Common use of INITIAL MINIMUM SELLER SHARE Clause in Contracts

INITIAL MINIMUM SELLER SHARE. The Seller Share of the Trust Property includes an amount equal to the Minimum Seller Share. Unless and until the Funding 1 Share of the Trust Property is in an amount equal to zero or an Asset Trigger Event occurs, the Seller will not be entitled to receive Principal Receipts which would reduce the Seller Share of the Trust Property to an amount less than the Minimum Seller Share and the Seller consents and directs the Mortgages Trustee accordingly.

INITIAL MINIMUM SELLER SHARE. The Seller Share of the Trust Property includes an amount equal to the Minimum Seller Share. Unless and until the Funding 1 Share of the Trust Property is in an amount equal to zero zero, or following the occurrence of an Asset Trigger Event occursEvent, the Seller will not be entitled to receive Mortgages Trustee Principal Receipts which would reduce the Seller Share of the Trust Property to an amount less than the Minimum Seller Share and the Seller consents and directs the Mortgages Trustee accordingly.

INITIAL MINIMUM SELLER SHARE. The Seller Share of the Trust Property includes an amount equal to the Minimum Seller Share. Unless and until the Funding 1 Share of the Trust Property is in an amount equal to zero zero, or following the occurrence of an Asset Trigger Event occursEvent, the Seller will not be entitled to receive Principal Receipts which would reduce the Seller Share of the Trust Property to an amount less than the Minimum Seller Share and the Seller consents and directs the Mortgages Trustee accordingly.

INITIAL MINIMUM SELLER SHARE. The Seller Share of the Trust Property includes an amount equal to the Minimum Seller Share. Unless and until both the Funding 1 Share and the Funding 2 Share of the Trust Property is are in an amount equal to zero or following the occurrence of an Asset Trigger Event occursEvent, the Seller will not be entitled to receive Mortgages Trustee Principal Receipts which would reduce the Seller Share of the Trust Property to an amount less than the Minimum Seller Share and the Seller consents and directs the Mortgages Trustee accordingly.