Common use of General Provisions with Respect to Principal and Interest Payment Clause in Contracts

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "Accredited Mortgage Loan Trust 2002-1, Asset-Backed Notes, Series 2002-1". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, the Class A-1 Notes and the Class A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 of Class A-1 Notes and $138,694,000 of Class A-2 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "Accredited “NovaStar Mortgage Loan Funding Trust 2002-1200 - , Asset-Backed Notes, Series 2002-1"200 - ”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1 A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and the Class A-2 M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 $ of Class A-1 A-1A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $138,694,000 $ of Class A-2 M-6 Notes, ,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. .] Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 20022007-1, Asset-Backed Notes, Series 20022007-1"”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two thirteen Classes, the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes and the Class A-2 M-9 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 311,472,000 of Class A-1 Notes, $57,693,000 of Class A-2 Notes, $205,650,000 of Class A-3 Notes, $67,513,000 of Class A-4 Notes, $26,211,000 of Class M-1 Notes, $19,754,000 of Class M-2 Notes, $12,152,000 of Class M-3 Notes, $10,255,000 of Class M-4 Notes, $10,255,000 of Class M-5 Notes, $9,876,000 of Class M-6 Notes, $8,736,000 of Class M-7 Notes, $8,356,000 of Class M-8 Notes and $138,694,000 7,600,000 of Class A-2 M-9 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 20022006-1, Asset-Backed Notes, Series 20022006-1"”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two thirteen Classes, the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes and the Class A-2 M-9 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 405,360,000 of Class A-1 Notes, $112,530,000 of Class A-2 Notes, $228,160,000 of Class A-3 Notes, $99,609,000 of Class A-4 Notes, $30,614,000 of Class M-1 Notes, $28,607,000 of Class M-2 Notes, $17,566,000 of Class M-3 Notes, $16,562,000 of Class M-4 Notes, $15,056,000 of Class M-5 Notes, $12,045,000 of Class M-6 Notes, $11,041,000 of Class M-7 Notes, $10,539,000 of Class M-8 Notes and $138,694,000 10,038,000 of Class A-2 M-9 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 2002-1200 - , Asset-Backed Notes, Series 2002-1"200 - ”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1 A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and the Class A-2 M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 $ of Class A-1 A-1A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $138,694,000 $ of Class A-2 M-6 Notes, ,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. .] Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "Accredited “NovaStar Mortgage Loan Trust 2002Funding Trust, Series 2006-1, Asset-Backed Notes, Series 20022006-1"”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two sixteen Classes, the Class A-1 A-1A Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class A-2D Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes, Class M-9 Notes, Class M-10 Notes and the Class A-2 M-11 Notes. The aggregate Original Class Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 767,078,000 of Class A-1 A-1A Notes, $182,000,000 of Class A-2A Notes, $91,700,000 of Class A-2B Notes, $71,400,000 of Class A-2C Notes, $32,621,000 of Class A-2D Notes, $78,300,000 of Class M-1 Notes, $21,600,000 of Class M-2 Notes, $18,900,000 of Class M-3 Notes, $18,225,000 of Class M-4 Notes, $12,825,000 of Class M-5 Notes, $10,125,000 of Class M-6 Notes, $8,775,000 of Class M-7 Notes, $7,425,000 of Class M-8 Notes, $8,775,000 of Class M-9 Notes, $6,750,000 of Class M-10 Notes and $138,694,000 6,750,000 of Class A-2 Notes, M-11 Notes except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 20022006-12, Asset-Backed Notes, Series 20022006-1"2”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two thirteen Classes, the Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes and the Class A-2 M-9 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 559,514,000 of Class A-1 Notes, $158,862,000 of Class A-2 Notes, $289,467,000 of Class A-3 Notes, $181,457,000 of Class A-4 Notes, $41,300,000 of Class M-1 Notes, $37,100,000 of Class M-2 Notes, $23,800,000 of Class M-3 Notes, $20,300,000 of Class M-4 Notes, $20,300,000 of Class M-5 Notes, $17,500,000 of Class M-6 Notes, $15,400,000 of Class M-7 Notes, $10,500,000 of Class M-8 Notes and $138,694,000 21,700,000 of Class A-2 M-9 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 20022005-1, Asset-Backed Notes, Series 20022005-1"”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two eleven Classes, the Class A-1 A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and the Class A-2 M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 300,820,000 of Class A-1 A-1A Notes, $75,200,000 of Class A-1B Notes, $152,760,000 of Class A-2A Notes, $147,400,000 of Class A-2B Notes, $77,320,000 of Class A-2C Notes, $55,030,000 of Class M-1 Notes, $30,730,000 of Class M-2 Notes, $12,840,000 of Class M-3 Notes, $12,380,000 of Class M-4 Notes, $29,350,000 of Class M-5 Notes and $138,694,000 9,630,000 of Class A-2 M-6 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 20022005-12, Asset-Backed Notes, Series 20022005-1"2”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two eleven Classes, the Class A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes, Class M-9 Notes, Class M-10 Notes and the Class A-2 M-11 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 187,263,000 of Class A-1 Notes, $287,445,000 of Class A-2A Notes, $294,222,000 of Class A-2B Notes, $71,582,000 of Class A-2C Notes, $32,250,000 of Class M-1 Notes, $28,722,000 of Class M-2 Notes, $18,141,000 of Class M-3 Notes, $16,629,000 of Class M-4 Notes, $15,621,000 of Class M-5 Notes, $12,598,000 of Class M-6 Notes, $11,085,000 of Class M-7 Notes, $8,063,000 of Class M-8 Notes, $10,078,000 of Class M-9 Notes, $6,047,000 of Class M-10 Notes and $138,694,000 8,062,000 of Class A-2 M-11 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the "“Accredited Mortgage Loan Trust 20022004-14, Asset-Backed Notes, Series 20022004-1"4”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two twelve Classes, the Class A-1 A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class A-2D Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and the Class A-2 M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $68,704,000 309,736,000 of Class A-1 A-1A Notes, $77,435,000 of Class A-1B Notes, $62,279,000 of Class A-2A Notes, $60,417,000 of Class A-2B Notes, $30,406,000 of Class A-2C Notes, $322,076,000 of Class A-2D Notes, $64,925,000 of Class M-1 Notes, $50,788,000 of Class M-2 Notes, $13,613,000 of Class M-3 Notes, $10,996,000 of Class M-4 Notes, $10,471,000 of Class M-5 Notes and $138,694,000 12,043,000 of Class A-2 M-6 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. All computations of interest accrued on any Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period. All computations of interest accrued on any Class M-6 Note shall be made on the basis of a year of 360 days comprised of twelve 30-day months. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.