Examples of Mortgage Loan Interest Rate in a sentence
The Reconstitution Agreement will require the Seller to advance principal and interest payments on each Mortgage Loan at the Mortgage Loan Interest Rate less the Reconstituted Servicing Fee (defined below) on the remittance date of the Reconstitution Agreement.
Each Mortgage Note is payable in monthly installments of principal and interest, with interest payable in arrears, and requires a monthly payment which is sufficient to amortize the original principal balance over the original term and to pay interest at the related Mortgage Loan Interest Rate.
With respect to an assumption or substitution of liability, Mortgage Loan Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed.
Subject to the Lead Securitization Servicing Agreement and this Agreement, in the case of any modification or amendment described above, the Special Servicer (on behalf of the Note Holders) shall have the sole authority and ability to revise the payment provisions set forth in Section 3(a) and Section 3(b), including: (i) the ability to change the Mortgage Loan Interest Rate but shall not be permitted to change the order of the clauses set forth in Section 3(a) and Section 3(b).
Committed Mortgage Loan Interest Rate (At LIBOR Cap)of the Trust Loan, Future Advance Component and Mortgage Loan, respectively.