Common use of Call Option Clause in Contracts

Call Option. (a) With respect to each Reset Date, the Depositor, as the initial holder of the Excess Distribution Certificate, is hereby granted the Call Option for the purchase of not less than 100% of the Reset Rate Notes, exercisable at a price equal to 100% of the Outstanding Amount of the Reset Rate Notes, less all amounts distributed to the Reset Rate Noteholders as a payment of principal with respect to the Distribution Date, plus any accrued and unpaid interest not paid by the Trust with respect to the applicable Reset Date.

Call Option. (a) With respect to each Reset Date, the Depositor, as the initial holder of the Excess Distribution Certificate, is hereby granted the a Call Option for the purchase of not less than 100% of the related class of Reset Rate Notes, exercisable at a price equal to 100% of the Outstanding Amount of the that class of Reset Rate Notes, less all amounts distributed to the related Reset Rate Noteholders as a payment of principal with respect to the related Distribution DateDate(s), plus any accrued and unpaid interest not paid by the Trust with respect to the applicable Reset Date.

Call Option. (a) With respect to each Reset Date, the Depositor, as the initial holder of the Excess Distribution Certificate, is hereby granted the Call Option for the purchase of not less than 100% of the Reset Rate Notes, exercisable at a price equal to 100% of the Outstanding Amount of the Reset Rate Notes, less all amounts distributed to the Reset Rate Noteholders as a payment of principal with respect to the related Distribution DateDate(s), plus any accrued and unpaid interest not paid by the Trust with respect to the applicable Reset Date.