Common use of Events of Default and Termination Events Clause in Contracts

Events of Default and Termination Events. (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(a)(viii) Section 5(b)(ii) Section 5(b)(iii) Section 5(b)(iv) (ii) Section 5(a)(i) will not apply to the extent it relates to a failure to include in amounts due to be paid to Party A under the Fixed Swap any Early Repayment Costs for the related Collection Period.

Appears in 2 contracts

Sources: Isda Master Agreement (National Global MBS Manager Inc), Master Agreement (Homeside Mortgage Securities Inc /De/)