Class I Termination Date definition
Examples of Class I Termination Date in a sentence
This Agreement may be amended by the parties hereto without the consent of the Swap Counterparties after the Class I Termination Date.
For the avoidance of doubt, the parties agree that each of the Hedge Counterparties, prior to the Class I Termination Date, and the Servicing Rights Pledgee are intended and shall have all rights of a third-party beneficiary of this Agreement.
The Trustee may resign at any time by so notifying the Hedge Counterparties, if prior to the Class I Termination Date, and the Depositor.
This Agreement may be amended by the parties hereto without the consent of the Hedge Counterparties after the Class I Termination Date.
As compensation for the sub-advisory services provided under this Agreement, the Adviser shall pay the Sub-Adviser fees, payable monthly, at the annual rates indicated on Appendix B hereto, as such Appendix may be amended or supplemented from time to time.
The successor Trustee shall mail a notice of its succession to Hedge Counterparties, if prior to the Class I Termination Date, and the Certificateholders.
Any such notice to the Servicer shall also be given to the Servicing Rights Pledgee, Trustee, each Rating Agency, the Depositor, each Hedge Counterparty (if prior to the Class I Termination Date) and the Sponsor.
On each Distribution Date after the Class I Termination Date, the funds in Supplemental Interest Trust I (as reduced from time to time in accordance with this Section 4.04) will equal any amounts of Mortgage Excess Cashflow (net of any amounts distributed pursuant to Section 4.04(d)(i)).
Any such notice to the Servicer shall also be given to the Servicing Rights Pledgee, the Trustee, the Back-up Servicer, each Rating Agency, the Depositor, each Hedge Counterparty (if prior to the Class I Termination Date) and the Sponsor.
This Agreement may be amended by the parties hereto without the consent of the Swap Counterparties after the Class I Termination Date and without the consent of the Cap Counterparties after the Distribution Date in August 200[ ].