Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 38 contracts
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff17), Trust Agreement (Sasco 2006-Bc2), Trust Agreement (Structured Asset Investment Loan Trust 2006-Bnc1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 14 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002-Bc8)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest on the Class X Certificate and any Class of Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 8 contracts
Samples: Trust Agreement (Sasco 2007-Eq1), Trust Agreement (Structured Asset Securities CORP 2007-Bc1), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days elapsed in each Accrual Period.
Appears in 8 contracts
Samples: Trust Agreement (Greenpoint Mortgage Funding Trust 2007-Ar1), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar8), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar6)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 7 contracts
Samples: Transfer and Servicing Agreement (Aegis Asset Backed Securities Corp), Transfer and Servicing Agreement (Aegis Asset Backed Securities Trust 2005-1), Transfer and Servicing Agreement (Aegis Asset Backed Securities Trust 2004-6)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on the Class X Certificates and each class of Lower Tier Interests shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Aegis Asset Backed Securities Corp), Pooling and Servicing Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5), Pooling and Servicing Agreement (Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Series 2005-5)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-360 day year and the actual number of days in each Accrual Period.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Aegis Asset Backed Sec Tr Mort Pass THR Cert Ser 2004 1), Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pas THR Cert Series 2004 2), Trust Agreement (Encore Credit Corp Mortgage Pass Through Certs Ser 2003-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Fixed Rate Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 39ex), Custodial Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-S2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Fixed Rate Certificate and any Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corporation, 2005-Gel4), Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Lower Tier Interest shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Securities Corp 2005-S2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-7)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and Class AX Certificate shall be calculated based upon a 360-day year and the actual number of days elapsed in each Accrual Period.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360-360 day year and the actual number of days in each Accrual Period.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Investment Loan Trust 2004-5)
