Common use of Prepayment Penalties Clause in Contracts

Prepayment Penalties. Unless otherwise provided in the Pool Supplement for a PC Pool, the related Holders shall not be entitled to receive any prepayment penalties, assumption fees or other fees charged on the Mortgages included in such PC Pool, and either the related servicer or the Administrator shall retain such amounts.

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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Prepayment Penalties. Unless otherwise provided for in the Pool Supplement for a PC Pool, the related Holders shall not be entitled to receive all or a portion of the prepayment premiums (if any) collected on the related Mortgages. As Administrator, we may waive a borrower’s requirement to pay any prepayment penalties, assumption fees or other fees charged on the Mortgages included premium in such PC Pool, and either the related servicer or the Administrator shall retain such amountsour sole discretion.

Appears in 3 contracts

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

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Prepayment Penalties. Unless otherwise If so provided in the Pool Supplement for a PC Pool, the related Holders shall be entitled to receive all or a portion of the prepayment premiums (if any) collected on the related Mortgages. The Holders shall not be entitled to receive any prepayment penalties, assumption fees or other fees charged on the Mortgages included in such PC Pool, and either the related servicer or the Administrator shall retain such amounts.

Appears in 1 contract

Samples: Multifamily Pc Master Trust Agreement

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