Common use of Prepayment Premiums Clause in Contracts

Prepayment Premiums. As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted "customary prepayment penalties" within the meaning of Treasury Regulation Section 1.860G-1(b)(2).

Appears in 16 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2006-Hq8), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2006 - HQ9), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq11)

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Prepayment Premiums. As of the applicable date of origination of each such the Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage LoansLoan, in respect of voluntary prepayments, constituted "customary prepayment penaltiespremiums" within the meaning of the Treasury Regulation Section 1.860G-1(b)(2Regs Sections 1.860G 1(b)(2).

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc)

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