Common use of Termination upon Distribution to Certificateholders Clause in Contracts

Termination upon Distribution to Certificateholders. This Agreement and the respective obligations and responsibilities of the Depositor and the Trustee created hereby shall terminate upon the final distribution to Certificateholders and the Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. James's, living on the date hereof. Notice of any termination specifying the Final Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to Certificateholders mailed not earlier than the first day and not later than the 21st day of the month of such final distribution specifying (A) the Distribution Date upon which the final distribution on the Certificates will be made upon presentation and surrender of Certificates at the office of the Trustee therein designated, (B) the amount of any such final distribution and (C) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office of the Trustee therein specified; provided, however, that the failure to give such notice will not entitle any Certificateholder to receive any interest in excess of such Certificateholder's Percentage Interest of the allocation of such Class's Interest Accrual Amount for such Final Distribution Date. Upon presentation and surrender of a Certificate, the Trustee shall cause to be distributed to the Holder thereof such Holder's final distribution. On such Final Distribution Date, any amount remaining on deposit in the Certificate Account (other than amounts distributed pursuant to Article III) after payment to the Trustee of any amounts to which it is entitled hereunder will be distributed on the Class R Certificate.

Termination upon Distribution to Certificateholders. This Trust Agreement and the respective obligations and responsibilities of the Depositor and the Trustee created hereby shall terminate upon the final distribution to Certificateholders and the Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. James's, living on the date hereof. Notice of any termination specifying the Final Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to Certificateholders mailed not earlier than the first day and not later than the 21st 24th day of the month of such final distribution specifying (A) the Distribution Date upon which the final distribution on the Certificates will be made upon presentation and surrender of Certificates at the office of the Trustee therein designated, (B) the amount of any such final distribution and (C) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office of the Trustee therein specified; provided, however, that the failure to give such notice will not entitle any Certificateholder to receive any interest in excess of such Certificateholder's Percentage Interest of the allocation of such Class's Interest Accrual Distribution Amount for such Final Distribution Date. Upon presentation and surrender of a Certificate, the Trustee shall cause to be distributed to the Holder thereof such Holder's final distribution. On such Final Distribution Date, any amount remaining on deposit in the Certificate Account (other than amounts required to be distributed pursuant to Article IIISection 3.02(b)) after payment to the Trustee of any amounts to which it is entitled hereunder will be distributed on to the Class R CertificateHolders of the Residual Certificates.

Termination upon Distribution to Certificateholders. This Agreement and the respective obligations and responsibilities of the Depositor Depositor, the Trustee and the Trustee Certificate Administrator created hereby shall terminate upon the final distribution to Certificateholders and the Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Xxxxxx Jxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. James'sJxxxx, living on the date hereof. Notice of any termination specifying the Final final Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee Certificate Administrator for payment of the final distribution and cancellation, shall be given promptly by the Trustee Certificate Administrator by letter to Certificateholders mailed not earlier than the first (1st) day and not later than the 21st tenth (10th) day of the month of such final distribution specifying specifying: (A) the Distribution Date upon which the final distribution on the Certificates will be made upon presentation and surrender of Certificates at the office of the Trustee Certificate Administrator therein designated, (B) the amount of any such final distribution and (C) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office of the Trustee Certificate Administrator therein specified; provided, however, that the failure to give such notice will not entitle any Certificateholder to receive any interest amounts in excess of such Certificateholder's ’s Percentage Interest of the allocation of such Class's the Available Principal Distribution Amount or, the Available Interest Accrual Distribution Amount for such Final Class for such final Distribution Date. Upon presentation and surrender of a Certificate, the Trustee Certificate Administrator shall cause to be distributed to the Holder Certificateholders thereof such Holder's Certificateholder’s final distribution. On such Final final Distribution Date, any amount remaining on deposit in the Certificate Account (other than amounts distributed pursuant to Article III) after payment to the Trustee of any amounts to which it is entitled hereunder will Distribution Accounts shall be distributed on the Class R Certificatein accordance with Section 3.02.

Termination upon Distribution to Certificateholders. This Trust Agreement and the respective obligations and responsibilities of the Depositor and the Trustee created hereby shall terminate upon the final distribution to Certificateholders and the Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Xxxxxx X. XxxxxxxJoseph P. Kennedy, the late ambassador of the United States to the Court of St. James'sCourx xx Xx. Xxxxx'x, living on the date hereof. Notice of any termination termination, specifying the Final Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to Certificateholders mailed not earlier than the first day and not later than the 21st 25th day of the month of such final distribution specifying (A) the Distribution Date upon which the final distribution on the Certificates will be made upon presentation and surrender of the Certificates at the office of the Trustee therein designated, (B) the amount of any such final distribution and (C) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office of the Trustee therein specified; provided, however, that the failure to give such notice will not entitle any Certificateholder to receive any interest in excess of such Certificateholder's Percentage Interest of the allocation of such Class's the Accrued Certificate Interest Accrual Amount for such Final Distribution Date. Upon presentation and surrender of a Certificate, the Trustee shall cause to be distributed to the Holder thereof such Holder's final distribution. On such Final Distribution Date, any amount remaining on deposit assets in the Certificate Account (other than amounts distributed pursuant to Article III) Trust Fund remaining after payment of all Trust Expenses shall be distributed to the Trustee Certificateholders, in accordance with their Percentage Interests, including an "in kind" distribution of any amounts to which it is entitled hereunder will be distributed on the Class R Certificateremaining Deposited Underlying Certificates.

Termination upon Distribution to Certificateholders. This Trust Agreement and the respective obligations and responsibilities of the Depositor and the Trustee created hereby shall terminate upon the final distribution to Certificateholders and the Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the last survivor of the descendants of Xxxxxx X. Xxxxxxx, the late ambassador of the United States to the Court of St. James's, living on the date hereof. Notice of any termination termination, specifying the Final Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be given promptly by the Trustee by letter to Certificateholders mailed not earlier than the first day and not later than the 21st 24th day of the month of such final distribution specifying (A) the Distribution Date upon which the final distribution on the Certificates will be made upon presentation and surrender of Certificates at the office of the Trustee therein designated, (B) the amount of any such final distribution and (C) that the Record Date otherwise applicable to such Distribution Date is not applicable, distributions being made only upon presentation and surrender of the Certificates at the office of the Trustee therein specified; provided, however, that the failure to give such notice will not entitle any Certificateholder to receive any interest in excess of such Certificateholder's Percentage Interest of the allocation of such Class's the Interest Accrual Distribution Amount for such Final Distribution Date. Upon presentation and surrender of a Certificate, the Trustee shall cause to be distributed to the Holder thereof such Holder's final distribution. On such Final Distribution Date, any amount remaining on deposit in the Certificate Account (other than amounts distributed pursuant to Article III) after payment to the Trustee of any amounts to which it is entitled hereunder will be distributed on the Class R Certificate.