Common use of Net T&I Transfer Amount Clause in Contracts

Net T&I Transfer Amount. The Net T&I Transfer Amount shall be calculated as follows: (i) The sum of all amounts relating to the Mortgage Loans: A. then held in escrow for payment of taxes, insurance and similar charges; plus B. any amounts representing interest on any such amounts set forth in (A) above which is required to be paid to the Mortgagor pursuant to applicable law or the terms of the related Mortgage Loan; plus C. proceeds of any insurance policies not yet remitted to the Purchaser or its designee or released to or upon the instructions of the Mortgagor pursuant to this Agreement or the Fannie Mae Guides; plus D. amounts held in suxxxxxx xxxounts, representing partial payments of principal and interest made by a Mortgagor (whether pursuant to a forbearance plan or otherwise), amounts representing unidentified funds remitted by the Mortgagor and other similar amounts; (ii) less the following amounts relating to the Mortgage Loans: A. any amounts payable to the Seller as interest accrued on such accounts on or prior to the related Servicing Transfer Date in accordance with the terms of this Agreement, any agreement with the depository institution maintaining such accounts and applicable law; plus B. any amounts in respect of advances of taxes, insurance and similar items to the extent that such amounts exceed the balance of the related escrow account.

Net T&I Transfer Amount. The Net T&I Transfer Amount shall be calculated as follows: (i) The sum of all amounts relating to the Mortgage Loans: A. then held in escrow for payment of taxes, insurance and similar charges; plus B. any amounts representing interest on any such amounts set forth in (A) above which is required to be paid to the Mortgagor pursuant to applicable law or the terms of the related Mortgage Loan; plus C. proceeds of any insurance policies not yet remitted to the Purchaser or its designee or released to or upon the instructions of the Mortgagor pursuant to this Agreement or the Fannie Mae Guides; plus D. amounts held in suxxxxxx xxxountssxxxxxxe xxcounts, representing partial payments of principal and interest made by a Mortgagor (whether pursuant to a forbearance plan or otherwise), amounts representing unidentified funds remitted by the Mortgagor and other similar amounts; (ii) less the following amounts relating to the Mortgage Loans: A. any amounts payable to the Seller as interest accrued on such accounts on or prior to the related Servicing Transfer Date in accordance with the terms of this Agreement, any agreement with the depository institution maintaining such accounts and applicable law; plus B. any amounts in respect of advances of taxes, insurance and similar items to the extent that such amounts exceed the balance of the related escrow account.

Net T&I Transfer Amount. The Net T&I Transfer Amount shall be calculated as follows: (i) The sum of all amounts relating to the Mortgage Loans: A. then held in escrow for payment of taxes, insurance and similar charges; plus B. any amounts representing interest on any such amounts set forth in (A) above which is required to be paid to the Mortgagor pursuant to applicable law or the terms of the related Mortgage Loan; plus C. proceeds of any insurance policies not yet remitted to the Purchaser or its designee or released to or upon the instructions of the Mortgagor pursuant to this Agreement or the Fannie Mae Xxxxxx Xxx Guides; plus D. amounts held in suxxxxxx xxxountssuspense accounts, representing partial payments of principal and interest made by a Mortgagor (whether pursuant to a forbearance plan or otherwise), amounts representing unidentified funds remitted by the Mortgagor and other similar amounts; (ii) less the following amounts relating to the Mortgage Loans: A. any amounts payable to the Seller as interest accrued on such accounts on or prior to the related Servicing Transfer Date in accordance with the terms of this Agreement, any agreement with the depository institution maintaining such accounts and applicable law; plus B. any amounts in respect of advances of taxes, insurance and similar items to the extent that such amounts exceed the balance of the related escrow account.

Net T&I Transfer Amount. The Net T&I Transfer Amount shall be calculated as follows: (i) The sum of all amounts relating to the Mortgage Loans: A. then held in escrow for payment of taxes, insurance and similar charges; plus B. any amounts representing interest on any such amounts set forth in (A) above which is required to be paid to the Mortgagor pursuant to applicable law or the terms of the related Mortgage Loan; plus C. proceeds of any insurance policies not yet remitted to the Purchaser or its designee or released to or upon the instructions of the Mortgagor pursuant to this Agreement or the Fannie Mae Guides; plus D. amounts held in suxxxxxx xxxountsxxxxxxsx xccounts, representing partial payments of principal and interest made by a Mortgagor (whether pursuant to a forbearance plan or otherwise), amounts representing unidentified funds remitted by the Mortgagor and other similar amounts; (ii) less the following amounts relating to the Mortgage Loans: A. any amounts payable to the Seller as interest accrued on such accounts on or prior to the related Servicing Transfer Date in accordance with the terms of this Agreement, any agreement with the depository institution maintaining such accounts and applicable law; plus B. any amounts in respect of advances of taxes, insurance and similar items to the extent that such amounts exceed the balance of the related escrow account.