Common use of Optional Exchange Clause in Contracts

Optional Exchange. (a) Merrill Lynch & Co. or any of its Affiliates (other than the Depositor), xx xx xxxxx Certificates, or any other (i) Person or (ii) group of Affiliated Persons (in each case other than the Depositor) holding Certificates with an aggregate stated amount of $5 million or more acquired pursuant to the exercise of Call Rights held by it (provided that, in the case of a group of Affiliated Persons, no single Affiliated Person holds Certificates with an aggregate stated amount of less than $500,000 acquired pursuant to the exercise of Call Rights held by it), may notify the Trustee, not less than 30 days but not more than 60 days prior to any Optional Exchange Date, that:

Optional Exchange. (a) Merrill Lynch & Co. or any of its Affiliates (other than the DepositorDepositox), xx xx xxxxx ix xxxds Certificates, or any other (i) Person or (ii) group of Affiliated Persons (in each case other than the Depositor) holding Certificates with an aggregate stated amount of $5 million or more acquired pursuant to the exercise of Call Rights held by it (provided that, in the case of a group of Affiliated Persons, no single Affiliated Person holds Certificates with an aggregate stated amount of less than $500,000 acquired pursuant to the exercise of Call Rights held by it), may notify the Trustee, not less than 30 days but not more than 60 days prior to any Optional Exchange Date, that:

Optional Exchange. (a) Merrill Lynch & Co. or any of its Affiliates (other than the Depositor), xx xx xxxxx xt xxxxs Certificates, or any other (i) Person or (ii) group of Affiliated Persons (in each case other than the Depositor) holding Certificates with an aggregate stated amount of $5 million or more acquired pursuant to the exercise of Call Rights held by it (provided that, in the case of a group of Affiliated Persons, no single Affiliated Person holds Certificates with an aggregate stated amount of less than $500,000 acquired pursuant to the exercise of Call Rights held by it), may notify the Trustee, not less than 30 days but not more than 60 days prior to any Optional Exchange Date, that:

Optional Exchange. (a) Merrill Lynch & Co. or any of its Affiliates (other than the DepositorDepositox), xx xx xxxxx ix xxxds Certificates, or any other (i) Person or (ii) group of Affiliated Persons (in each case other than the Depositor) holding Certificates with an aggregate stated amount of $5 million or more more, all acquired pursuant to the exercise of Call Rights held by it (provided that, in the case of a group of Affiliated Persons, no single Affiliated Person holds Certificates with an aggregate stated amount of less than $500,000 acquired pursuant to the exercise of Call Rights held by it), ) may notify the Trustee, not less than 30 days but not more than 60 days prior to any Optional Exchange Date, that:

Optional Exchange. (a) Merrill Lynch & Co. or any of its Affiliates (other than the Depositor), xx xx xxxxx Certificates, or any other (i) Person or (ii) group of Affiliated Persons (in each case other than the Depositor) holding Certificates with an aggregate stated amount of $5 million or more more, all acquired pursuant to the exercise of Call Rights held by it (provided that, in the case of a group of Affiliated Persons, no single Affiliated Person holds Certificates with an aggregate stated amount of less than $500,000 acquired pursuant to the exercise of Call Rights held by it), ) may notify the Trustee, not less than 30 days but not more than 60 days prior to any Optional Exchange Date, that: