Common use of Group I Optional Termination Clause in Contracts

Group I Optional Termination. The termination of the Group I Sub-Trust created hereunder as a result of the purchase of all of the assets related to Loan Group I and any related REO Property pursuant to the last sentence of Section 11.01 hereof.

Appears in 4 contracts

Samples: Distribution Instructions (Bear Stearns Asset Backed Securities I Trust 2005-Ac3), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2006-Ac1), Distribution Instructions (Bear Stearns Asset Backed Securities I Trust 2005-Ac6)

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Group I Optional Termination. The termination of the Group I Sub-Trust created hereunder as a result of the purchase of all of the assets related to Loan Group I Mortgage Loans and any related REO Property pursuant to the last sentence of Section 11.01 hereof.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (SACO I Trust 2006-5), Pooling and Servicing Agreement (SACO I Trust 2006-5)

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Group I Optional Termination. The termination of the Group I Sub-Trust created hereunder as a result of the purchase of all of the assets related to Loan Group I Mortgage Loans and any related REO Property pursuant to the last sentence of Section 11.01 hereof.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (SACO I Trust 2006-2), Pooling and Servicing Agreement (SACO I Trust 2005-10)

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