Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pas THR Certs Series 2003 3), Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pas THR Certs Series 2003 3), Pooling and Servicing Agreement (Aegis Asset Backed Sec Corp Mort Pass THR Certs Ser 2003-2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, interest on any the Class AAIO and Class X Certificates and each Lower-IO Certificate Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 4 contracts
Samples: Trust Agreement (Lehman XS Trust 2006-20), Trust Agreement (Lehman XS Trust 2007-11), Trust Agreement (Lehman XS Trust 2007-14h)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, interest on any the Class AX Certificates and each Lower-IO Certificate Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 3 contracts
Samples: Trust Agreement (Lehman XS Trust 2006-19), Trust Agreement (Lehman XS Trust 2006-9), Trust Agreement (LXS 2006-7)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 3 contracts
Samples: Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Amortizing Residential Collateral Trust, Series 2004-1), Trust Agreement (First Franklin Mortgage Loan Trust 2004-Ff7)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate Note shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interestInterest, if any, on any Class A-IO Certificate B Note shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 3 contracts
Samples: Custodial Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Structured Asset Securities Corp)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on the Class X Certificates and on any Class A-IO Certificate Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months, and each Accrual Period shall be deemed to have 30 days.
Appears in 3 contracts
Samples: Trust Agreement (BNC Mortgage Loan Trust 2007-2), Trust Agreement (BNC Mortgage Loan Trust 2007-1), Trust Agreement (BNC Mortgage Loan Trust 2007-3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel2), Trust Agreement (Structured Asset Securities Corp. 2005-Rms1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Fixed Rate Certificate and any Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months, and each Accrual Period shall be deemed to have 30 days.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corp. 2005 S-3), Trust Agreement (Structured Asset Securities Corp 2005-S5)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate and Class B Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Servicing Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc13)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO and Class B Certificate and each Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-S2), Trust Agreement (Structured Asset Securities Corp)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and on each Upper Tier Interest other than the Class B-PO, Class B-IO, and Class R Interests shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate Certificate, the Class B2 Certificates, all of the Lower Tier Interests, and the Class B-IO Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002 Bc4), Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interestinterest on the Class I-AIO, if anyClass II-AIO, on any Class AII-IO Certificate A2, Class I-X and Class II-X Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 2 contracts
Samples: Custodial Agreement (Lehman XS Trust 2007-10h), Custodial Agreement (Lehman XS Trust 2007-10h)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interestinterest on the Group 2 Senior Certificates (other than the Class 2-A1 Certificates), if any, on any Class AX Certificates and each Lower-IO Certificate Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A1-IO A2 or Class 3-A2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004 2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interestinterest on the Group 2 Certificates (except the Class WF-1 Certificates), if anyClass I-AIO Certificates, on any Class A1-IO Certificate X Certificates, Class WF-AIO Certificates, Class 2-X Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interestinterest on the Group 3 Senior Certificates (other than the Class 3-A1A Certificates), if any, on any Class AX Certificates and each Lower-IO Certificate Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO M9 or Class B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Investment Loan Trust Series 2004-11)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-4)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on or any Class A-IO B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-8)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO or Class B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2003-FFB)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO IO, Class M8, Class M9 and Class B Certificate and each Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp 2004-S3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A3 and Class A-IO Certificate Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc11)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on the Class B Certificates and any Class A-IO Certificate Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (SASCO Mortgage Loan Trust Series 2005-Gel3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Component of the Class A-IO A3 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Investment Loan Trust 2004-6)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO and Class B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mor Pas THR Ce Se 2003-Bc12)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate or LIBOR Component shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interestInterest, if any, on any Class A-IO Certificate Certificates shall be calculated based upon a 360-360 day year consisting of twelve 30-30 day months.
Appears in 1 contract
Samples: Trust Agreement (Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Fixed Rate Certificate, the Class A-IO Certificate X Certificates and on any Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months, and each Accrual Period shall be deemed to have 30 days.
Appears in 1 contract
Samples: Trust Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any the Class A-IO Certificate and Class A3 Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-FFB)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B1 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-Bnc1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO and Class A-SIO Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc7)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate IO, Class M4-F and Class B Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Investment Loan Trust 2003-Bc2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Component of the Class A-IO Certificate Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Aames Mortgage Tr Mort Pas Thru Cert Sers 2003-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any the Class A-IO Certificate Certificates, Class B Certificates and any Component of the Class A3 Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004-3)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interestinterest on the Group 2 Certificates (except the Class WF-1-1 and Class WF-1-2 Certificates), if anyClass 1-AIO Certificates, on any Class A1-IO Certificate X Certificates, Class 2-X Certificates and each Lower-Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate Note shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Sasco Mortgage Loan Trust Series 2003-Gel1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate Note shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO Certificate B2 Notes shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any the Class AM10-IO Certificate F Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day monthsmonths in each Accrual Period.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-6)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B1 and Class B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any the LIBOR Certificate Certificates, shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, interest on any the Group 2 Senior Certificates and the Class AX Certificates and each Lower-IO Certificate Tier Interest shall be calculated based upon a 360-day year consisting of and twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B1, Class B2 and Class B3 Certificate and each Lower Tier Interest shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A3, Class A-IO and Class B Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Inv Loan Tr Mort Pass-THR Cert Ser 2004-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any the Class A-IO Certificate B Certificates shall be calculated based upon a 360-day year consisting of twelve 30-day monthsmonths in each Accrual Period.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corporation, 2005 OPT-1)
Calculations Respecting Accrued Interest. Accrued interest, if any, on any LIBOR Certificate and any Class A-SIO Certificate shall be calculated based upon a 360 360-day year and the actual number of days in each Accrual Period. Accrued interest, if any, on any Class A-IO B2 Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.
Appears in 1 contract
Samples: Trust Agreement (Finance America Mortgage Loan Trust 2004-1)
