Assigned Prepayment Premiums definition

Assigned Prepayment Premiums. For any Distribution Date, the sum of (a) all Prepayment Premiums collected on the Mortgage Loans during the Payoff Period, (b) all payments made by the Servicer during the Payoff Period in respect of Prepayment Premiums pursuant to Section 3.20 and (c) all payments received by the Servicer from the Seller during the Payoff Period in respect of Prepayment Premiums pursuant to Section 3.4 of the Mortgage Loan Purchase Agreement.
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Assigned Prepayment Premiums. For any Distribution Date and any Loan Group, the sum of (a) all Prepayment Premiums collected on the Mortgage Loans in that Loan Group that are WMB Loans during the Payoff Period, (b) all payments made by the Servicer during the Payoff Period in respect of Prepayment Premiums on such Mortgage Loans pursuant to Section 3.20 and (c) all payments received by the Servicer from a Seller during the Payoff Period in respect of Prepayment Premiums on such Mortgage Loans pursuant to Section 3.4 of the Mortgage Loan Purchase Agreement.
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Assigned Prepayment Premiums. For any Distribution Date, the sum of (a) all Prepayment Premiums collected on the Mortgage Loans that are WMB Loans during the Payoff Period, (b) all payments made by the Servicer during the Payoff Period in respect of Prepayment Premiums pursuant to Section 3.20 and (c) all payments received by the Servicer from the Seller during the Payoff Period in respect of Prepayment Premiums on such Mortgage Loans pursuant to Section 3.4 of the Mortgage Loan Purchase Agreement.
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Examples of Assigned Prepayment Premiums in a sentence

  • The Master Servicer shall not have any responsibility for verifying the accuracy of the amount of Assigned Prepayment Premiums remitted by the Servicers.

  • Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date.

  • Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date.

  • Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 1X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 1 for such Distribution Date.

  • On each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Distribution Account and distribute to the Holders of the Class P Certificates, the Assigned Prepayment Premiums for such Distribution Date.

  • On each Distribution Date, the Trust Administrator, shall distribute the aggregate of all Assigned Prepayment Premiums for the Mortgage Loans collected or paid by the related Servicers and received by the Trust Administrator with respect to the preceding Prepayment Period to the Class PP Certificates.

  • The Trust Fund (exclusive of any entitlement to Assigned Prepayment Premiums, Interest Rate Cap Agreements, Swap Agreements, the assets held in the Interest Rate Cap Accounts, rights to payments from the Supplemental Interest Accounts, Prefunding Accounts, Capitalized Interest Accounts and certain other assets, in each case if applicable and as set forth in the Series Supplement) for federal income tax purposes shall consist of one or more REMICs as more particularly set forth in the Series Supplement.

  • The Certificates (other than the Class R Certificates) shall together be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC III Regular Interests and the Assigned Prepayment Premiums pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class CX-2-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 1 and Loan Group 2 for such Distribution Date.

  • On each Distribution Date, the Trust Administrator, shall distribute the aggregate of all Assigned Prepayment Premiums for the Mortgage Loans collected or paid by the Servicers and received by the Trust Administrator with respect to the preceding Prepayment Period to the Class P Certificates.


More Definitions of Assigned Prepayment Premiums

Assigned Prepayment Premiums. For any Distribution Date, the sum of (a) all Prepayment Premiums collected on the Mortgage Loans during the applicable Payoff Period, (b) all payments made by the Servicer during the Payoff Period in respect of Prepayment Premiums on WMB Loans pursuant to Section 3.20(c), (c) all payments made by GreenPoint during the Payoff Period in respect of Prepayment Premiums on GreenPoint Loans pursuant to Section 3.21(c) and (d) all payments received by the Servicer from the Seller during the Payoff Period in respect of Prepayment Premiums pursuant to Section 3.4 of the Mortgage Loan Purchase Agreement.
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Assigned Prepayment Premiums. For any Distribution Date, any Prepayment Premium on a Mortgage Loan and any other Prepayment Premium on deposit in the Certificate Account received in the Prior Period.
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Assigned Prepayment Premiums. For any Distribution Date, the Assigned Group 1 Prepayment Premiums and the Assigned Group 2 Prepayment Premiums for such Distribution Date.
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Assigned Prepayment Premiums. Subgroup 1 Assigned Prepayment Premiums or Subgroup 2 Assigned Prepayment Premiums, as applicable.
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Assigned Prepayment Premiums. For any Distribution Date and any of Loan Group 1, Loan Group 2 and Loan Group 3, the sum of (a) all Prepayment Premiums collected on the Mortgage Loans in such Loan Group during the Payoff Period, (b) all payments made by the Servicer during the Payoff Period in respect of Prepayment Premiums on such Mortgage Loans pursuant to Section 3.20 and (c) all payments received by the Servicer from the Seller during the Payoff Period in respect of Prepayment Premiums on such Mortgage Loans pursuant to Section 3.4 of the Mortgage Loan Purchase Agreement.
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Related to Assigned Prepayment Premiums

  • Prepayment Premiums Any prepayment fees and penalties to be paid by the Mortgagor on a Mortgage Loan.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Prepayment means, with respect to any Receivable, any prepayment, whether in part or in full, in respect of such Receivable.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Prepayment Penalty With respect to each Mortgage Loan, the amount of any premium or penalty required to be paid by the Mortgagor if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Required Prepayment Date as defined in Section 2.15(c).

  • Principal Prepayment in Full Any Principal Prepayment made by a Mortgagor of the entire principal balance of a Mortgage Loan.