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.

Assigned Prepayment Premiums. For any Distribution Date, the sum of (a) all Prepayment Premiums collected on the WMB Loans during the Payoff Period, (b) all payments made by the Servicer during the Payoff Period in respect of Prepayment Premiums on the WMB 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 the WMB Loans pursuant to Section 3.4 of the Mortgage Loan Purchase Agreement.

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.

• 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.

• 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.

• 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.

• The Company does hereby irrevocably sell, transfer, assign, set over and otherwise convey to the Trust, without recourse, all the Company’s right, title and interest in and to the Mortgage Pool Assets other than (i) the Yield Maintenance Agreement and any proceeds thereof and (ii) the Assigned Prepayment Premiums (the “Conveyed Mortgage Pool Assets”).

• 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.

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.

Assigned Prepayment Premiums. For any Distribution Date, the Assigned Group 1 Prepayment Premiums and the Assigned Group 2 Prepayment Premiums for such Distribution Date.

Assigned Prepayment Premiums. Subgroup 1 Assigned Prepayment Premiums or Subgroup 2 Assigned Prepayment Premiums, as applicable.

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.