Common use of Principal and Interest Advances by Interim Servicer Clause in Contracts

Principal and Interest Advances by Interim Servicer. The Interim Servicer shall have no obligation to advance any amounts constituting delinquent principal and interest payments.

Appears in 7 contracts

Samples: Interim Servicing Agreement (Lehman XS Trust Series 2006-Gp2), Interim Servicing Agreement (Lehman XS Trust Series 2006-Gp1), Interim Servicing Agreement (Lehman XS Trust Series 2006-4n)

AutoNDA by SimpleDocs

Principal and Interest Advances by Interim Servicer. The Interim Servicer shall have no obligation to advance any amounts constituting delinquent principal and interest paymentsMonthly Payments.

Appears in 1 contract

Samples: Master Interim Servicing Agreement (Structured Asset Sec Corp Mor Pass Thru Cer Ser 2002-10h)

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