Clean-Up Event. (a) Each of Xxxxxxx Mac and the Sponsor has the right to cause a Mandatory Tender of the Class A Certificates at any time after the Aggregate Outstanding Bond Balance is not more than 5% of the Aggregate Outstanding Bond Balance on the Date of Original Issue (a “Clean-Up Event”) in accordance with the following provisions.
Appears in 4 contracts
Samples: Series Certificate Agreement (America First Multifamily Investors, L.P.), Series Certificate Agreement (America First Multifamily Investors, L.P.), Series Certificate Agreement (Centerline Holding Co)
Clean-Up Event. (a) Each of Xxxxxxx Fxxxxxx Mac and the Sponsor has the right to cause a Mandatory Tender of the Class A Certificates at any time after the Aggregate Outstanding Bond Balance is not more than 5% of the Aggregate Outstanding Bond Balance on the Date of Original Issue (a “Clean-Up Event”) in accordance with the following provisions.
Appears in 3 contracts
Samples: Series Certificate Agreement (America First Multifamily Investors, L.P.), Series Certificate Agreement (America First Multifamily Investors, L.P.), Series Certificate Agreement (America First Tax Exempt Investors Lp)
Clean-Up Event. (a) Each of Xxxxxxx Mac and the Sponsor has the right to cause a Mandatory Tender of the Class A Certificates at any time after the Aggregate Outstanding Bond Asset Balance is not more than 5% of the Aggregate Outstanding Bond Asset Balance on the Date of Original Issue (a “Clean-Up Event”) in accordance with the following provisions.
Appears in 1 contract
Samples: Series Certificate Agreement (Centerline Holding Co)
