Common use of Termination Upon Final Payment Clause in Contracts

Termination Upon Final Payment. Except as 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 Certificate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Certificate 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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Termination Upon Final Payment. Except as to Sections 2.05, 2.06(c) and 8.01for its obligations under Section 7.01, the obligations and responsibilities of Xxxxxxx Mac under this Agreement to a Holder in respect of any Certificate 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 Certificate Pass-Through CertiÑcate. ARTICLE IV Form of Pass-Through CertiÑcates; Minimum Principal Amounts and all other amounts, if any, due the Holder hereunder.Minimum Notional Principal Amounts; Transfers; Exchanges; Exercise of Call Right

Appears in 1 contract

Samples: Pass Through Certificates Agreement

Termination Upon Final Payment. Except as 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 Certificate CertiÑcate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Certificate CertiÑcate and all other amounts, if any, due the Holder hereunder.

Appears in 1 contract

Samples: Multiclass Certificates Agreement

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Termination Upon Final Payment. Except as to Sections 2.05, 2.06(c) and 8.01for 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 Certificate shall terminate upon the payment to the Holder of all amounts of principal and interest due the Holder in respect of such Certificate Pass-Through Certificate. ARTICLE IV Form of Pass-Through Certificates; Minimum Principal Amounts and all other amounts, if any, due the Holder hereunder.Minimum Notional Principal Amounts; Transfers; Exchanges; Exercise of Call Right

Appears in 1 contract

Samples: Pass Through Certificates Agreement

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