Common use of Negative Amortization Clause in Contracts

Negative Amortization. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no Mortgage Loan is subject to negative amortization;

Appears in 17 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ar1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-4), Servicing Agreement (Lehman Mortgage Trust 2007-5)

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Negative Amortization. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no No Mortgage Loan is subject to negative amortizationNegative Amortization;

Appears in 11 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2006-8f), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2)

Negative Amortization. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no No Mortgage Loan is subject to negative amortization;

Appears in 8 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-1), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)

Negative Amortization. Unless otherwise disclosed in the Offering Materials or the No Mortgage Loan Schedule, no Mortgage Loan is subject to permits negative amortization;

Appears in 6 contracts

Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)

Negative Amortization. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no Mortgage Loan is subject to negative amortization;

Appears in 5 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-12), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-13)

Negative Amortization. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no Mortgage Loan is subject to negative amortization;; and

Appears in 2 contracts

Samples: Mortgage Loan Sale and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Mortgage Loan Sale and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)

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Negative Amortization. Unless otherwise disclosed in the Offering Materials or and the Mortgage Loan Schedule, no Mortgage Loan is subject to negative amortization;

Appears in 2 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-I Trust), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-8t2 Trust)

Negative Amortization. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no No Mortgage Loan is subject to negative amortization;; and

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs)

Negative Amortization. Unless otherwise Except with respect to each Mortgage Loan Package identified in the related Purchase Price and Terms Agreement as relating to “Option ARM” mortgage loans and as disclosed in the Offering Materials or the related Mortgage Loan Schedule, no Mortgage Loan is subject to negative amortization;

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar)

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