Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Group 1 Swap Agreement, the payment required to be made by the Supplemental Interest Trust to the Group 1 Swap Counterparty, or by the Group 1 Swap Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Group 1 Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the Group 1 Swap Agreement, as calculated by the Group 1 Swap Counterparty and furnished to the Trustee.
Appears in 2 contracts
Samples: Custodial Agreement (Lehman XS Trust 2007-10h), Custodial Agreement (Lehman XS Trust 2007-10h)
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Group 1 I Swap Agreement, the payment required to be made by the Supplemental Interest Trust to the Group 1 Swap Counterparty, or by the Group 1 Swap Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Group 1 I Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the Group 1 I Swap Agreement, as calculated by the Group 1 Swap Counterparty and furnished to the Trustee.
Appears in 1 contract
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Group 1 Swap Agreement, the payment required to be made by the Supplemental Interest Trust to the Group 1 Swap Counterparty, or by the Group 1 Swap Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Group 1 Swap Agreement, and any such unpaid amounts due on previous Swap Payment Distribution Dates and accrued interest thereon as provided in the Group 1 Swap Agreement, as calculated by the Group 1 Swap Counterparty and furnished to the Trustee.
Appears in 1 contract
Samples: Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc2)
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Group 1 Swap Agreement, the payment required to be made by the Supplemental Interest Trust to the Group 1 Swap Counterparty, or by the Group 1 Swap Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Group 1 Swap Agreement, and any unpaid amounts due on previous Swap Payment Distribution Dates and accrued interest thereon as provided in the Group 1 Swap Agreement, as calculated by the Group 1 Swap Counterparty and furnished to the Trustee.
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2005-Ff3)
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Group 1 Swap Agreement, the payment required to be made by the Supplemental Interest Trust to the Group 1 Swap Counterparty, or by the Group 1 Swap Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Group 1 Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the Group 1 Swap Agreement, as calculated by the Group 1 Swap Counterparty and furnished to the Trustee.
Appears in 1 contract