Disclaimer Regarding Calculation or Adjustment of Interest on any Asset Sample Clauses

Disclaimer Regarding Calculation or Adjustment of Interest on any Asset. Without limiting the generality of Section 5.1, the Transferor makes no warranties or representations of any kind or nature as to the accuracy of any calculation or adjustment of interest on any Loan, including any adjustable rate Loan, whether such calculation or adjustment is made by the FDIC, the Failed Bank, the Transferor or any Affiliate, agent or contractor of any of the foregoing, or any predecessor-in-interest of the Transferor or any other party.
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Related to Disclaimer Regarding Calculation or Adjustment of Interest on any Asset

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

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