Certificate Reduction. The Class Principal Amounts of the rated Certificates are reduced to zero. For the purpose of the foregoing Termination Event, Party B shall be the sole Affected Party.
Appears in 5 contracts
Samples: Master Agreement (BNC Mortgage Loan Trust 2007-1), Master Agreement (Sasco 2007-Eq1), Master Agreement (Sasco 2007-Eq1)
Certificate Reduction. The Class Principal Amounts of the rated Certificates are reduced to zero. For the purpose of the foregoing Termination Event, Party B shall be the sole Affected Party.
Appears in 3 contracts
Samples: Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4), Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4), Master Agreement (Sasco 2007-Bnc1)
Certificate Reduction. The Class Principal Amounts of all the rated Certificates are reduced to zero. For the purpose of the foregoing Termination Event, Party B shall be the sole Affected Party.
Appears in 2 contracts
Samples: Master Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-1), Master Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-1)
