Retained Yield Sample Clauses

Retained Yield. Administrative Fee; ----------------------------------- Servicing Compensation. ---------------------- On each Distribution Date, the Master Servicer shall remit to the Depositor, by wire transfer of immediately available funds, from payments of interest and other collections with respect to interest on the Contracts deposited in the Certificate Account a Retained Yield equal to __% of the Principal Balance of each Contract and an Administrative Fee equal to __% of the Principal Balance of each Contract as provided in Section 3.19. The Master Servicer shall be entitled to retain an amount in respect of each interest payment on a Contract equal to the excess of each interest payment on such Contract over the sum of (i) the Retained Yield, (ii) the Administrative Fee and (iii) the Pass-Through Rate as provided in Section 3.19, and such other amounts as provided in accordance with the provisions of the Standard Terms.
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Retained Yield. 13 Series.......................................... 13 Servicer........................................ 14
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Retained Yield. ...9 Single Certificate: A Certificate issued in a minimum Denomination of $_______________ as set forth in Section 11.04...........................9
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Retained Yield. (a) Greystone Funding's (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) and Daiwa Finance's (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) right to receive the Retained Yield with respect to any FHA Debenture shall be absolute and unconditional, but shall last only for so long as such FHA Debenture is part of the Trust Fund. Greystone Funding's (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) and Daiwa Finance's (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) right to receive the Retained Yield with respect to an FHA Assigned Mortgage Loan shall also be absolute and unconditional, but shall last only until a Final Recovery Determination has been made with respect to such FHA Assigned Mortgage Loan. Greystone Funding's (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) and Daiwa Finance's (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) right to receive the Retained Yield shall not be subject to offset or counterclaim, notwithstanding any breach of any representation or warranty of Greystone Funding or Daiwa Finance, respectively, under this Agreement or any default by Greystone Funding or Daiwa Finance, respectively, of any of its obligations or covenants under this Agreement. (b) The Master Servicer shall remit any Retained Yield received with respect to any FHA Debenture or FHA Assigned Mortgage Loan to Greystone Funding (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) or Daiwa Finance (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) pursuant to such reasonable arrangements as may be entered into between the Master Servicer and each Seller. (c) Retained Yield in respect of any FHA Debenture shall be payable solely from payments of interest received on such FHA Debenture and from the interest portion of any proceeds received in connection with the sale of such FHA Debenture pursuant to Section 3.15 or 10. 01. Any Retained Yield with respect to any FHA Debenture shall cease to accrue at such time as the FHA Debenture is paid in full or otherwise removed from the Trust Fund. Retained Yield in respect of any FHA Assigned Mortgage Loan shall be payable solely from payments of interest received from the FHA with respect to such FHA Assigned Mortgage Loan. Any Retained Yield with respect to any FHA Assigned Mortgage Loan shall cease to accrue at such time as a Final Recovery Det...
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Retained Yield. The percentage rate per annum of the principal -------------- balance from time to time of each Contract that is retained by the Depositor and payable out of each interest payment on a Contract, which percentage is set forth in Article XI and in the Contract Schedule.
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Related to Retained Yield

  • Carryover Notwithstanding any other provision of this Section 6, no adjustment shall be made to the number of shares of Common Stock to be delivered to the Warrantholder (or to the Exercise Price) if such adjustment represents less than 1% of the number of shares to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of shares to be so delivered.

  • Category 2 Funds On sales of Class A shares and Class 529-A shares of Funds listed in Category 2 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid the same dealer concessions indicated above except as follows: Less than $100,000 3.00% 3.75%

  • State Interest Liabilities 8.6.1 The State shall be liable for interest on Federal funds from the date Federal funds are credited to a State account until the date those funds are paid out for program purposes. 8.6.2 The State shall use the following method to calculate State interest liabilities on Federal funds:

  • Distribution Date 13 DTC...........................................................................................13

  • Bilingual Differential When formally assigned in the employee’s position description, an employee assigned to interpret to or from another language to English will receive a differential of five percent (5%) of base pay.

  • Payments from Available Funds Only All payments to be made by the Borrower under this Agreement shall be made only from the amounts that constitute Scheduled Payments, Special Payments and other payments under the Operative Agreements, including payment under Section 4.02 of the Participation Agreements and payments under Section 2.14 of the Indentures, and only to the extent that the Borrower shall have sufficient income or proceeds therefrom to enable the Borrower to make payments in accordance with the terms hereof after giving effect to the priority of payments provisions set forth in the Intercreditor Agreement. The Liquidity Provider agrees that it will look solely to such amounts to the extent available for distribution to it as provided in the Intercreditor Agreement and this Agreement and that the Borrower, in its individual capacity, is not personally liable to it for any amounts payable or liability under this Agreement except as expressly provided in this Agreement, the Intercreditor Agreement or any Participation Agreement. Amounts on deposit in the Class A Cash Collateral Account shall be available to the Borrower to make payments under this Agreement only to the extent and for the purposes expressly contemplated in Section 3.05(f) of the Intercreditor Agreement.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Vacation Carryover (a) A regular employee may carry over up to 10 days' vacation leave per year. Vacation carryover will not exceed 10 days at any time. An employee will not receive pay in lieu of vacation time, except upon retirement or termination, or as requested by the employee in Clause 18.13 (Vacation Payout). (b) A single vacation period, which overlaps the end of a vacation year, will be considered as vacation for the vacation year in which it commenced. The portion of vacation taken subsequent to but adjoining the end of the vacation year will not be considered as vacation carryover, nor as a seniority choice for the subsequent vacation year.

  • Unused Escrow Funds In the event that a Closing does not occur when required under the Contract, or in the event that the Closing does occur but Escrow Funds remain in an account with Escrow Agent, the Escrow Agent shall notify OPWC in writing promptly thereafter. After receipt of such notice, OPWC shall deliver written instructions to Escrow Agent directing Escrow Agent’s release of the Escrow Funds. Immediately upon Escrow Agent’s receipt of such notice from OPWC, Escrow Agent shall release the Escrow Funds, or balance thereof, in accordance with OPWC’s written instructions.

  • Category 3 Funds On sales of Class A shares and Class 529-A shares of Funds listed in Category 3 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid dealer concessions as follows: Less than $500,000 2.00% 2.50% $500,000 but less than $750,000 1.60% 2.00% $750,000 but less than $1 million 1.20% 1.50% $1 million or more See below None

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