Common use of Participation Interest Rate for Aged Participated Mortgage Loans Clause in Contracts

Participation Interest Rate for Aged Participated Mortgage Loans. (a) With respect to any Aged Participated Mortgage Loan, to the extent permitted by applicable Law, Bank may from time to time, in its sole discretion, increase the then-current Participation Interest Rate with respect to such Aged Participated Mortgage Loan by an amount, as determined by Bank, in accordance with the following: Number of days elapsed since the Purchase Date for the Participation Interest in the Aged Participated Mortgage Loan Maximum aggregate total amount by which Bank may increase the applicable Participation Interest Rate pursuant to this Section Date on which the increase (if any) in the Participation Interest Rate is effective 60 days or more [***] 60th day following the Purchase Date of the Participation Interest

Participation Interest Rate for Aged Participated Mortgage Loans. (a) With respect to any Aged Participated Mortgage Loan, to the extent permitted by applicable Law, Bank may from time to time, in its sole discretion, increase the then-current Participation Interest Rate with respect to such Aged Participated Mortgage Loan by an amount, as determined by Bank, in accordance with the following: Number of days elapsed since the Purchase Date for the Participation Interest in the Aged Participated Mortgage Loan Maximum aggregate total amount by which Bank may increase the applicable Participation Interest Rate pursuant to this Section Date on which the increase (if any) in the Participation Interest Rate is effective 60 days or more [***] 60th day [***]% [***] following the Purchase Date of the Participation Interest

Participation Interest Rate for Aged Participated Mortgage Loans. (a) With respect to any Aged Participated Mortgage Loan, to the extent permitted by applicable Law, Bank may from time to time, in its sole discretion, increase the then-current Participation Interest Rate with respect to such Aged Participated Mortgage Loan by an amount, as determined by Bank, in accordance with the following: Number of days elapsed since the Purchase Date for the Participation Interest in the Aged Participated Mortgage Loan Maximum aggregate total amount by which Bank may increase the applicable Participation Interest Rate pursuant to this Section Date on which the increase (if any) in the Participation Interest Rate is effective 60 days or more [***] 60th day following the Purchase Date of the Participation Interest[***] [***]