Common use of Effect of Final Payment Date Clause in Contracts

Effect of Final Payment Date. The actual final payment on a PC may occur prior to the Payment Date specified in Section 3.09(a)(ii) due to prepayments of principal, including prepayments made in connection with the repurchase of any Mortgage from the related PC Pool.

Appears in 48 contracts

Samples: Pc Master Trust Agreement, Master Trust Agreement (Federal Home Loan Mortgage Corp), Pc Master Trust Agreement

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Effect of Final Payment Date. The actual final payment on a PC may occur prior to the Payment Date specified in Section 3.09(a)(ii) due to prepayments of principal, including prepayments made in connection with the repurchase of any Mortgage from the related PC PoolMortgage.

Appears in 2 contracts

Samples: Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement

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