Swap Disclosure Event. If upon the occurrence of a Swap Disclosure Event (as defined in paragraph (xxii) above), UBS AG has not, within 10 business days (after giving effect to any grace period applicable to the relevant filing) after such Swap Disclosure Event, either: (A) complied with any of the provisions set forth in paragraph (xxii) above or (B) accomplished an Elective Termination (as provided below), then an Additional Termination Event shall have occurred with respect to UBS AG and UBS AG shall be the sole Affected Party with respect to such Additional Termination Event.
Appears in 3 contracts
Samples: Assignment Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Fa4), Assignment Agreement (MASTR Asset Securitization Trust 2006-1), Assignment Agreement (MASTR Asset Securitization Trust 2006-2)
Swap Disclosure Event. If upon the occurrence of a Swap Disclosure Event (as defined in paragraph (xxiixxiii) above), UBS AG has not, within 10 5 business days (after giving effect to any grace period applicable to the relevant filing) after such Swap Disclosure Event, either: (A) Event complied with any of the provisions set forth in paragraph (xxiixxiii) above or (B) accomplished an Elective Termination (as provided below)above, then an Additional Termination Event shall have occurred with respect to UBS AG and with UBS AG shall be as the sole Affected Party with respect to such Additional Termination Event.
Appears in 1 contract
Samples: Yield Maintenance Agreement (Wells Fargo Mortgage Backed Securities 2006-6 Trust)
