Agency Role of Greenwich Capital Markets, Inc. In connection with this Agreement, Greenwich Capital Markets, Inc. has acted as agent on behalf of Party A. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Agreement. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us by facsimile transmission at (000) 000-0000 (Confirmations). If you have any questions regarding payments or resets, please contact our Customer Service/Confirmations Group at (000) 000-0000. We are happy to have completed this transaction with you. Yours sincerely, GREENWICH CAPITAL DERIVATIVES, INC. By: Greenwich Capital Markets, Inc., its agent By: ________________________ Name: Title: Accepted and confirmed as of the date first above written: Long Beach Mortgage Company By: ________________________ Name: Xxxxx Xxxxx Title: Vice President For use with Reference Number IRG6652106.2A.2B (all dates subject to adjustment in accordance with the Following Business Day Convention). Schedule A Calculation Period From and Including To but Excluding Notional Amount ($) Cap Rate (%) 1 01/06/05 02/25/05 894,526,000 3.80463 2 02/25/05 03/25/05 865,904,597 6.79389 3 03/25/05 04/25/05 837,949,542 6.13634 4 04/25/05 05/25/05 810,642,583 6.34260 5 05/25/05 06/25/05 783,966,512 6.14250 6 06/25/05 07/25/05 757,905,108 6.34802 7 07/25/05 08/25/05 732,441,875 6.14317 8 08/25/05 09/25/05 707,561,579 6.14309 9 09/25/05 10/25/05 683,249,919 6.34778 10 10/25/05 11/25/05 659,499,782 6.14467 11 11/25/05 12/25/05 636,368,665 6.35413 12 12/25/05 01/25/06 613,842,495 6.14990 13 01/25/06 02/25/06 591,905,709 6.14982 14 02/25/06 03/25/06 570,542,820 6.80864 15 03/25/06 04/25/06 549,738,861 6.14967 16 04/25/06 05/25/06 529,479,257 6.35636 17 05/25/06 06/25/06 509,749,963 6.15579 18 06/25/06 07/25/06 490,537,397 6.36175 19 07/25/06 08/25/06 471,827,749 6.15645 20 08/25/06 09/25/06 453,607,813 6.15637 21 09/25/06 10/25/06 435,864,814 6.36150 22 10/25/06 11/25/06 418,586,309 6.22162 23 11/25/06 12/25/06 401,750,402 7.28836 24 12/25/06 01/25/07 385,273,271 7.05387 25 01/25/07 02/25/07 369,229,189 7.05369 26 02/25/07 03/25/07 353,606,767 7.80923 27 03/25/07 04/25/07 338,394,977 7.05331 28 04/25/07 05/25/07 323,583,080 7.35572 29 05/25/07 06/25/07 309,165,743 7.94134 30 06/25/07 07/25/07 295,190,850 8.20650 31 07/25/07 08/25/07 281,581,946 7.94232 32 08/25/07 09/25/07 268,329,498 7.94194 33 09/25/07 10/25/07 255,424,157 8.21663 34 10/25/07 11/25/07 242,857,655 8.04266 35 11/25/07 12/25/07 230,623,300 9.16908 36 12/25/07 01/25/08 218,756,183 8.87355 37 01/25/08 02/25/08 207,198,936 8.87329 38 02/25/08 03/25/08 207,198,936 9.48463 39 03/25/08 04/25/08 207,198,936 8.87592 40 04/25/08 05/25/08 207,198,936 9.24576 41 05/25/08 06/25/08 207,198,936 9.76631 42 06/25/08 07/25/08 0 0.00000 43 07/25/08 08/25/08 207,198,936 9.76512 44 08/25/08 09/25/08 207,198,936 9.76438 45 09/25/08 10/25/08 0 0.00000 46 10/25/08 11/25/08 203,478,254 9.83871 EXHIBIT B-3 FORM OF SUBORDINATE CAP AGREEMENT 23 December 2004 TRANSACTION To: Long Beach Mortgage Company c/o Deutsche Bank National Trust Company, as trustee Attn: Trust Administration – LB 0501 Fax: +0 (000) 000-0000 Our Reference: IRG6652111.2A – Mezzanine Certificates and Class B Certificates The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Long Beach Mortgage Company, a corporation organized under the laws of the State of Delaware, and Greenwich Capital Derivatives, Inc. (“GCD”) (each a "party" and together "the parties") on the Trade Date specified below (the "Transaction"). The definitions and provisions contained in the 2000 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc. (“ISDA”)) (the “Definitions”) are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern.
Appears in 1 contract
Agency Role of Greenwich Capital Markets, Inc. In connection with this Agreement, Greenwich Capital Markets, Inc. has acted as agent on behalf of Party A. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Agreement. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us by facsimile transmission at (000) 000-0000 (Confirmations). If you have any questions regarding payments or resets, please contact our Customer Service/Confirmations Group at (000) 000-0000. We are happy to have completed this transaction with you. Yours sincerely, GREENWICH CAPITAL DERIVATIVES, INC. By: Greenwich Capital Markets, Inc., its agent By: ________________________ Name: Title: Accepted and confirmed as of the date first above written: Long Beach Mortgage Company By: ________________________ Name: Xxxxx Xxxxx Patel Title: Vice President For use with Reference Number IRG6652106.2A.2B IRG6652101.2A.2B (all dates subject to adjustment in accordance with the Following Business Day Convention). Schedule A Calculation Period From and Including To but Excluding Notional Amount ($) Cap Rate (%) 1 01/06/05 02/25/05 894,526,000 3.80463 1,912,475,000 4.00614 2 02/25/05 03/25/05 865,904,597 6.79389 1,852,904,293 7.15423 3 03/25/05 04/25/05 837,949,542 6.13634 1,794,545,479 6.46221 4 04/25/05 05/25/05 810,642,583 6.34260 1,737,363,237 6.67792 5 05/25/05 06/25/05 783,966,512 6.14250 1,681,324,480 6.46783 6 06/25/05 07/25/05 757,905,108 6.34802 1,626,400,114 6.68365 7 07/25/05 08/25/05 732,441,875 6.14317 1,572,560,073 6.46822 8 08/25/05 09/25/05 707,561,579 6.14309 1,519,778,289 6.46835 9 09/25/05 10/25/05 683,249,919 6.34778 1,468,030,927 6.68405 10 10/25/05 11/25/05 659,499,782 6.14467 1,417,306,194 6.46847 11 11/25/05 12/25/05 636,368,665 6.35413 1,367,893,293 6.68934 12 12/25/05 01/25/06 613,842,495 6.14990 1,319,767,865 6.47359 13 01/25/06 02/25/06 591,905,709 6.14982 1,272,895,279 6.47363 14 02/25/06 03/25/06 570,542,820 6.80864 1,227,243,014 7.16727 15 03/25/06 04/25/06 549,738,861 6.14967 1,182,779,394 6.47370 16 04/25/06 05/25/06 529,479,257 6.35636 1,139,473,560 6.68953 17 05/25/06 06/25/06 509,749,963 6.15579 06/02/06 1,097,295,457 6.47881 18 06/25/06 07/25/06 490,537,397 6.36175 1,056,216,677 6.69481 19 07/25/06 08/25/06 471,827,749 6.15645 1,016,207,787 6.47888 20 08/25/06 09/25/06 453,607,813 6.15637 977,241,007 6.47892 21 09/25/06 10/25/06 435,864,814 6.36150 939,289,279 6.69492 22 10/25/06 11/25/06 418,586,309 6.22162 902,326,245 6.53140 23 11/25/06 12/25/06 401,750,402 7.28836 866,311,285 7.57148 24 12/25/06 01/25/07 385,273,271 7.05387 831,205,397 7.32701 25 01/25/07 02/25/07 369,229,189 7.05369 797,014,556 7.32677 26 02/25/07 03/25/07 353,606,767 7.80923 763,715,004 8.11152 27 03/25/07 04/25/07 338,394,977 7.05331 731,283,597 7.32629 28 04/25/07 05/25/07 323,583,080 7.35572 699,697,789 7.62357 29 05/25/07 06/25/07 309,165,743 7.94134 668,944,423 8.16585 30 06/25/07 07/25/07 295,190,850 8.20650 639,117,035 8.43745 31 07/25/07 08/25/07 281,581,946 7.94232 08/24/07 610,064,540 8.16470 32 08/25/07 09/25/07 268,329,498 7.94194 581,766,880 8.16411 33 09/25/07 10/25/07 255,424,157 8.21663 554,204,513 8.43565 34 10/25/07 11/25/07 242,857,655 8.04266 527,358,403 8.23695 35 11/25/07 12/25/07 230,623,300 9.16908 501,219,811 9.36553 36 12/25/07 01/25/08 218,756,183 8.87355 475,851,510 9.06290 37 01/25/08 02/25/08 207,198,936 8.87329 451,140,294 9.06197 38 02/25/08 03/25/08 207,198,936 9.48463 451,140,294 9.68593 39 03/25/08 04/25/08 207,198,936 8.87592 451,140,294 9.06009 40 04/25/08 05/25/08 207,198,936 9.24576 451,140,294 9.42202 41 05/25/08 06/25/08 207,198,936 9.76631 451,140,294 9.91047 42 06/25/08 07/25/08 0 0.00000 43 07/25/08 08/25/08 207,198,936 9.76512 451,140,294 9.90808 44 08/25/08 09/25/08 207,198,936 9.76438 451,140,294 9.90681 45 09/25/08 10/25/08 0 0.00000 46 10/25/08 11/25/08 203,478,254 9.83871 439,806,042 9.96306 EXHIBIT B-3 FORM OF SUBORDINATE CAP AGREEMENT B-2 Form of GROUP II Cap Agreement 23 December 2004 TRANSACTION To: Long Beach Mortgage Company c/o Deutsche Bank National Trust Company, as trustee Attn: Trust Administration – LB 0501 Fax: +0 (000) 000-0000 Our Reference: IRG6652111.2A – Mezzanine Certificates and Class B Certificates The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Long Beach Mortgage Company, a corporation organized under the laws of the State of Delaware, and Greenwich Capital Derivatives, Inc. (“GCD”) (each a "party" and together "the parties") on the Trade Date specified below (the "Transaction"). The definitions and provisions contained in the 2000 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc. (“ISDA”)) (the “Definitions”) are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern.0000
Appears in 1 contract
Agency Role of Greenwich Capital Markets, Inc. In connection with this Agreement, Greenwich Capital Markets, Inc. has acted as agent on behalf of Party A. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Agreement. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us by facsimile transmission at (000) 000-0000 (Confirmations). If you have any questions regarding payments or resets, please contact our Customer Service/Confirmations Group at (000) 000-0000. We are happy to have completed this transaction with you. Yours sincerely, GREENWICH CAPITAL DERIVATIVES, INC. By: Greenwich Capital Markets, Inc., its agent By: ________________________ Name: Title: Accepted and confirmed as of the date first above written: Long Beach Mortgage Company By: ________________________ Name: Xxxxx Xxxxx Jxxxxxx X Xxxxxxxx Title: First Vice President For use with Reference Number IRG6652106.2A.2B C012004002 (all dates subject to adjustment in accordance with the Modified Following Business Day Convention). Schedule A Calculation Period From and Including To but Excluding Notional Amount ($) Cap Rate (%) 1 01/06/05 02/25/05 894,526,000 3.80463 5-Feb-04 25-Mar-04 $4,410,020,000 3.96945 2 02/25/05 03/25/05 865,904,597 6.79389 25-Mar-04 26-Apr-04 4,310,724,851 6.27377 3 03/25/05 04/25/05 837,949,542 6.13634 26-Apr-04 25-May-04 4,211,641,601 6.48373 4 04/25/05 05/25/05 810,642,583 6.34260 25-May-04 25-Jun-04 4,112,753,073 6.27415 5 05/25/05 06/25/05 783,966,512 6.14250 25-Jun-04 26-Jul-04 4,014,053,884 6.48352 6 06/25/05 07/25/05 757,905,108 6.34802 26-Jul-04 25-Aug-04 3,915,550,219 6.27417 7 07/25/05 08/25/05 732,441,875 6.14317 25-Aug-04 27-Sep-04 3,817,259,283 6.27400 8 08/25/05 09/25/05 707,561,579 6.14309 27-Sep-04 25-Oct-04 3,719,211,306 6.48301 9 09/25/05 10/25/05 683,249,919 6.34778 25-Oct-04 26-Nov-04 3,622,413,071 6.27503 10 10/25/05 11/25/05 659,499,782 6.14467 26-Nov-04 27-Dec-04 3,528,062,944 6.48406 11 11/25/05 12/25/05 636,368,665 6.35413 27-Dec-04 25-Jan-05 3,436,100,915 6.27535 12 12/25/05 01/25/06 613,842,495 6.14990 25-Jan-05 25-Feb-05 3,346,467,121 6.27531 13 01/25/06 02/25/06 591,905,709 6.14982 25-Feb-05 25-Mar-05 3,259,102,520 6.94758 14 02/25/06 03/25/06 570,542,820 6.80864 25-Mar-05 25-Apr-05 3,173,949,707 6.27513 15 03/25/06 04/25/06 549,738,861 6.14967 25-Apr-05 25-May-05 3,090,952,746 6.48548 16 04/25/06 05/25/06 529,479,257 6.35636 25-May-05 27-Jun-05 3,010,057,561 6.27614 17 05/25/06 06/25/06 509,749,963 6.15579 27-Jun-05 25-Jul-05 2,931,210,563 6.48581 18 06/25/06 07/25/06 490,537,397 6.36175 25-Jul-05 25-Aug-05 2,854,360,125 6.27655 19 07/25/06 08/25/06 471,827,749 6.15645 25-Aug-05 26-Sep-05 2,779,455,641 6.27647 20 08/25/06 09/25/06 453,607,813 6.15637 26-Sep-05 25-Oct-05 2,706,447,890 6.51869 21 09/25/06 10/25/06 435,864,814 6.36150 25-Oct-05 25-Nov-05 2,635,303,369 6.90074 22 10/25/06 11/25/06 418,586,309 6.22162 25-Nov-05 27-Dec-05 2,566,221,986 7.13776 23 11/25/06 12/25/06 401,750,402 7.28836 27-Dec-05 25-Jan-06 2,498,885,952 6.90710 24 12/25/06 01/25/07 385,273,271 7.05387 25 01/25/07 02/25/07 369,229,189 7.05369 25-Jan-06 27-Feb-06 2,433,248,662 6.90622 26 02/25/07 03/25/07 353,606,767 7.80923 27-Mar-06 25-Apr-06 2,306,899,956 6.93606 27 03/25/07 04/25/07 338,394,977 7.05331 25-Apr-06 25-May-06 2,246,116,872 7.76325 28 04/25/07 05/25/07 323,583,080 7.35572 25-May-06 26-Jun-06 2,187,057,981 7.51872 29 05/25/07 06/25/07 309,165,743 7.94134 26-Jun-06 25-Jul-06 2,129,486,388 7.76813 30 06/25/07 07/25/07 295,190,850 8.20650 25-Jul-06 25-Aug-06 2,073,362,802 7.51589 31 07/25/07 08/25/07 281,581,946 7.94232 25-Aug-06 25-Sep-06 2,018,650,798 7.51419 32 08/25/07 09/25/07 268,329,498 7.94194 25-Sep-06 25-Oct-06 1,965,314,921 7.79647 33 09/25/07 10/25/07 255,424,157 8.21663 25-Oct-06 27-Nov-06 1,913,328,933 8.16710 34 10/25/07 11/25/07 242,857,655 8.04266 27-Nov-06 26-Dec-06 1,862,807,176 8.44556 35 11/25/07 12/25/07 230,623,300 9.16908 26-Dec-06 25-Jan-07 1,813,554,221 8.17113 36 12/25/07 01/25/08 218,756,183 8.87355 25-Jan-07 26-Feb-07 1,765,536,576 8.16867 37 01/25/08 02/25/08 207,198,936 8.87329 26-Feb-07 26-Mar-07 1,718,723,262 9.04111 38 02/25/08 03/25/08 207,198,936 9.48463 26-Mar-07 25-Apr-07 1,692,561,089 8.19519 39 03/25/08 04/25/08 207,198,936 8.87592 25-Apr-07 25-May-07 1,649,852,264 9.06949 40 04/25/08 05/25/08 207,198,936 9.24576 25-May-07 25-Jun-07 1,608,319,125 8.78153 41 05/25/08 06/25/08 207,198,936 9.76631 25-Jun-07 25-Jul-07 1,567,826,494 9.07088 42 06/25/08 07/25/08 0 0.00000 43 07/25/08 08/25/08 207,198,936 9.76512 44 08/25/08 09/25/08 207,198,936 9.76438 45 09/25/08 10/25/08 0 0.00000 46 10/25/08 11/25/08 203,478,254 9.83871 EXHIBIT B-3 FORM OF SUBORDINATE CAP AGREEMENT 23 December 2004 TRANSACTION To: Long Beach Mortgage Company c/o Deutsche Bank National Trust Company, as trustee Attn: Trust Administration – LB 0501 Fax: +0 (000) 00025-0000 Our Reference: IRG6652111.2A – Mezzanine Certificates and Class B Certificates The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Long Beach Mortgage Company, a corporation organized under the laws of the State of Delaware, and Greenwich Capital Derivatives, Inc. (“GCD”) (each a "party" and together "the parties") on the Trade Date specified below (the "Transaction"). The definitions and provisions contained in the 2000 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc. (“ISDA”)) (the “Definitions”) are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern.Jul-07 27-Aug-07 1,528,347,243 8.77502
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Certs Ser 2004-1)
Agency Role of Greenwich Capital Markets, Inc. In connection with this Agreement, Greenwich Capital Markets, Inc. has acted as agent on behalf of Party A. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Agreement. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us by facsimile transmission at (000) 000-0000 (Confirmations). If you have any questions regarding payments or resets, please contact our Customer Service/Confirmations Group at (000) 000-0000. We are happy to have completed this transaction with you. Yours sincerely, GREENWICH CAPITAL DERIVATIVES, INC. By: Greenwich Capital Markets, Inc., its agent By: ________________________ Name: Title: Accepted and confirmed as of the date first above written: Long Beach Mortgage Company By: ________________________ Name: Xxxxx Xxxxx Title: Vice President For use with Reference Number IRG6652106.2A.2B IRG6652111.2A (all dates subject to adjustment in accordance with the Following Business Day Convention). Schedule A Calculation Period From and Including To but Excluding Notional Amount ($) Cap Rate (%) 1 01/06/05 02/25/05 894,526,000 3.80463 631,750,000 3.94192 2 02/25/05 03/25/05 865,904,597 6.79389 631,750,000 7.03940 3 03/25/05 04/25/05 837,949,542 6.13634 631,750,000 6.35837 4 04/25/05 05/25/05 810,642,583 6.34260 631,750,000 6.57107 5 05/25/05 06/25/05 783,966,512 6.14250 631,750,000 6.36416 6 06/25/05 07/25/05 757,905,108 6.34802 631,750,000 6.57669 7 07/25/05 08/25/05 732,441,875 6.14317 631,750,000 6.36463 8 08/25/05 09/25/05 707,561,579 6.14309 631,750,000 6.36470 9 09/25/05 10/25/05 683,249,919 6.34778 631,750,000 6.57689 10 10/25/05 11/25/05 659,499,782 6.14467 631,750,000 6.36529 11 11/25/05 12/25/05 636,368,665 6.35413 631,750,000 6.58252 12 12/25/05 01/25/06 613,842,495 6.14990 631,750,000 6.37044 13 01/25/06 02/25/06 591,905,709 6.14982 631,750,000 6.37044 14 02/25/06 03/25/06 570,542,820 6.80864 631,750,000 7.05299 15 03/25/06 04/25/06 549,738,861 6.14967 631,750,000 6.37044 16 04/25/06 05/25/06 529,479,257 6.35636 631,750,000 6.58336 17 05/25/06 06/25/06 509,749,963 6.15579 631,750,000 6.37588 18 06/25/06 07/25/06 490,537,397 6.36175 631,750,000 6.58867 19 07/25/06 08/25/06 471,827,749 6.15645 631,750,000 6.37613 20 08/25/06 09/25/06 453,607,813 6.15637 631,750,000 6.37613 21 09/25/06 10/25/06 435,864,814 6.36150 631,750,000 6.58867 22 10/25/06 11/25/06 418,586,309 6.22162 631,750,000 6.43268 23 11/25/06 12/25/06 401,750,402 7.28836 631,750,000 7.48126 24 12/25/06 01/25/07 385,273,271 7.05387 631,750,000 7.23997 25 01/25/07 02/25/07 369,229,189 7.05369 631,750,000 7.23975 26 02/25/07 03/25/07 353,606,767 7.80923 631,750,000 8.01519 27 03/25/07 04/25/07 338,394,977 7.05331 631,750,000 7.23930 28 04/25/07 05/25/07 323,583,080 7.35572 631,750,000 7.53821 29 05/25/07 06/25/07 309,165,743 7.94134 631,750,000 8.09431 30 06/25/07 07/25/07 295,190,850 8.20650 631,750,000 8.36386 31 07/25/07 08/25/07 281,581,946 7.94232 631,750,000 8.09383 32 08/25/07 09/25/07 268,329,498 7.94194 631,750,000 8.09331 33 09/25/07 10/25/07 255,424,157 8.21663 631,750,000 8.36586 34 10/25/07 11/25/07 242,857,655 8.04266 631,750,000 8.17504 35 11/25/07 12/25/07 230,623,300 9.16908 631,750,000 9.30292 36 12/25/07 01/25/08 218,756,183 8.87355 631,750,000 9.00256 37 01/25/08 02/25/08 207,198,936 8.87329 631,750,000 9.00184 38 02/25/08 03/25/08 207,198,936 9.48463 611,613,105 9.62178 39 03/25/08 04/25/08 207,198,936 8.87592 578,408,549 9.00140 40 04/25/08 05/25/08 207,198,936 9.24576 546,066,751 9.36585 41 05/25/08 06/25/08 207,198,936 9.76631 514,573,658 9.86453 42 06/25/08 07/25/08 0 0.00000 43 07/25/08 08/25/08 207,198,936 9.76512 454,218,459 9.86252 44 08/25/08 09/25/08 207,198,936 9.76438 425,208,553 9.86141 45 09/25/08 10/25/08 0 0.00000 46 10/25/08 11/25/08 203,478,254 9.83871 384,479,522 9.92373 EXHIBIT B-3 B-4 FORM OF SUBORDINATE CAP AGREEMENT 23 December 2004 TRANSACTION ToASSIGNMENT DATE: 06 January 2005 TO: Long Beach Mortgage Company c/o ATTENTION: Xxxxx Xxxxx TELEPHONE: 000-000-000-0000 FACSIMILE: 000-000-000-0000 TO: Long Beach Securities Corp. ATTENTION: Xxxxx Xxxxx TELEPHONE: 000-000-000-0000 FACSIMILE: 000-000-000-0000 TO: Deutsche Bank National Trust Company, not individually but solely as trustee Attn: Trust Administration – LB 0501 Fax: +0 Trustee (000the “Trustee”) 000-0000 Our Reference: IRG6652111.2A – Mezzanine Certificates under the Pooling and Class B Certificates The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Servicing Agreement dated 01 January 2005 among Long Beach Securities Corp., as Depositor, Long Beach Mortgage Company, a corporation organized under the laws of the State of Delawareas Master Servicer, and the Trustee on behalf of Long Beach Mortgage Loan Trust 2005-1 ATTENTION: Trust Administration LB0501 TELEPHONE: 000-000-000-0000 FACSIMILE: 000-000-000-0000 FROM: Greenwich Capital Derivatives, Inc. (“GCD”) (each a "party" and together "the parties") on the Trade Date specified below (the "Transaction"). The definitions and provisions contained in the 2000 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc. (“ISDA”)) (the “Definitions”) are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern.ATTENTION: Xxxx Xxxxx TELEPHONE: 000-000-000-0000 FACSIMILE: 000-000-000-0000 SUBJECT: Fixed Income Cap Assignment Agreement
Appears in 1 contract
Agency Role of Greenwich Capital Markets, Inc. In connection with this Agreement, Greenwich Capital Markets, Inc. has acted as agent on behalf of Party A. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Agreement. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us by facsimile transmission at (000) 000-0000 (Confirmations). If you have any questions regarding payments or resets, please contact our Customer Service/Confirmations Group at (000) 000-0000. We are happy to have completed this transaction with you. Yours sincerely, GREENWICH CAPITAL DERIVATIVES, INC. By: Greenwich Capital Markets, Inc., its agent By: ________________________ Name: Title: Accepted and confirmed as of the date first above written: Long Beach Mortgage Company By: ________________________ Name: Xxxxx Xxxxx Jxxxxxx X Xxxxxxxx Title: First Vice President For use with Reference Number IRG6652106.2A.2B C012004002 (all dates subject to adjustment in accordance with the Modified Following Business Day Convention). Schedule A Calculation Period From and Including To but Excluding Notional Amount ($) Cap Rate (%) 1 01/06/05 02/25/05 894,526,000 3.80463 5-Feb-04 25-Mar-04 $4,410,020,000 3.96945 2 02/25/05 03/25/05 865,904,597 6.79389 25-Mar-04 26-Apr-04 4,310,724,851 6.27377 3 03/25/05 04/25/05 837,949,542 6.13634 26-Apr-04 25-May-04 4,211,641,601 6.48373 4 04/25/05 05/25/05 810,642,583 6.34260 25-May-04 25-Jun-04 4,112,753,073 6.27415 5 05/25/05 06/25/05 783,966,512 6.14250 25-Jun-04 26-Jul-04 4,014,053,884 6.48352 6 06/25/05 07/25/05 757,905,108 6.34802 26-Jul-04 25-Aug-04 3,915,550,219 6.27417 7 07/25/05 08/25/05 732,441,875 6.14317 25-Aug-04 27-Sep-04 3,817,259,283 6.27400 8 08/25/05 09/25/05 707,561,579 6.14309 27-Sep-04 25-Oct-04 3,719,211,306 6.48301 9 09/25/05 10/25/05 683,249,919 6.34778 25-Oct-04 26-Nov-04 3,622,413,071 6.27503 10 10/25/05 11/25/05 659,499,782 6.14467 26-Nov-04 27-Dec-04 3,528,062,944 6.48406 11 11/25/05 12/25/05 636,368,665 6.35413 27-Dec-04 25-Jan-05 3,436,100,915 6.27535 12 12/25/05 01/25/06 613,842,495 6.14990 25-Jan-05 25-Feb-05 3,346,467,121 6.27531 13 01/25/06 02/25/06 591,905,709 6.14982 25-Feb-05 25-Mar-05 3,259,102,520 6.94758 14 02/25/06 03/25/06 570,542,820 6.80864 25-Mar-05 25-Apr-05 3,173,949,707 6.27513 15 03/25/06 04/25/06 549,738,861 6.14967 25-Apr-05 25-May-05 3,090,952,746 6.48548 16 04/25/06 05/25/06 529,479,257 6.35636 25-May-05 27-Jun-05 3,010,057,561 6.27614 17 05/25/06 06/25/06 509,749,963 6.15579 27-Jun-05 25-Jul-05 2,931,210,563 6.48581 18 06/25/06 07/25/06 490,537,397 6.36175 25-Jul-05 25-Aug-05 2,854,360,125 6.27655 19 07/25/06 08/25/06 471,827,749 6.15645 25-Aug-05 26-Sep-05 2,779,455,641 6.27647 20 08/25/06 09/25/06 453,607,813 6.15637 26-Sep-05 25-Oct-05 2,706,447,890 6.51869 21 09/25/06 10/25/06 435,864,814 6.36150 25-Oct-05 25-Nov-05 2,635,303,369 6.90074 22 10/25/06 11/25/06 418,586,309 6.22162 25-Nov-05 27-Dec-05 2,566,221,986 7.13776 23 11/25/06 12/25/06 401,750,402 7.28836 27-Dec-05 25-Jan-06 2,498,885,952 6.90710 24 12/25/06 01/25/07 385,273,271 7.05387 25 01/25/07 02/25/07 369,229,189 7.05369 25-Jan-06 27-Feb-06 2,433,248,662 6.90622 26 02/25/07 03/25/07 353,606,767 7.80923 27-Mar-06 25-Apr-06 2,306,899,956 6.93606 27 03/25/07 04/25/07 338,394,977 7.05331 25-Apr-06 25-May-06 2,246,116,872 7.76325 28 04/25/07 05/25/07 323,583,080 7.35572 25-May-06 26-Jun-06 2,187,057,981 7.51872 29 05/25/07 06/25/07 309,165,743 7.94134 26-Jun-06 25-Jul-06 2,129,486,388 7.76813 30 06/25/07 07/25/07 295,190,850 8.20650 31 07/25/07 08/25/07 281,581,946 7.94232 25-Jul-06 25-Aug-06 2,073,362,802 7.51589 32 08/25/07 09/25/07 268,329,498 7.94194 25-Sep-06 25-Oct-06 1,965,314,921 7.79647 33 09/25/07 10/25/07 255,424,157 8.21663 25-Oct-06 27-Nov-06 1,913,328,933 8.16710 34 10/25/07 11/25/07 242,857,655 8.04266 27-Nov-06 26-Dec-06 1,862,807,176 8.44556 35 11/25/07 12/25/07 230,623,300 9.16908 26-Dec-06 25-Jan-07 1,813,554,221 8.17113 36 12/25/07 01/25/08 218,756,183 8.87355 37 01/25/08 02/25/08 207,198,936 8.87329 25-Jan-07 26-Feb-07 1,765,536,576 8.16867 38 02/25/08 03/25/08 207,198,936 9.48463 26-Mar-07 25-Apr-07 1,692,561,089 8.19519 39 03/25/08 04/25/08 207,198,936 8.87592 25-Apr-07 25-May-07 1,649,852,264 9.06949 40 04/25/08 05/25/08 207,198,936 9.24576 25-May-07 25-Jun-07 1,608,319,125 8.78153 41 05/25/08 06/25/08 207,198,936 9.76631 25-Jun-07 25-Jul-07 1,567,826,494 9.07088 42 06/25/08 07/25/08 0 0.00000 43 07/25/08 08/25/08 207,198,936 9.76512 44 08/25/08 09/25/08 207,198,936 9.76438 45 09/25/08 10/25/08 0 0.00000 46 10/25/08 11/25/08 203,478,254 9.83871 EXHIBIT B-3 FORM OF SUBORDINATE CAP AGREEMENT 23 December 2004 TRANSACTION To: Long Beach Mortgage Company c/o Deutsche Bank National Trust Company, as trustee Attn: Trust Administration – LB 0501 Fax: +0 (000) 00025-0000 Our Reference: IRG6652111.2A – Mezzanine Certificates and Class B Certificates The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Long Beach Mortgage Company, a corporation organized under the laws of the State of Delaware, and Greenwich Capital Derivatives, Inc. (“GCD”) (each a "party" and together "the parties") on the Trade Date specified below (the "Transaction"). The definitions and provisions contained in the 2000 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc. (“ISDA”)) (the “Definitions”) are incorporated into this Confirmation. In the event of any inconsistency between those definitions and provisions and this Confirmation, this Confirmation will govern.Jul-07 27-Aug-07 1,528,347,243 8.77502
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Certs Ser 2004-1)
