Common use of Initial notional balance Clause in Contracts

Initial notional balance. The Class A-IO Certificates are interest-only certificates; they will not be entitled to payments of principal. Interest will accrue on each component of the Class A-IO Certificates at a variable rate as described in the Prospectus Supplement.

Appears in 2 contracts

Samples: Underwriting Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-D), Underwriting Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-A)

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Initial notional balance. The Class A-IO Certificates are interest-only certificates; they will not be entitled to payments of principal. Interest will accrue on each component of the Class A-IO Certificates at a variable rate as described in the Prospectus Supplement.. EXHIBIT A

Appears in 2 contracts

Samples: Underwriting Agreement (Bayview Financial Mortgage Pass-Through Trust 2006-C), Underwriting Agreement (Bayview Financial Mortgage Pass-Through Trust 2007-B)

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