Common use of Termination of Certain of Certificate Insurer’s Rights Clause in Contracts

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the Insured Certificates has been reduced to zero and all Guaranteed Distributions (as defined in the Policy) have been made, (B) the date the Term of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made and any other amounts owing to the Certificate Insurer under the Insurance Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the each Insured Certificates Certificate has been reduced to zero zero, the Certificate Insurance Policy has been returned to the Certificate Insurer and all payments of Guaranteed Distributions (as defined in the Certificate Insurance Policy) have been made, (B) the date the Term of This Policy (as defined in the Certificate Insurance Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Certificate Insurance Policy plus interest at the Late Payment Rate thereon from the date such payment was made made, and any other amounts owing to the Certificate Insurer under the Insurance this Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the each Insured Certificates Certificate has been reduced to zero zero, the Policy has been returned to the Certificate Insurer and all Guaranteed Distributions (as defined in the Policy) payments of Insured Amounts have been made, (B) the date the Term of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made made, and any other amounts owing to the Certificate Insurer under the Insurance this Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the Insured Certificates has been reduced to zero and all Guaranteed Distributions (as defined in distributions required to be made under the Policy) Policy with respect to the Insured Certificates have been made, (B) the date on which the Term of This Policy (as defined in the Policy) ends expires by its terms and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made and any other amounts owing to the Certificate Insurer under the Insurance Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the each Insured Certificates Certificate has been reduced to zero and all Guaranteed Distributions (as defined in the Policy) have been made, (B) the date the Term of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made made, and any other amounts owing to the Certificate Insurer under the Insurance this Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the each Insured Certificates Certificate has been reduced to zero and all Guaranteed Distributions (as defined in the Policy) have been made, (B) the date the Term of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made made, and any other amounts owing to the Certificate Insurer under the Insurance Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the Insured Class A-1 Certificates has been reduced to zero and all Guaranteed Distributions (as defined in the Policy) have been made, (B) the date the Term of Of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made and any other amounts owing to the Certificate Insurer under the Insurance Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the Insured Certificates has been reduced to zero and all Guaranteed Distributions (as defined in distributions required to be made under the Policy) Policy with respect to the Insured Certificates have been made, (B) the date on which the Term of This Policy (as defined in the Policy) ends expires by its terms and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made and any other amounts owing to the Certificate Insurer under the Insurance Agreement.. 180

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the Insured Certificates has been reduced to zero and all Guaranteed Distributions (as defined in the Policy) have been made, (B) the date the Term of Of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made and any other amounts owing to the Certificate Insurer under the Insurance Agreement.

Termination of Certain of Certificate Insurer’s Rights. Notwithstanding anything to the contrary anywhere in this Agreement, all rights of the Certificate Insurer, except in the case of any right to indemnification hereunder, shall permanently cease to be operable upon the latest to occur of (A) the date upon which the Certificate Principal Balance of the Insured Certificates has been reduced to zero and all Guaranteed Distributions (as defined in the Policy) have been made, (B) the date the Term of Of This Policy (as defined in the Policy) ends and (C) the payment in full to the Certificate Insurer of all amounts paid under the Policy plus interest at the Late Payment Rate thereon from the date such payment was made and any other amounts owing to the Certificate Insurer under the Insurance Agreement.. 168