termination of the Agreement 3.1 This Agreement shall remain in effect from the date appearing at the top of this Agreement for a period of twenty-four (24) months and continuing thereafter automatically for additional six (6) month terms unless and until terminated by either party upon written notice to the other party given at least thirty (30) days prior to the expiration of the then current term.

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

  • Terms and Termination (a) Either party may terminate this Agreement without cause on or after July 31, 2002 by giving 180 days written notice to the other party;

  • Xxxx and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Modification and Termination The rights of Optionee are subject to modification and termination upon the occurrence of certain events as provided in Sections 13 and 14 of the Plan.

  • EFFECTIVE DATE AND TERMINATION OF THE CUSTODIAN AS FOREIGN CUSTODY MANAGER. The Board's delegation to the Custodian as Foreign Custody Manager of the Portfolios shall be effective as of the date hereof and shall remain in effect until terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective thirty (30) days after receipt by the non-terminating party of such notice. The provisions of Section 3.2.2 hereof shall govern the delegation to and termination of the Custodian as Foreign Custody Manager of the Portfolios with respect to designated countries.

  • Expiration and Termination Options shall expire on the earlier of:

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • Disposition and Termination The Depositor and the Issuer agree to notify the Escrow Agent in writing of any subscription revocations and the Initial Closing date of the Offering. Additionally, subsequent to an Initial Closing, Depositor and the Issuer agree to notify the Escrow Agent in writing of Subsequent Closing dates, if any, and of the termination of the Offering. Upon receipt of such written notification(s), the following procedures will take place:

  • Term and Termination (a) This Agreement shall terminate upon the first to occur of (i) the dissolution of the Issuer; (ii) upon notice of termination from the Administrator that the Administrator desires to withdraw as the administrator of the Issuer, Masterworks Cayman and of the Artwork, which the Administrator may give at any time in the event that the Administrator determines that it desires to cease providing services of the type as set forth herein to any Person, and provided that the Administrator does so cease providing such services thereunder, (iii) upon the Removal Effective Date, and (iv) on the joint agreement of the Parties.

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