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 (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Trust Agreement (Sasco 2007-Eq1), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf2)
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 interest, if any, on the Class X Certificate Certificates and any Class each class of Lower Tier Interest 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 2005-4)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest on the Class AIO and Class X Certificate Certificates and any Class of Lower each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 4 contracts
Samples: Trust Agreement (Lehman XS Trust 2007-14h), Trust Agreement (Lehman XS Trust 2006-20), Trust Agreement (Lehman XS Trust 2007-11)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pass THR Certs Ser 2003-2), Pooling and Servicing Agreement (Aegis Asset Backed Securities Corp), Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pas THR Certs Series 2003 3)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 3 contracts
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2004-Ff7), Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Amortizing Residential Collateral Trust, Series 2004-1)
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. Accrued interest Interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B Note shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Transfer and Servicing Agreement (Structured Asset Securities Corp), Transfer and Servicing Agreement (Structured Asset Securities Corp)
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 interest, if any, on the Class X Certificate Certificates and on any Class of Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months, and each Accrual Period shall be deemed to have 30 days.
Appears in 3 contracts
Samples: Trust Agreement (BNC Mortgage Loan Trust 2007-1), Trust Agreement (BNC Mortgage Loan Trust 2007-2), Trust Agreement (BNC Mortgage Loan Trust 2007-3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, 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 Certificates and any Class of Lower each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 3 contracts
Samples: Trust Agreement (Lehman XS Trust 2006-19), Trust Agreement (Lehman XS Trust 2006-9), Trust Agreement (LXS 2006-7)
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 interest, if any, on the Class X any Fixed Rate 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 3 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-S2), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 39ex), Trust Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO and Class B Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc13), Trust Agreement (Structured Asset Securities Corp)
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 interest, if any, on the Class X any Fixed Rate 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 2 contracts
Samples: Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc1), Trust Agreement (Structured Asset Securities Corporation, 2005-Gel4)
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 interest, if any, on the Class X any Fixed Rate Certificate and any Class of Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months, and each Accrual Period shall be deemed to have 30 days.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corp. 2005 S-3), Trust Agreement (Structured Asset Securities Corp 2005-S5)
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 interest, if any, 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 2 contracts
Samples: Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel2), Trust Agreement (Structured Asset Securities Corp. 2005-Rms1)
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. Accrued interest interest, if any, on the any Class X A-IO and Class B Certificate and any Class of each 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 Corp), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-S2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest on the Group 2 Senior Certificates (other than the Class 2-A1 Certificates), Class X Certificate Certificates and any Class of Lower each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate or LIBOR Component shall be calculated based upon a 360-360 day year and the actual number of days in each Accrual Period. Accrued interest Interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO Certificates shall be calculated based upon a 360-360 day year consisting of twelve 30-30 day months.
Appears in 1 contract
Samples: Trust Agreement (Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest M10-F Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day monthsmonths in each Accrual Period.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-6)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO, Class M4-F and Class B Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2003-Bc2)
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. Accrued interest interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)
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 interest, if any, on any Component of the Class X Certificate and any Class of Lower Tier Interest A-IO Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Aames Mortgage Tr Mort Pas Thru Cert Sers 2003-1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO and Class A-SIO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc7)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B1 and Class B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest on the Group 2 Senior Certificates and the Class X Certificate Certificates and any Class of Lower each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
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-day year and the actual number of days in each Accrual Period. Accrued interest interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Finance America Mortgage Loan Trust 2004-1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO and Class B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mor Pas THR Ce Se 2003-Bc12)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest on the Group 3 Senior Certificates (other than the Class 3-A1A Certificates), Class X Certificate Certificates and any Class of Lower each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 1 contract
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 interest, if any, or any Class of Lower Tier Interest B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-8)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
ARTICLE I DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES
Appears in 1 contract
Samples: Trust Agreement (Amoritizing Residential Col Tr Mor Pas Thru Cer Ser 2002-Bc6)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A3 and Class A-IO Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc11)
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 interest, if any, on the Class X Certificate and any Class of each Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp 2005-S1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A3, Class A-IO and Class B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Inv Loan Tr Mort Pass-THR Cert Ser 2004-1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day monthsmonths in each Accrual Period.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corporation, 2005 OPT-1)
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. Accrued interest interest, if any, on the Class X Certificate and any Class of Lower Tier Interest 1-A2 or Class 3-A2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004 2)
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. Accrued interest interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B1 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-Bnc1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-9)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest M9 or Class B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust Series 2004-11)
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. Accrued interest interest, if any, on any Component of the Class X A3 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 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan 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 interest, if any, on any Fixed Rate Certificate, the Class X Certificate Certificates and on any Class of Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months, and each Accrual Period shall be deemed to have 30 days.
Appears in 1 contract
Samples: Trust Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)
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. Accrued interest interest, if any, on the Class X Certificate and any Class of Lower Tier Interest AX Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
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 interest, if any, on the Class X Certificate B Certificates and any Class of Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel3)
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 interest, if any, on the Class X Certificate A-IO and any Class of Lower Tier Interest A3 Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-FFB)
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 interest, if any, on the any Class X A-IO, Class M8, Class M9 and Class B Certificate and any Class of each Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp 2004-S3)
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 interest, if any, on the any Class X B1, Class B2 and Class B3 Certificate and any Class of each Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
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 interest, if any, on the Class X any Fixed Rate 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 1 contract
Samples: Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel1)
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 interest, if any, on the Class X Certificate and any Class of Lower Tier Interest A-IO or Class B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2003-FFB)
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. Accrued interest interest, if any, on the Class X Certificate and any Class of Lower Tier Interest B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-4)
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. Accrued interest interest, if any, on the Class X 3-AX or Class 4-AX 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 1 contract
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 interest, if any, on the Class X Certificate A-IO Certificates, Class B Certificates and any Component of the Class of Lower Tier Interest A3 Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004-3)
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 interest, if any, on the A2-2 Component of the Class X A2 Certificate and any or Class of Lower Tier Interest B3 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Securities Corp)
