Relief Act Reduction. With respect to any Mortgage Loan as to which there has been a reduction in the amount of the interest collectible thereon as a result of the application of the Servicemembers Civil Relief Act, as such may be amended from time to time, any amount by which interest collectible on such Mortgage Loan for the Due Date in the related Due Period is less than the interest accrued thereon for the applicable one month period at the Mortgage Interest Rate without giving effect to such reduction.
Appears in 6 contracts
Samples: Servicing Agreement (Lehman XS Trust, Series 2006-8), Servicing Agreement (Lehman XS Trust 2006-9), Servicing Agreement (LXS 2006-7)
Relief Act Reduction. With respect to any Mortgage Revolving Credit Loan as to which there has been a reduction in the amount of the interest collectible thereon as a result of the application of the Servicemembers Civil Relief Act, as such may be amended from time to time, any amount by which interest collectible on such Mortgage Revolving Credit Loan for the Due Date in the related Due Period is less than the interest accrued thereon for the applicable one month period at the Mortgage Interest Rate without giving effect to such reduction.
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Securities Corp)
