Common use of Pool Factors Clause in Contracts

Pool Factors. (a) The Administrator, on behalf of the Trustee, shall calculate and make payments to Holders on each Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as the Administrator determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 7.05(e), the Administrator may modify the Pool Factor methodology from time to time, without the consent of Holders. With respect to each PC Pool, the Administrator, on behalf of the Trustee, shall do the following:

Appears in 43 contracts

Samples: Master Trust Agreement (Federal Home Loan Mortgage Corp), Pc Master Trust Agreement, Master Trust Agreement (Federal Home Loan Mortgage Corp)

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Pool Factors. (a) The Administrator, on behalf of the Trustee, shall calculate and make payments to Holders on each Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as the Administrator determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 7.05(e), the Administrator may modify the Pool Factor methodology from time to time, without the consent of Holders. With respect to each PC Pool, the Administrator, on behalf of the Trustee, shall do the following:

Appears in 3 contracts

Samples: Multifamily Pc Master Trust Agreement, Multifamily Pc Master Trust Agreement, Multifamily Pc Master Trust Agreement

Pool Factors. (a) The Administrator, on behalf of the Trustee, shall calculate and make payments to Holders on each Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as the Administrator determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 7.05(e7.05(d), the Administrator may modify the Pool Factor methodology from time to time, without the consent of Holders. With respect to each PC Pool, the Administrator, on behalf of the Trustee, shall do the following:

Appears in 3 contracts

Samples: Umbs and MBS Master Trust Agreement (Federal Home Loan Mortgage Corp), Master Trust Agreement, Umbs and MBS Master Trust Agreement

Pool Factors. (a) The Administrator, on behalf of the Trustee, shall calculate and make payments to Holders on each Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as the Administrator determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 7.05(e), the Administrator may modify the Pool Factor methodology from time to time, without the consent of Holders. With respect to each PC Pool, the Administrator, on behalf of the Trustee, shall do the following:

Appears in 2 contracts

Samples: Umbs and MBS Master Trust Agreement (Federal Home Loan Mortgage Corp), Umbs and MBS Master Trust Agreement

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Pool Factors. (a) The Administrator, on behalf of the Trustee, Administrator shall calculate and make payments to Holders on each Payment Date based on the monthly Pool Factors (including Negative Amortization Factors) until such time as the Administrator determines that a more accurate and practicable method for calculating such payments is available and implements that method. Pursuant to Section 7.05(e), the Administrator may modify the Pool Factor methodology from time to time, without the consent of Holders. With respect to each PC Pool, the Administrator, on behalf of the Trustee, Administrator shall do the following:

Appears in 1 contract

Samples: Multifamily Pc Master Trust Agreement

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