Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an amount equal to the excess (if any) of the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds in excess of the Strike Price.
Appears in 5 contracts
Samples: Trust Agreement (MSDW Structured Saturns Series 2002 5), Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment for each option so terminated in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an Agreement, the amount equal to specified as the excess (if any) of Swap Termination Payment in the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds in excess of the Strike PriceTrust Agreement.
Appears in 5 contracts
Samples: Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an amount equal to the excess (if any) of the sale proceeds (or redemption proceedsamount), excluding accrued interest, of the Bonds in excess of the Strike PricePrice (expressed as a dollar amount).
Appears in 3 contracts
Samples: Trust Agreement (MSDW Structured Saturns Series 2002-3), Trust Agreement (MSDW Structured Saturns Series 2002-4), Trust Agreement (MSDW Structured Saturns Series 2002-4)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an Agreement, the amount equal to specified as the excess (if any) of Swap Termination Payment in the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds in excess of the Strike PriceTrust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment for each option so terminated, in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an Agreement, the amount equal to specified as the excess (if any) of Swap Termination Payment in the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds in excess of the Strike PriceTrust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an amount equal to the excess (if any) of the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds in excess of the Strike Priceaggregate outstanding Unit Principal Balance (as defined in the Trust Agreement).
Appears in 1 contract
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction), there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an amount equal to the excess (if any) of the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds Securities (as defined in the Trust Agreement) in excess of the Strike Priceprincipal of, interest on and any applicable additional distribution with respect to the Units.
Appears in 1 contract
Samples: Trust Agreement (MSDW Structured Saturns Series 2001-5)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an amount equal to the excess (if any) of the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds amount) in excess of the Strike PricePrice (expressed as a dollar amount) plus accrued interest on the Bonds.
Appears in 1 contract
Samples: Trust Agreement (MSDW Structured Asset Corp Tr Un Repack Sat Ser 2002-1)
Swap Termination Payments. In the event an Early Termination Date is designated with respect to which this Transaction is an Affected Transaction, there shall be payable to Party A as a termination payment in lieu of the termination payment determined in accordance with Section 6(e) of the Agreement an amount equal to the excess (if any) of the sale proceeds (or redemption proceeds), excluding accrued interest, of the Bonds in excess of the Strike Priceaggregate outstanding Unit Principal Balance (as defined in the Trust Agreement).
Appears in 1 contract
Samples: Trust Agreement (MSDW Structured Saturns Series 2002-10)