First Rating Trigger Event. A First Rating Trigger Event (as defined in Part 5(i)) has occurred, and Party A has not, within the period of time prescribed, complied with Part 5(i)(ii) below. For purposes of this Additional Termination Event, Party A shall be the sole Affected Party.
Appears in 5 contracts
Samples: Master Agreement (Thornburg Mortgage Securities Trust 2007-2), Master Agreement (HarborView 2007-1), Master Agreement (HarborView 2007-3)
First Rating Trigger Event. A First Rating Trigger Event (as defined in Part 5(i5(j)) has occurred, and Party A has not, within the period of time prescribed, complied with Part 5(i)(ii5(j)(ii) below. For purposes of this Additional Termination Event, Party A shall be the sole Affected Party.
Appears in 2 contracts
Samples: Pooling Agreement (Luminent Mortgage Trust 2007-1), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2007-Ffa)
First Rating Trigger Event. A First Rating Trigger Event (as defined in Part 5(i5(k)) has occurred, and Party A has not, within the period of time prescribed, complied with Part 5(i)(ii5(k)(ii) below. For purposes of this Additional Termination Event, Party A shall be the sole Affected Party.
Appears in 1 contract
Samples: Custodial Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1)
