Common use of Calculations With Respect to Accrued Interest Clause in Contracts

Calculations With Respect to Accrued Interest. Accrued interest, if any, on any Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.

Appears in 21 contracts

Samples: Custodial Agreement (Aames Mortgage Investment Trust 2006-1), Transfer and Servicing Agreement (Homebanc Corp), Transfer and Servicing Agreement (Homebanc Corp)

AutoNDA by SimpleDocs

Calculations With Respect to Accrued Interest. Accrued interest, if any, on any Note shall be calculated based upon a 360-day year and the actual number of days in each Interest Accrual Period.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (FBR Securitization Trust 2005-1), Transfer and Servicing Agreement (First NLC Securitization, Inc.), Transfer and Servicing Agreement (FBR Securitization, Inc.)

Calculations With Respect to Accrued Interest. Accrued interest, if any, on any Note Certificate shall be calculated based upon a 360-day year and the actual number of days in each Interest Accrual Period.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (First NLC Trust 2005-2)

Calculations With Respect to Accrued Interest. [Accrued interest, if any, on any Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period].

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (TBALT Corp.), Transfer and Servicing Agreement (HMB Acceptance Corp.)

AutoNDA by SimpleDocs

Calculations With Respect to Accrued Interest. [Accrued interest, if any, on any Note Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period].

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (TBALT Corp.), Pooling and Servicing Agreement (HMB Acceptance Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.