Common use of Transfer of Interest Amount Clause in Contracts

Transfer of Interest Amount. The Transfer of the Interest Amount will be made on any Local Business Day on which Posted Collateral in the form of Cash is Transferred to the Pledgor pursuant to Paragraph 3(b), provided that such Interest Amount has been received prior thereto.

Appears in 15 contracts

Samples: Isda Master Agreement (PHH Alternative Mortgage Trust, Series 2007-3), Pooling and Servicing Agreement (Home Equity Mortgage Trust 2005-5), Credit Support Annex (CNH Equipment Trust 2007-A)

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Transfer of Interest Amount. The Transfer of the Interest Amount will be made on any Local Business Day on which Posted Collateral in the form of Cash is Transferred to the Pledgor pursuant to Paragraph 3(b), provided that such Interest Amount has been received prior thereto.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-3 Asset-Backed Certificates, Series 2005-3), Isda Master Agreement (Aegis Asset Backed Securities Trust 2005-3), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl3)

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Transfer of Interest Amount. The Transfer of the Interest Amount amount will be made on any Local Business Day on which Posted Collateral in the form of Cash is Transferred to the Pledgor pursuant to Paragraph 3(b), provided that such Interest Amount has been received prior thereto.

Appears in 1 contract

Samples: Isda Master Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5)

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