Common use of London Business Day Clause in Contracts

London Business Day. 18- Loss Severity Percentage............................................................-18- Marker Rate.........................................................................-18- Master Servicer.....................................................................-18- Master Servicer Collection Account..................................................-18- Master Servicer Event of Default....................................................-18- Master Servicer Fee Rate............................................................-18- Master Servicing Fee................................................................-18- Maximum II-LTZZ Uncertificated Interest Deferral Amount.............................-19- Maximum Mortgage Rate...............................................................-19- Mezzanine Certificate...............................................................-19- [______________]....................................................................-19- [______________] Fee................................................................-19- [______________] Fee Rate...........................................................-19- [______________] PMI Mortgage Loans.................................................-19- [______________] PMI Policy.........................................................-19- Minimum Mortgage Rate...............................................................-19- Monthly Payment.....................................................................-19- Moody's ...........................................................................-20- Mortgage ...........................................................................-20- Mortgage File.......................................................................-20- Mortgage Loan.......................................................................-20- Mortgage Loan Documents.............................................................-20- Mortgage Loan Purchase Agreement....................................................-20- Mortgage Loan Schedule..............................................................-20- Mortgage Note.......................................................................-22- Mortgage Rate.......................................................................-22- Mortgaged Property..................................................................-23- Mortgagor...........................................................................-23- Net Monthly Excess Cashflow.........................................................-23- Net Mortgage Rate...................................................................-23- Net WAC Pass-Through Rate...........................................................-23- Nonrecoverable P&I Advance..........................................................-24- Nonrecoverable Servicing Advance....................................................-24- Non-United States Person............................................................-24- Notional Amount.....................................................................-24-

London Business Day. 18- Loss Severity Percentage............................................................-18- Marker Rate.........................................................................-18- Master Servicer.....................................................................-18- Master Servicer Collection Account..................................................-18- Master Servicer Event of Default....................................................-18- Master Servicer Fee Rate............................................................-18- Master Servicing Fee................................................................-18- Maximum II29 Lower-LTZZ Uncertificated Interest Deferral Amount.............................-19- Maximum Mortgage Rate...............................................................-19- Mezzanine Certificate...............................................................-19- [______________]....................................................................-19- [______________] Fee................................................................-19- [______________] Fee Rate...........................................................-19- [______________] PMI Mortgage Loans.................................................-19- [______________] PMI Policy.........................................................-19- Minimum Mortgage Rate...............................................................-19- Tier A-1 Monthly Payment.....................................................................-19- Moody's ...........................................................................-20- Mortgage ...........................................................................-20- Mortgage File.......................................................................-20- Mortgage Loan.......................................................................-20- Mortgage Loan Documents.............................................................-20- Mortgage Loan Purchase Agreement....................................................-20- Mortgage Loan Schedule..............................................................-20- Mortgage Note.......................................................................-22- Mortgage Rate.......................................................................-22- Mortgaged Property..................................................................-23- Mortgagor...........................................................................-23- Net Monthly Excess Cashflow.........................................................-23- Net Mortgage RateInterest...................................................................-23- Net WAC 29 Lower-Tier A-1 Pass-Through Rate...........................................................-23- Nonrecoverable P&I Advance..........................................................-24- Nonrecoverable Servicing Advance....................................................-24- Non..................................................................30 Lower-United States Person............................................................-24- Notional Amount.....................................................................-24-Tier A-2 Monthly Interest...................................................................30 Lower-Tier A-2 Pass-Through Rate..................................................................30 Lower-Tier A-3 Monthly Interest...................................................................30 Lower-Tier A-3 Pass-Through Rate..................................................................30 Lower-Tier A-4 Monthly Interest...................................................................30 Lower-Tier A-4 Pass-Through Rate..................................................................30 Lower-Tier A-5 Monthly Interest...................................................................30 Lower-Tier A-5 Pass-Through Rate..................................................................30 Lower-Tier A-6 Monthly Interest...................................................................30 Lower-Tier A-6 Pass-Through Rate..................................................................30 Lower-Tier A-7 Monthly Interest...................................................................30 Lower-Tier A-7/A-IO Pass-Through Rate.............................................................31 Lower-Tier A-8 Monthly Interest...................................................................31 Lower-Tier A-8 Pass-Through Rate..................................................................31 Lower-Tier A-9 Monthly Interest...................................................................31 Lower-Tier A-IO Monthly Interest..................................................................31 Lower-Tier B-1 Monthly Interest...................................................................31 Lower-Tier B-1 Pass-Through Rate..................................................................31

London Business Day. 18- Loss Severity Percentage.................................................................................................................................-18- Marker Rate.........................................................................-18- Master Servicer.....................................................................-18- Master Servicer Collection Account..................................................-18- Master Servicer Event of Default....................................................-18- Master Servicer Fee Rate............................................................-18- Master Servicing Fee..................................................................................................................................................-18- Maximum III-LTZZ LT7 Uncertificated Interest Deferral Amount.............................-19- ........................................-18- Maximum Mortgage Rate.......................................................................................................................................-19- Maximum Pass-Through Rate....................................................................-19- Mezzanine Certificate...............................................................-19- [______________]....................................................................-19- [______________] Fee................................................................-19- [______________] Fee Rate...........................................................-19- [______________] PMI Mortgage Loans.................................................-19- [______________] PMI Policy.................................................................................................................................-19- Minimum Mortgage Rate.......................................................................................................................................-19- Monthly Payment...................................................................................................................................................-19- Moody's ...........................................................................-20- Mortgage ...........................................................................-20- ....................................................................................-19- Mortgage File.......................................................................-20- ................................................................................-19- Mortgage Loan.......................................................................-20- Mortgage Loan Documents.............................................................-20- ................................................................................-19- Mortgage Loan Purchase Agreement....................................................-20- .............................................................-19- Mortgage Loan Schedule.....................................................................................................................................-20- Mortgage Note.......................................................................................................................................................-22- Mortgage Pool................................................................................-22- Mortgage Rate.......................................................................................................................................................-22- Mortgaged Property..................................................................-23- ...........................................................................-22- Mortgagor...........................................................................-23- ....................................................................................-22- Net Monthly Excess Cashflow...........................................................................................................................-22- Net Monthly Excess Spread....................................................................-23- Net Mortgage Rate...................................................................-23- Net WAC Pass-Through Rate...........................................................-23- Nonrecoverable P&I Advance..........................................................-24- Nonrecoverable Servicing Advance....................................................-24- Non-United States Person............................................................-24- Notional Amount.....................................................................-24-SECTION PAGE ------- ----