Common use of Calculations Respecting Accrued Interest Clause in Contracts

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 (Sasco 2006-Bc3), Trust Agreement (Structured Asset Investment Loan Trust 2006-Bnc1), Pooling and Servicing Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-3)

AutoNDA by SimpleDocs

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 13 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc10), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc9)

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 (Lehman XS Trust Series 2006-12n), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar5), Trust Agreement (Greenpoint Mortgage Funding Trust 2007-Ar2)

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 360-360 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), Trust Agreement (Encore Credit Corp Mortgage Pass Through Certs Ser 2003-1), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf1)

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: Trust Agreement (Structured Asset Investment Loan Trust 2004-5)

AutoNDA by SimpleDocs

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

Samples: Trust Agreement (Lehman XS Trust Series 2007-7n)

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 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: Trust Agreement (Structured Asset Securities Corp 2005-S2)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!