Common use of Determination of Scheduled Payments Clause in Contracts

Determination of Scheduled Payments. Scheduled payments due on any Contract shall be determined without giving effect to any adjustments required by reason of the bankruptcy of the related Obligor or any similar proceeding or moratorium or any waiver, extension or grace period. [End of Article I]

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Vanderbilt Mortgage & Finance Inc), Pooling and Servicing Agreement (Vanderbilt Mort & Fi Inc Man Ho Co Se Su Pas Th Ce Se 2000a), Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Senior Sub Pas THR Cert Ser 2002-C)

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Determination of Scheduled Payments. Scheduled payments ----------------------------------- due on any Contract shall be determined without giving effect to any adjustments required by reason of the bankruptcy of the related Obligor or any similar proceeding or moratorium or any waiver, extension or grace period. [(End of Article I])

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Man Ho Co Se Su Pa Th Ce Se 1998a), Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Pass Throu Cert Ser 1998b)

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Determination of Scheduled Payments. Scheduled payments due ----------------------------------- on any Contract shall be determined without giving effect to any adjustments required by reason of the bankruptcy of the related Obligor or any similar proceeding or moratorium or any waiver, extension or grace period. [End of Article I]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Sen Sub Pass THR Cert Ser 2000-D)

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