Common use of Allocation of Net Deferred Interest Clause in Contracts

Allocation of Net Deferred Interest. (a) For any Distribution Date, the Net Deferred Interest on the Mortgage Loans in a Loan Group will be allocated among the Classes of Certificates (or, with respect to the Class A-X-2 Certificates, the Class A-X-2 IO Component) pursuant to clause (c) below.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar8), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2004-Ar5), Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar6)

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Allocation of Net Deferred Interest. (a) For any Distribution Date, the Net Deferred Interest on the Mortgage Loans in a Loan Group will be allocated among the Classes of Certificates (or, with respect to the Class A-X-2 X Certificates, the Class A-X-2 X IO Component) pursuant to clause (c) below.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Indymac Indx Mortgage Loan Trust 2004-Ar7), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2005-Ar16ip), Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar10)

Allocation of Net Deferred Interest. (a) For any Distribution Date, the Net Deferred Interest on the Mortgage Loans in a Loan Group will be allocated among the Classes of Certificates (or, with respect to the Class A-X-2 Certificates, the Class A-X-2 IO Component) pursuant to clause (c) below.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Indymac MBS Inc), Pooling and Servicing Agreement (IndyMac Indx Mortgage Loan Trust 2005-Ar12)

Allocation of Net Deferred Interest. (a) For any Distribution Date, the Net Deferred Interest on the Mortgage Loans in a Loan Group will be allocated among the Classes of Certificates (or, with respect to the Class A-X-2 Certificates, the Class A-X-2 IO Component) pursuant to clause (c) below.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac INDX Mortgage Loan Trust 2004-Ar12)

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Allocation of Net Deferred Interest. (a) For any Distribution Date, the Net Deferred Interest on the Mortgage Loans in a Loan Group 2 will be allocated among the Classes of Class 2-A-1, Class 2-A-2, Class 2-A-3 and Class 2-X Certificates (or, with respect to and the Class A-X-2 Certificates, the Class A-X-2 IO Component) pursuant to clause (c) below.Group II Subordinated Certificates as follows:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwalt Inc)

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