Common use of Trust Wind-Up Events Clause in Contracts

Trust Wind-Up Events. If any of the following events (each event, a "Trust Wind-up Event") shall occur: (a) any Swap Default arising from any action taken or failure to act, by the Swap Counterparty, if applicable; (b) the occurrence of one or more Security Defaults which either (i) results in a Security Default with respect to all Securities held by the Trust or (ii) results in a Termination Event under the Swap Agreement with respect to which all Transactions under the Swap Agreement are Affected Transactions, as a result of; (c) any Termination Event under the Swap Agreement with respect to which the Swap Counterparty shall be the sole "Affected Party" (as defined in the Swap Agreement); provided that at the time of such occurrence no Settlement Amount would be payable by the Trust to the Swap Counterparty upon designation of an Early Termination Date by the Trust;

Trust Wind-Up Events. If any of the following events (each event, a "Trust Wind-up Event") shall occur: (a) any Swap Default arising from any action taken or failure to act, by the Swap Counterparty, if applicable; (b) the occurrence of one or more Security Defaults which either (i) results in a Security Default with respect to all Securities held by the Trust or (ii) results in a Termination Event under the Swap Agreement with respect to which all Transactions under the Swap Agreement are Affected Transactions, as a result of; (c) any Termination Event under the Swap Agreement with respect to which the Swap Counterparty shall be the sole "Affected Party" (as defined in the Swap Agreement)) ; provided that at the time of such occurrence no Settlement Amount would be payable by the Trust to the Swap Counterparty upon designation of an Early Termination Date by the Trust;

Trust Wind-Up Events. If any of the following events (each event, a "Trust Wind-up Event") shall occur: (a) any Swap Default arising from any action taken or failure to act, by the Swap Counterparty, if applicable; (b) the occurrence of one or more Debt Security Defaults which either (i) results in a Debt Security Default with respect to all Debt Securities held by the Trust or (ii) results in a Termination Event under the Swap Agreement with respect to which all Transactions under the Swap Agreement are Affected Transactions, as a result of; (c) any Termination Event under the Swap Agreement with respect to which the Swap Counterparty shall be the sole "Affected Party" (as defined in the Swap Agreement); provided that at the time of such occurrence no Settlement Amount would be payable by the Trust to the Swap Counterparty upon designation of an Early Termination Date by the Trust;