Common use of Initial Optional Termination Date Clause in Contracts

Initial Optional Termination Date. The Distribution Date occurring in the month following the month in which the Pool Balance of Pool 1 initially declines to less than 10.00% of the Pool 1 Cut-off Date Balance.

Appears in 5 contracts

Samples: Trust Agreement (Lehman Xs Trust Series 2005-3), Trust Agreement (Lehman XS Trust Series 2005-2), Trust Agreement (Lehman XS Trust, Series 2005-4)

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Initial Optional Termination Date. The Distribution Date occurring in the month following the month in which the Pool 1-2 Aggregate Loan Balance of Pool 1 initially declines to less than 10.00% of the aggregate Pool 1 1-2 Cut-off Date Balance.

Appears in 3 contracts

Samples: Trust Agreement (Lehman XS Trust 2007-5h), Custodial Agreement (Lehman XS Trust 2007-1), Custodial Agreement (Lehman XS Trust 2007-6)

Initial Optional Termination Date. The Distribution Date occurring in the month following the month in which the Pool 1-2 Aggregate Loan Balance of Pool 1 initially declines to less than 10.0010% of the Pool 1 1-2 Aggregate Loan Balance as of the Cut-off Date BalanceDate.

Appears in 3 contracts

Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2007-Ar1), Reconstituted Servicing Agreement (Lehman XS Trust Series 2007-15n), Trust Agreement (Lehman XS Trust Series 2006-14n)

Initial Optional Termination Date. The first Distribution Date occurring in the month following the month in on which the Pool 1-2 Aggregate Loan Balance of Pool 1 initially declines to is less than or equal to 10.00% of the Pool 1 1-2 Cut-off Date Balance, after giving effect to the distributions made on such Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Trust 2005-4xs)

Initial Optional Termination Date. The Distribution Date occurring in the month following the month in which the Pool 2-3 Aggregate Loan Balance of Pool 1 initially declines to less than 10.0010% of the Pool 1 2-3 Aggregate Loan Balance as of the Cut-off Date BalanceDate.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust Series 2007-16n)

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Initial Optional Termination Date. The Distribution Date occurring in the month following the month in which the Pool Balance of Pool 1 2 initially declines to less than 10.00% of the Pool 1 2 Cut-off Date Balance.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust Series 2005-2)

Initial Optional Termination Date. The Distribution Date occurring in the month following the month in which the Pool 3-4 Aggregate Loan Balance of Pool 1 initially declines to less than 10.0010% of the Pool 1 3-4 Aggregate Loan Balance as of the Cut-off Date BalanceDate.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2007-15n)

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