Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note 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 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 5 contracts
Samples: Custodial Agreement (NYMT Securities CORP), Custodial Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Fieldstone Mortgage Investment Trust, Series 2004-5)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note 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 M10 and Class M11 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Fieldstone Mortgage Investment Trust, Series 2006-2)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note 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 Notes or Class B1F Note shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Structured Asset Securities Corp), Transfer and Servicing Agreement (Structured Asset Securities Corp)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note 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 M10 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note 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 Notes or Class M10 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Servicing Agreement (Fieldstone Mortgage Investment CORP)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note 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 M10, Class M11, Class M12 and Class M13 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note Security 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 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Asset Backed Sec Corp Fieldstone Mort Inv Tr Ser 2004-2)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note Security shall be calculated based upon a 360-360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Merrill Lynch Mort Inv Fieldstone Mort Inv Tr Ser 2004-1)
