Calculations Respecting Accrued Interest. Accrued interest, if any, on the LIBOR 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 Certificates and 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 2006-20), Trust Agreement (LXS 2007-8h), Trust Agreement (Lehman XS Trust 2007-14h)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and Class X Certificates and each LowerA-Tier Interest 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 Pas THR Certs Series 2003 3), Pooling and Servicing Agreement (Aegis Asset Backed Securities Corp), Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pass THR Certs Ser 2003-2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 any Class AIO and Class X Certificates and each 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), Custodial Agreement (Amortizing Residential Collateral Trust, Series 2004-1), Custodial Agreement (Structured Asset Securities Corp)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and Class X Certificates and each Lower-on any 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 2007-2), Trust Agreement (BNC Mortgage Loan Trust 2007-3), Trust Agreement (BNC Mortgage Loan Trust 2007-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the LIBOR 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 Certificates and 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 the any LIBOR Certificates, 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 any Class AIO and Class X Certificates and each 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: Custodial Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Structured Asset Securities Corp)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the LIBOR 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 I-AIO, Class II-AIO, Class II-A2, Class I-X and Class II-X Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Custodial Agreement (Lehman XS Trust 2007-10h), Custodial Agreement (Lehman XS Trust 2007-10h)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO A-IO and Class X B Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Servicing Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc13)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and on each Upper Tier Interest other than the LIBOR CertificatesClass B-PO, Class B-IO, and Class R Interests 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 Class A-IO Certificate, the Class AIO B2 Certificates, all of the Lower Tier Interests, and the Class X Certificates and each LowerB-Tier IO Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002 Bc4), Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and Class X Certificates and each Lower-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 Corp. 2005-Rms1), Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO any Fixed Rate Certificate and Class X Certificates and each Lower-any 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 the any LIBOR Certificates, 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 AIO A-IO and Class X Certificates B Certificate and each Lower-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 the any LIBOR Certificates, 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 AIO and A-IO Certificates, Class X B Certificates and each Lower-Tier Interest any Component of the Class 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 the any LIBOR Certificates, 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 AIO and Class X B Certificates and each Lower-Tier Interest 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 the LIBOR 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 AIO and 3-A1A Certificates), Class X Certificates and 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 the any LIBOR Certificates, 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 AIO and A2 Certificate or Class X Certificates and each 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)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 any Class AIO and Class X Certificates and each Lower-Tier Interest B2 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and A-IO or Class X Certificates and each 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 (First Franklin Mortgage Loan Trust 2003-FFB)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and Class X Certificates and each 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 the any LIBOR Certificates, 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 AIO A-IO, Class M4-F and Class X B Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Investment Loan Trust 2003-Bc2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 any Class AIO and Class X Certificates and each 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 the LIBOR 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 Certificates (except the Class AIO WF-1-1 and Class WF-1-2 Certificates), Class 1-AIO Certificates, Class 1-X Certificates, Class 2-X Certificates and 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 the any LIBOR Certificates, Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period. Accrued interest on the interest, if any, or any Class AIO and Class X Certificates and each 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 the LIBOR 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 Group 2 Senior Certificates and the Class X Certificates and 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 the any LIBOR Certificates, 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 AIO A3, Class A-IO and Class X Certificates and each 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 Inv Loan Tr Mort Pass-THR Cert Ser 2004-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO A-IO and Class X A3 Certificates and 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 (First Franklin Mortgage Loan Trust 2006-FFB)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and Class X B Certificates and each Lower-any 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 the any LIBOR Certificates, 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 AIO A-IO, Class M8, Class M9 and Class X Certificates B Certificate and each Lower-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 the any LIBOR Certificates, 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 AIO and Class X Certificates and each 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 the any LIBOR Certificates, 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 AIO B1 and Class X Certificates and each 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-Bc2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO and Class X Certificates and each Lower-Tier Interest A3 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Investment Loan Trust 2004-6)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO B1, Class B2 and Class X Certificates B3 Certificate and each Lower-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 the any LIBOR Certificates, 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 AIO and Class X A-IO Certificates and 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 Sec Corp Mort Pas THR Certs Ser 2003 S1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 AIO A3 and Class X A-IO Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc11)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the LIBOR 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 AIO and 2-A1 Certificates), Class X Certificates and 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 the any LIBOR Certificates, 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 AIO A-IO and Class X Certificates and each 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 Securities Corp Mor Pas THR Ce Se 2003-Bc12)
Calculations Respecting Accrued Interest. Accrued interest, if any, on the any LIBOR Certificates, 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 any Class AIO and Class X Certificates and each 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 the any LIBOR Certificates, 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 any Class AIO and 1-A2 or Class X Certificates and each Lower3-Tier Interest 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 the LIBOR 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 Certificates (except the Class WF-1 Certificates), Class I-AIO and Certificates, Class 1-X Certificates, Class WF-AIO Certificates, Class 2-X Certificates and 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 the any LIBOR Certificates, 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 AIO and Class X M10-F Certificates and each Lower-Tier Interest 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 the any LIBOR Certificates, 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 any Class AIO and Class X A-IO Certificates and each Lower-Tier Interest 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 the any LIBOR Certificates, 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 any Class AIO A-IO and Class X Certificates and each LowerA-Tier Interest 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 the any LIBOR Certificates, 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 AIO and Class X A-IO Certificates and 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 (Aames Mortgage Tr Mort Pas Thru Cert Sers 2003-1)
