Common use of Termination Upon Final Payment Clause in Contracts

Termination Upon Final Payment. Except for its obligations under Section 7.01, the obligations and responsibilities of Xxxxxxx Mac under this Agreement to a Holder in respect of any Pass- Through CertiÑcate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Pass-Through CertiÑcate.

Appears in 3 contracts

Samples: Through Certificates Agreement, Through Certificates Agreement, Certificates Agreement

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Termination Upon Final Payment. Except for its obligations under Section 7.01, the obligations and responsibilities of Xxxxxxx Mac under this Agreement to a Holder in respect of any Pass- Through CertiÑcate Certificate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Pass-Through CertiÑcateCertificate.

Appears in 3 contracts

Samples: Through Certificates Agreement, Certificates Agreement, Through Certificates Agreement

Termination Upon Final Payment. Except for its obligations under Section 7.01as to Sections 2.05, 2.06(c) and 8.01, the obligations and responsibilities of Xxxxxxx Mac under this Agreement to a Holder in respect of any Pass- Through CertiÑcate Certificate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Pass-Through CertiÑcateCertificate and all other amounts, if any, due the Holder hereunder.

Appears in 3 contracts

Samples: Multiclass Certificates Agreement, Multiclass Certificates Agreement, Multiclass Certificates Agreement

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Termination Upon Final Payment. Except for its obligations under Section 7.01as to Sections 2.05, 2.06(c) and 8.01, the obligations and responsibilities of Xxxxxxx Mac under this Agreement to a Holder in respect of any Pass- Through CertiÑcate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Pass-Through CertiÑcateCertiÑcate and all other amounts, if any, due the Holder hereunder.

Appears in 2 contracts

Samples: Multiclass Certificates Agreement, Multiclass Certificates Agreement

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