Deferred Interest. For any Distribution Date, will be the excess, if any, of the amount of interest accrued on the Mortgage Loans from the preceding Due Date to such Due Date, over the interest portion of the monthly payment due for such Due Date.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Oa1), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa1), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa2)
Deferred Interest. For any Distribution Date, will be the excess, if any, of the amount of interest accrued on the Mortgage Loans from the preceding Due Date to such Due Date, over the interest portion of the monthly payment due for such Due Date.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-3), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust Series 2007-Oa5 /DE), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Oa4 /DE)
