Common use of Termination of a Material Definitive Agreement Clause in Contracts

Termination of a Material Definitive Agreement. Disclosure is required regarding Servicer; or any termination of any definitive of the following agreement that is material to the that is a party securitization (other than expiration to the agreement in accordance with its terms), even if if Servicer is depositor is not a party. not: Trustee, Sponsor, Examples: servicing agreement, Depositor custodial agreement. ------------------------------------------------------------------------------- 1.03 Bankruptcy or Receivership ------------------------------------------------------------------------------- Disclosure is required regarding the Depositor bankruptcy or receivership, if known to the Depositor, with respect to any of the following: Sponsor (Seller), Depositor, Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers, Trustee, significant obligor, credit enhancer (10% or more), derivatives counterparty ------------------------------------------------------------------------------- 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement ------------------------------------------------------------------------------- Includes an early amortization, Servicer/Trustee performance trigger or other event, (to the extent including event of default, that would of actual materially alter the payment knowledge) priority/distribution of cash flows/amortization schedule.

Termination of a Material Definitive Agreement. Disclosure is required regarding termination of any Servicer; or any termination of any definitive of the following definitive agreement that is material to the securitization following that is a party securitization (other than expiration to the agreement in accordance with its terms), even if to the agreement if Servicer is depositor is not a party. Servicer is not: Trustee, Sponsor, Depositor Examples: servicing agreement, Depositor custodial agreement. ------------------------------------------------------------------------------- ----------------- ---------------------------------------------------------------- ----------------------------- 1.03 Bankruptcy or Receivership ------------------------------------------------------------------------------- ---------------------------------------------------------------- ----------------------------- Disclosure is required regarding the Depositor bankruptcy or Depositor receivership, if known to the Depositor, with respect to any of the following: Sponsor (Seller), Depositor, Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers, Trustee, significant obligor, credit enhancer (10% or more), derivatives counterparty ------------------------------------------------------------------------------- ----------------- ---------------------------------------------------------------- ----------------------------- 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement ------------------------------------------------------------------------------- ---------------------------------------------------------------- ----------------------------- Includes an early amortization, Servicer/Trustee performance trigger or other event, Servicer/Trustee (to the extent event, including event of default, that would materially alter extent of actual materially alter knowledge) the payment knowledge) priority/distribution of cash flows/amortization schedule.

Termination of a Material Definitive Agreement. Disclosure is required regarding termination of any Servicer; or any termination of any definitive of the following definitive agreement that is material to the following that is a party securitization (other than expiration in accordance with to the agreement in accordance with if its terms), even if if Servicer is depositor is not a party. Servicer is not: Trustee, Sponsor, Depositor Examples: servicing agreement, Depositor custodial agreement. ------------------------------------------------------------------------------- --------------- ---------------------------------------------------------- --------------------------- 1.03 Bankruptcy or Receivership ------------------------------------------------------------------------------- ---------------------------------------------------------- --------------------------- Disclosure is required regarding the Depositor bankruptcy or Depositor receivership, if known to the Depositor, with respect to any of the following: Sponsor (Seller), Depositor, Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers, Trustee, significant obligor, credit enhancer (10% or more), derivatives counterparty ------------------------------------------------------------------------------- --------------- ---------------------------------------------------------- --------------------------- 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement ------------------------------------------------------------------------------- ---------------------------------------------------------- --------------------------- Includes an early amortization, performance trigger or Servicer/Trustee performance trigger or (to the other event, (to the extent including event of default, that would extent of actual materially alter the payment knowledge) priority/distribution of knowledge) cash flows/amortization schedule.

Termination of a Material Definitive Agreement. Disclosure is required regarding termination of any definitive Servicer; or any termination of any definitive of the following agreement that is material to the securitization (other than following that is a party securitization (other than to expiration to the agreement in accordance with its terms), even if depositor is the agreement if Servicer is depositor is not a party. not: Trustee, Sponsor, Depositor Examples: servicing agreement, Depositor custodial agreement. ------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 1.03 Bankruptcy or Receivership ------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Disclosure is required regarding the Depositor bankruptcy or Depositor receivership, if known to the Depositor, with respect to any of the following: Sponsor (Seller), Depositor, Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers, Trustee, significant obligor, credit enhancer (10% or more), derivatives counterparty ------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement ------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Includes an early amortization, Servicer/Trustee performance trigger or other event, Servicer/Trustee (to the extent event, including event of default, that would materially alter extent of actual materially alter knowledge) the payment knowledge) priority/distribution of cash flows/amortization schedule.

Termination of a Material Definitive Agreement. Disclosure is required regarding termination of any Servicer; or any termination of any definitive of the following definitive agreement that is material to the following that is a party securitization (other than expiration in accordance with to the agreement in accordance with if its terms), even if if Servicer is depositor is not a party. Servicer is not: Trustee, Sponsor, Depositor Examples: servicing agreement, Depositor custodial agreement. ------------------------------------------------------------------------------- --------------- ---------------------------------------------------------- --------------------------- 1.03 Bankruptcy or Receivership ------------------------------------------------------------------------------- ---------------------------------------------------------- --------------------------- Disclosure is required regarding the bankruptcy Depositor bankruptcy or receivership, if known to the Depositor, with respect to any of the following: Sponsor (Seller), Depositor, Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers, Trustee, significant obligor, credit enhancer (10% or more), derivatives counterparty ------------------------------------------------------------------------------- --------------- ---------------------------------------------------------- --------------------------- 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement ------------------------------------------------------------------------------- ---------------------------------------------------------- --------------------------- Includes an early amortization, performance trigger or Servicer/Trustee performance trigger or (to the other event, (to the extent including event of default, that would extent of actual materially alter the payment knowledge) priority/distribution of knowledge) cash flows/amortization schedule.