Common use of Prepayment Interest Shortfalls Clause in Contracts

Prepayment Interest Shortfalls. On or before noon Eastern Time on each Servicer Remittance Date, the Servicer shall deposit in the Custodial Account, from its own funds, an amount equal to the aggregate amount of Prepayment Interest Shortfalls with respect to Prepayments in Full received during the related Due Period.

Appears in 3 contracts

Samples: Servicing Agreement (Bayview Financial Securities Co LLC), Servicing Agreement (Bayview Financial Mort Pass THR Certs Ser 2003-F), Servicing Agreement (Bayview Financial Corp Mortgage Pass THR Certs Ser 2003-E)

AutoNDA by SimpleDocs

Prepayment Interest Shortfalls. On or before noon Eastern Time time on each Servicer Remittance Date, the Servicer shall deposit in the Custodial Account, from its own funds, an amount equal to the aggregate amount of Prepayment Interest Shortfalls with respect to Prepayments in Full received during the related Due Period.

Appears in 1 contract

Samples: Servicing Agreement (Bayview Financial Sec Co LLC Mort Pas THR Certs Ser 2004 C)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!