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Common use of Prepayment Charge Clause in Contracts

Prepayment Charge. None of the Mortgage Loans has a Prepayment Premium period at origination in excess of three years;

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-Wmc1), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He1)

Prepayment Charge. None of the Mortgage Loans has a Prepayment Premium prepayment charge period at origination in excess of three years;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc3)