Principal, Interest and Fees. All principal under the Participation Agreement that would otherwise be payable from and after the Transfer Effective Date to or for the account of the Transferring Participant in respect of the Transferring Participant’s Interests shall, instead, be payable to or for the account of the Purchasing Participant.
Appears in 2 contracts
Samples: Participation and Servicing Agreement, Participation and Servicing Agreement
Principal, Interest and Fees. All principal under the Participation Agreement payments, interest, fees and other amounts that would otherwise be payable from and after the Transfer Effective Date to or for the account of the Transferring Participant in respect of the Transferring Participant’s Interests shall, instead, be payable to or for the account of the Purchasing Participant.
Appears in 2 contracts
Samples: Participation and Servicing Agreement, Participation and Servicing Agreement
Principal, Interest and Fees. All principal payments under the Participation Agreement that would otherwise be payable from and after the Transfer Effective Date to or for the account of the Transferring Participant in respect of the Transferring Participant’s Interests shall, instead, be payable to or for the account of the Purchasing Participant.
Appears in 1 contract
