Calculations Respecting Mortgage Loans Underlying Agency Securities. (a) In connection with all calculations required to be made pursuant to this Agreement with respect to Agency Security Distributions on any Agency Security, and any payment on the underlying Agency Securities or any payments on any other assets included in the Trust Fund, the rules set forth in this Section 1.02 shall be applied except to the extent expressly supplemented or modified herein.
Appears in 2 contracts
Samples: Trust Agreement (GNMAG Asset Backed Securitizations, LLC), Trust Agreement (GNMAG Asset Backed Securitizations, LLC)
Calculations Respecting Mortgage Loans Underlying Agency Securities. (a) In connection with all calculations required to be made pursuant to this Agreement with respect to Agency Security Distributions on any Agency Security, and any payment on the underlying Agency Securities mortgage loans or any payments on any other assets included in the Trust Fund, and with respect to the income that can be earned from the reinvestment of Agency Security Distributions and of any other amounts receivable for deposit in a Trust Account, the rules set forth in this Section 1.02 shall be applied except to the extent expressly supplemented or modified herein.
Appears in 2 contracts
Samples: Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC), Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)
