Administrative Agent Requirements. The Administrative Agent will calculate the amount of the Prepayment Interest Shortfall and the Compensating Interest (as those terms are defined in the applicable Pooling Agreement) payable by the Servicer to the applicable Trustee monthly in accordance with the requirements of each Pooling Agreement.
Appears in 3 contracts
Samples: Administrative Agent Agreement (Long Beach Mortgage Loan Trust 2006-6), Administrative Agent Agreement (WaMu Asset Acceptance Corp.), Administrative Agent Agreement
Administrative Agent Requirements. The Administrative Agent will calculate the amount of the Prepayment Interest Shortfall and the Compensating Interest (as those terms are defined in the applicable Pooling Agreement) payable paybable by the Servicer to the applicable Trustee monthly in accordance with the requirements of each Pooling Agreement.
Appears in 1 contract
Samples: Administrative Agent Agreement (Long Beach Mortgage Loan Trust 2006-Wl2)