No Negative Amortization of Related First Lien Loan. The related first lien loan does not permit negative amortization;
Appears in 20 contracts
Samples: Sale and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Mortgage Loan Sale and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Mortgage Loan Sale and Servicing Agreement (GSR Mortgage Loan Trust 2006-Oa1)
No Negative Amortization of Related First Lien Loan. The With respect to each Second Lien Loan, the related first lien loan First Lien Loan does not permit negative amortization;. This representation and warranty is a Deemed Material and Adverse Representation; and
Appears in 8 contracts
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax)
No Negative Amortization of Related First Lien Loan. The related first lien loan does not permit negative amortization;.
Appears in 3 contracts
Samples: Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax), Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-8xs)
No Negative Amortization of Related First Lien Loan. The With respect to each Second Lien Loan, the related first lien loan does not permit negative amortization;
Appears in 1 contract
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax)
No Negative Amortization of Related First Lien Loan. The With respect to each Second Lien Loan, the related first lien loan First Lien Loan does not permit negative amortization;. This representation and warranty is a Deemed Material and Adverse Representation.; and
Appears in 1 contract
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He7)