Fixed Rate Payer. Party B. Fixed Rate Payer Payment Date: Each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusive. Fixed Rate Payer Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No Adjustment. Fixed Rate: 3.012% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Floating Rate Payer: Party A. Floating Rate Payer Payment Dates: Two Business Days prior to each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusive. Floating Rate Payer Calculation Period: In the case of the initial Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: Inapplicable. Floating Rate Option: USD-LIBOR-BBA. Designated Maturity: One month. Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Reset Dates: The first day of each Floating Rate Payer Calculation Period.
Appears in 2 contracts
Samples: Master Agreement (Caterpillar Financial Funding Corp), Master Agreement (Caterpillar Financial Asset Trust 2008-A)
Fixed Rate Payer. Party B. Counterparty Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 June 25, 2006, and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Calculation PeriodPayment Dates: In the case of the initial Fixed Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each shall be applicable. The Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such shall be one Business Day prior to each Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.10000% Fixed Amount: To be determined in accordance with the following Formula: 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 June 25, 2006, and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Floating Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each shall be applicable. The Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such shall be one Business Day prior to each Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occursPeriod End Date. Floating Rate for Initial initial Calculation Period: 2.88125% Spread: InapplicableTo be determined. Floating Rate Option: USD-LIBOR-BBA. BBA Floating Amount: To be determined in accordance with the following Formula: 250*Floating Rate Option*Notional Amount*Floating Rate Day Count Fraction Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Compounding: Inapplicable Business Days: New York Business Day Convention: Modified Following
Appears in 1 contract
Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Fre2)
Fixed Rate Payer. Party B. B Fixed Rate Payer Period End Dates: The 25th day of each month of each year, commencing on August 25, 2007 to and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Fixed Rate Payer Payment DateDates: Each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination DateEarly Payment, inclusive. Fixed Rate Payer Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for one (1) Business Day preceding each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.012% See Amortization Schedule, Schedule A Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Actual/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Period End Dates: The 25th day of each month of each year, commencing on August 25, 2007 to and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Two Early Payment, one (1) Business Days prior to each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusive. Floating Rate Payer Calculation Period: In the case of the initial Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for Day preceding each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: InapplicablePeriod End Date. Floating Rate Option: USD-LIBOR-BBA. BBA Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Day: Any day other than (i) a Saturday or a Sunday, or (ii) a day on which banking institutions in (1) the city in which the Corporate Trust Office of Party B is located or (2) the States of New York, Colorado or Illinois are closed. Floating Rate Payer Calculation PeriodUpfront Payment: USD 730,000; Party A shall pay Xxxxxx Brothers Holdings Inc (for the benefit of Party B) the Floating Rate Payer Upfront Payment on or prior to June 29, 2007. This Floating Rate Payer Upfront Payment and the payment due on the same date under confirmation Ref No.1618506 (each between Party A and Party B) is reflected in the net amount of USD 617,000 payable to Xxxxxx Brothers Holdings Inc. (for the benefit of Party B) on the same date as reflected herein.
Appears in 1 contract
Samples: Lehman XS Trust Series 2007-12n
Fixed Rate Payer. Party B. Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 September 25, 2005 and ending on the Termination Date, inclusive. Fixed Rate Payer Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; with No Adjustment. Fixed Rate: 3.0124.57% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September 25, 2005 and ending on the Termination Date subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Two Business Days prior Early Payment shall be applicable. Subject to each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination DatePayment Netting Provision, inclusive. Floating Rate Payer Calculation Period: In the case of the initial Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each Floating Rate Payer Payment Date thereaftershall be one Business Day preceding the related Floating Rate Payer Period End Date. Payment Netting Provision: For purposes of Section 2(c) of the Master Agreement, any amount payable by the period from and including Fixed Rate Payer on any Fixed Rate Payer Payment Date (each, a “Relevant Fixed Rate Payer Payment Date”) shall be netted against any amount payable by the Distribution Date in the calendar month preceding such Floating Rate Payer on any Floating Rate Payer Payment Date to, but excluding, that relates to the Distribution Floating Rate Payer Calculation Period that has the same Period End Date in as the month in Period End Date for the Fixed Rate Payer Calculation Period to which such the Relevant Fixed Rate Payer Payment Date relates even though the Relevant Fixed Rate Payer Payment Date and its related Floating Rate Payer Payment Date occurs. may be different dates, and the party with the larger payable amount shall, on such party’s Payment Date, make a payment to the other party in an amount equal to the net difference between the two payable amounts Floating Rate for Initial initial Calculation Period: 2.88125% Spread: Inapplicable. To be determined Floating Rate Option: USD-LIBOR-BBA. BBA Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation PeriodPeriod Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: BSFP, subject to Part 4(e) of the Schedule to the Master Agreement.
Appears in 1 contract
Fixed Rate Payer. Party B. B Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 25, 2007 and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for : Early Payment shall be applicable. One Business Day prior to each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.06500% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 25, 2007 and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Floating Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for shall be applicable. One Business Day prior to each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occursPeriod End Date. Floating Rate for Initial initial Calculation Period: 2.88125% Spread: InapplicableTo be determined using Linear Interpolation by reference to a Designated Maturity of 1 week and a Designated Maturity of 1 month. Floating Rate Option: USD-LIBOR-BBA. BBA Designated Maturity: One month. month Floating Rate Day Reference Number: FXNSC9506 HSBC Bank USA, National Association, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the SunTrust Acquisition Closed-End Seconds Trust, Series 0000-0, Xxxxx Backed Pass-Through Certificates May 14, 2007 Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A
Appears in 1 contract
Samples: Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1)
Fixed Rate Payer. Party B. Fixed Rate Payer Payment DateDates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 July 25, 2007 and ending on the Termination Date, inclusive. Fixed Rate Payer Calculation Period: In subject to adjustment in accordance with the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentBusiness Day Convention. Fixed Rate: 3.0125.30300% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction. Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 July 25, 2007 and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Floating Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each shall be applicable. The Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month shall be two Business Days preceding such each Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occursPeriod End Date. Floating Rate for Initial initial Calculation Period: 2.88125% Spread: InapplicableTo be determined. Floating Rate Option: USD-LIBOR-BBABBA Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Compounding: Inapplicable Business Days: New York Business Day Convention: Following
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ahl3)
Fixed Rate Payer. Party B. Counterparty Fixed Rate Payer Period End Dates: The 25th of each month in each year from (and including) March 25, 2006 to (and including) the Termination Date, with No Adjustment Reference Number: FXNHEL6H1 Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1 March 9, 2006 Fixed Rate Payer Payment DateDates: Each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusiveEarly Payment shall be applicable. Fixed Rate Payer For each Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, shall be the period from and including first Business Day prior to the 25th day of the calendar month preceding such related Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.152% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month in each year from (and including) March 25, 2006 to (and including) the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Two Business Days prior to Early Payment shall be applicable. For each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusive. Floating Rate Payer Calculation Period: In the case of the initial Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each Floating Rate Payer Payment Date thereafter, shall be the period from and including first Business Day prior to the Distribution Date in the calendar month preceding such related Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: InapplicablePeriod End Date. Floating Rate Option: USD-LIBOR-BBA. BBA Designated Maturity: One month. , except with respect to the initial Calculation Period for which the Designated Maturity shall be the Linear Interpolation of the two weeks and the one month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.Period Compounding: Inapplicable Business Day Convention: Following Business Days: New York Calculation Agent: BSFP Reference Number: FXNHEL6H1 Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-HE1 March 9, 2006
Appears in 1 contract
Fixed Rate Payer. Party B. B Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 September 25, 2007 and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for : Early Payment shall be applicable. The Fixed Rate Payer Payment Dates shall be one Business Day prior to each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0124.74250% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 September 25, 2007 and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Early Payment shall be applicable. The Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for Dates shall be one Business Day prior to each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occursPeriod End Date. Floating Rate for Initial initial Calculation Period: 2.88125% Spread: InapplicableTo be determined. Floating Rate Option: USD-LIBOR-BBA. BBA Reference Number: FXNEC9317 HSBC Bank USA, National Association, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the supplemental interest trust with respect to the ACE Securities Corp. Home Equity Loan Trust, Series 2007-ASAP1, Asset Backed Pass Through Certificates March 15, 2007 Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A
Appears in 1 contract
Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Asap1)
Fixed Rate Payer. Party B. Counterparty Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May October 25, 2008 and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Calculation PeriodPayment Dates: In the case of the initial Fixed Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each shall be applicable. The Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month shall be two Business Days preceding such each Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.15000% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction. Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May October 25, 2008 and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Floating Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each shall be applicable. The Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month shall be two Business Days preceding such each Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occursPeriod End Date. Floating Rate for Initial initial Calculation Period: 2.88125% Spread: InapplicableTo be determined. Floating Rate Option: USD-LIBOR-BBA; provided however, that for purposes of this Transaction, Section 7.1(w)(xvii) and (xx) of the Definitions are hereby amended by deleting all references to “two London Banking Days” and replacing such clause with “two London and New York Banking Days”. Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Amount: In connection with entering into this Transaction ^USD 1,500 is payable by BSFP to Counterparty on September 28, 2006.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Nc2)
Fixed Rate Payer. Party B. Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 September 25, 2005 and ending on the Termination Date, inclusive. Fixed Rate Payer Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; with No Adjustment. Fixed Rate: 3.0124.835% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September 25, 2005 and ending on the Termination Date subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Two Business Days prior Early Payment shall be applicable. Subject to each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination DatePayment Netting Provision, inclusive. Floating Rate Payer Calculation Period: In the case of the initial Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each Floating Rate Payer Payment Date thereaftershall be one Business Day preceding the related Floating Rate Payer Period End Date. Payment Netting Provision: For purposes of Section 2(c) of the Agreement, any amount payable by the period from and including Fixed Rate Payer on any Fixed Rate Payer Payment Date (each, a “Relevant Fixed Rate Payer Payment Date”) shall be netted against any amount payable by the Distribution Date in the calendar month preceding such Floating Rate Payer on any Floating Rate Payer Payment Date to, but excluding, that relates to the Distribution Floating Rate Payer Calculation Period that has the same Period End Date in as the month in Period End Date for the Fixed Rate Payer Calculation Period to which such the Relevant Fixed Rate Payer Payment Date relates even though the Relevant Fixed Rate Payer Payment Date and its related Floating Rate Payer Payment Date occurs. may be different dates, and the party with the larger payable amount shall, on such party’s Payment Date, make a payment to the other party in an amount equal to the net difference between the two payable amounts Floating Rate for Initial initial Calculation Period: 2.88125% Spread: Inapplicable. To be determined Floating Rate Option: USD-LIBOR-BBA. BBA Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation PeriodPeriod Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: BSFP, subject to Part 4(e) of the Schedule to the Master Agreement.
Appears in 1 contract
Fixed Rate Payer. Party B. B Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 February 25, 2008, and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Calculation PeriodPayment Dates: In the case of the initial Fixed Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each shall be applicable. The Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month shall be one (1) Business Day preceding such each Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.700% Fixed Amount: To be determined in accordance with the following formula: Scale Factor * Notional Amount * Fixed Rate * Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 February 25, 2008, and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Floating Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each shall be applicable. The Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month shall be one (1) Business Day preceding such each Floating Rate Payer Payment Date to, but excluding, Period End Date. Floating Amount: To be determined in accordance with the Distribution Date in the month in which such following formula: Scale Factor * Notional Amount * Floating Rate Payer Payment Date occurs. Option * Floating Rate for Initial Calculation Period: 2.88125% Spread: Inapplicable. Day Count Fraction Floating Rate Option: USD-LIBOR-BBA. BBA Scale Factor: 250 Designated Maturity: One month. month Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Payment: Party A shall pay USD 1,980,500.00 to Party B on July 10, 2007
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3)
Fixed Rate Payer. Party B. Fixed Rate Payer Payment DateDates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 25, 2008, and ending on the Termination Date, inclusive. Fixed Rate Payer Calculation Period: In subject to adjustment in accordance with the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentFollowing Business Day Convention. Fixed Rate: 3.0124.95% Fixed Amount: To be determined in accordance with the following formula: Scale Factor*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Actual/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 25, 2008, and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In The 24th calendar day of each month during the case Term of the initial Floating Rate Payer Payment Datethis Transaction, the period from, and including, April 29, 2008 to, but excluding, commencing May 2724, 2008, and for each Floating Rate Payer Payment Date thereafterending on the Termination Date, subject to adjustment in accordance with the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: InapplicablePreceding Business Day Convention. Floating Rate Option: USD-LIBOR-BBA. BBA Floating Amount: To be determined in accordance with the following formula: Scale Factor*Floating Rate Option*Notional Amount*Floating Rate Day Count Fraction Designated Maturity: One month. month Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Scale Factor 250 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Compounding: Inapplicable Business Days: New York and Los Angeles Calculation Agent: Party A Upfront Payment: USD 1,240,000 to be paid by Party B to Party A on May 30, 2007.
Appears in 1 contract
Samples: Isda Master Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx4)
Fixed Rate Payer. Party B. B Fixed Rate Payer Period End Dates: The 19th day of each month of each year commencing June 19, 2008, through and including the Termination Date, subject to no adjustment. Fixed Rate Payer Payment Date: Each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusiveEarly Payment shall be applicable. Fixed Rate Payer Calculation Period: In the case of the initial The Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for Dates shall be one (1) Business Day prior to each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.96% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Period End Dates: The 19th day of each month of each year commencing June 19, 2008, through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Two Business Days prior to each Distribution Date commencing with the Distribution Date occurring in May 2008 and ending on the Termination Date, inclusiveEarly Payment shall be applicable. Floating Rate Payer Calculation Period: In the case of the initial The Floating Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for Dates shall be one (1) Business Day prior to each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: InapplicablePeriod End Date. Floating Rate Option: USD-LIBOR-BBA. Designated Maturity: One monthmonth Additional Floating Amount: USD 8,153,000, to be paid by Party A on July 12, 2007. For convenience of the parties, the parties agree that the Additional Floating Amount will be netted with the Fixed Amount due under the cap confirmation (reference number IRG16335150.2A/2B). Spread: N/A Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first First day of each Floating Calculation Period Business Days for payment: New York Calculation Agent: Party A Account for payments to Party A: For the account of: The Royal Bank of Scotland Financial Markets Fixed Income and Interest Rate Payer Calculation Period.Derivative Operations London SWIFT XXXXXX0XXXX with JPMorgan Chase Bank New York XXXXXX00 XXX # 000000000 Account Number 400930153 Account for payments to Party B: Xxxxx Fargo Bank, NA San Francisco, CA ABA# 000-000-000 Acct# 0000000000 Acct Name: SAS Clearing FFC: 53165802 Harborview 2007-5 4 Offices: The Office of Party A for this Transaction is: London The Office of Party B for this Transaction is: Columbia, Maryland 5 Agency Role of Greenwich Capital Markets, Inc. This Transaction has been entered into by Greenwich Capital Markets, Inc., as agent for The Royal Bank of Scotland plc. Greenwich Capital Markets, Inc. has not guaranteed and is not otherwise responsible for the obligations of Party A under this Transaction. Please promptly confirm that the foregoing correctly sets forth the terms of the Transaction entered into between us by executing this Confirmation and returning it to us by facsimile to: RBS Financial Markets Xxxxx 0 000 Xxxxxxxxxxx Xxxxxx, XX0X 0XX Attention: Swaps Administration Fax: 000 0000 0000 Phone: 000 0000 0000 THE ROYAL BANK OF SCOTLAND PLC By: Greenwich Capital Markets, Inc., its agent By/s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Vice President Accepted and confirmed as of the Trade Date written above:
Appears in 1 contract
Samples: Master Agreement (HarborView 2007-5)
Fixed Rate Payer. Party B. Fixed Rate Payer Payment DateDates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 December 25, 2007, and ending on the Termination Date, inclusive. Fixed Rate Payer Calculation Period: In subject to adjustment in accordance with the case of the initial Fixed Rate Payer Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentBusiness Day Convention. Fixed Rate: 3.0125.200000% Fixed Amount: To be determined in accordance with the following formula: 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. A Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 December 25, 2007, and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In The 25th calendar day of each month during the case Term of this Transaction, commencing December 25, 2007, and ending on the initial Floating Rate Payer Payment Termination Date, subject to adjustment in accordance with the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: InapplicableBusiness Day Convention. Floating Rate Option: USD-LIBOR-BBA. BBA Floating Amount: To be determined in accordance with the following formula: 250*Floating Rate Option*Notional Amount*Floating Rate Day Count Fraction Designated Maturity: One month. month Floating Rate Day Count Fraction: For each Actual/360 Additional Floating Rate Payer Calculation PeriodAmount: USD 2,600,000, Actual/360to be paid by Party A on the Effective Date. Party B hereby instructs Party A to pay the Additional Floating Amount to Greenwich Capital Financial Products, Inc. The Parties agree, for convenience and ease of administration, the payment of the Additional Floating Amount will be netted with the payment of the Fixed Amounts in the confirmations between the Parties with reference numbers IRG16221895.2A/.2B and IRG16221898.2A/.2B. Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Business Days: New York Business Day Convention: Following Calculation Agent: Party A
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Ns1)
Fixed Rate Payer. Party B. B Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 September 25, 2007, and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Initial Calculation Period: In the case of the initial Fixed Rate Payer Payment Date, the period from, From and including, April 29, 2008 to, but excluding, May including August 25, 20082007, and for each to but excluding September 25, 2007 Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No Adjustment. Fixed Rate: 3.012% Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Floating Rate Payer: Party A. Floating Rate Payer Payment Dates: Two Early Payment - One Business Days prior to Day preceding the 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 September 25, 2007, and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Fixed Rate: 5.200% Fixed Amount: To be determined in accordance with the following formula: 250*Fixed Rate*Notional Amount*Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: 30/360 Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing September 25, 2007, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In Early Payment - One Business Day preceding the case 25th calendar day of each month during the initial Floating Rate Payer Payment Term of this Transaction, commencing September 25, 2007, and ending on the Termination Date, subject to adjustment in accordance with the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occurs. Floating Rate for Initial Calculation Period: 2.88125% Spread: InapplicableBusiness Day Convention. Floating Rate Option: USD-LIBOR-BBA. BBA Floating Amount: To be determined in accordance with the following formula: 250*Floating Rate Option*Notional Amount*Floating Rate Day Count Fraction Designated Maturity: One month. month Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period.. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A
Appears in 1 contract
Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff16)
Fixed Rate Payer. Party B. Counterparty Fixed Rate Payer Payment DatePeriod End Dates: Each Distribution Date The 25th calendar day of each month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 October 25, 2008, and ending on the Termination Date, inclusivewith No Adjustment. Fixed Rate Payer Calculation PeriodPayment Dates: In the case of the initial Fixed Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 25, 2008, and for each shall be applicable. The Fixed Rate Payer Payment Date thereafter, the period from and including the 25th day of the calendar month preceding such shall be two Business Days prior to each Fixed Rate Payer Payment Date to, but excluding, the 25th day of the month in which such Fixed Rate Payer Payment Date occurs; No AdjustmentPeriod End Date. Fixed Rate: 3.0125.15000% Fixed Amount: To be determined in accordance with the following formula: 250 * Fixed Rate * Notional Amount * Fixed Rate Day Count Fraction Fixed Rate Day Count Fraction: For each Fixed Rate Payer Calculation Period, 30/360 Floating Amounts Amounts: Floating Rate Payer: Party A. BSFP Floating Rate Payer Payment Period End Dates: Two Business Days prior to The 25th calendar day of each Distribution Date month during the Term of this Transaction, commencing with the Distribution Date occurring in May 2008 October 25, 2008, and ending on the Termination Date, inclusivesubject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Calculation PeriodPayment Dates: In the case of the initial Floating Rate Payer Early Payment Date, the period from, and including, April 29, 2008 to, but excluding, May 27, 2008, and for each shall be applicable. The Floating Rate Payer Payment Date thereafter, the period from and including the Distribution Date in the calendar month preceding such shall be two Business Days prior to each Floating Rate Payer Payment Date to, but excluding, the Distribution Date in the month in which such Floating Rate Payer Payment Date occursPeriod End Date. Floating Rate for Initial initial Calculation Period: 2.88125% Spread: InapplicableTo be determined. Floating Rate Option: USD-LIBOR-BBA; provided however, that for purposes of this Transaction, Section 7.1(w)(xvii) and (xx) of the Definitions are hereby amended by deleting all references to “two London Banking Days” and replacing such clause with “two London and New York Banking Days”. Floating Amount: To be determined in accordance with the following formula: 250 * Floating Rate Option * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month. month Spread: None Floating Rate Day Count Fraction: For each Floating Rate Payer Calculation Period, Actual/360. Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Additional Amount: Inapplicable. Additional Amount has been paid under the Old Transaction.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Nc2)