Common use of Qualified Liquidation Clause in Contracts

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X IX are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X IX are subject to the requirement that any termination shall be a “"qualified liquidation” " of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “"affected holders” " shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “"qualified liquidation” " and REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and such REMIC owed taxes as a result hereofthereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “"qualified liquidation” " of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “"affected holders” " shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “"qualified liquidation” " and REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and such REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “"qualified liquidation” " of each associated REMIC unless 100% [100]% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “"affected holders” " shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “"qualified liquidation” " and REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and such REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% [100]% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and REMIC owed taxes as a result hereof.

Qualified Liquidation. The Provisions of this Article X are subject to the requirement that any termination shall be a “qualified liquidation” of each associated REMIC unless 100% of the affected holders of interests in each such REMIC have consented to waive such requirements. For this purpose “affected holders” shall mean each holder of a regular or residual interest which would likely receive a smaller amount in final distributions if the termination were not a “qualified liquidation” and REMIC owed taxes as a result hereof.