Common use of Termination Price Clause in Contracts

Termination Price. As of any date of determination, an amount without duplication equal to the greater of (a) the Note Redemption Amount and (b) the sum of (i) the Principal Balance of each Loan included in the Trust as of the Payment Date of the termination of the Trust; (ii) all unpaid interest accrued on the Principal Balance of each such Loan at the related Net Loan Interest Rate to such Payment Date; and (iii) the aggregate fair market value of each Foreclosure Property included in the Trust on such Payment Date, as determined by an Independent appraiser acceptable to the Majority Noteholders as of a date not more than 30 days prior to such Payment Date.

Termination Price. As of any date of determination, an amount without duplication equal to the greater of (aA) the Note Redemption Amount and (bB) the sum of (i) the Principal Balance of each Loan included in the Trust as of the Payment Date of the termination of the Trust; (ii) all unpaid interest accrued on the Principal Balance of each such Loan at the related Net Loan Interest Rate to such Payment Date; and (iii) the aggregate fair market value of each Foreclosure Property included in the Trust on such Payment Date, as determined by an Independent appraiser acceptable to the Majority Noteholders as of a date not more than 30 days prior to such Payment Date.