Common use of Determination of Scheduled Payments Clause in Contracts

Determination of Scheduled Payments. Scheduled payments due on any Contract shall be determined without giving effect to any adjustments required by reason of the bankruptcy of the related Obligor or any similar proceeding or moratorium or any waiver, extension or grace period. [End of Article I]

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fi Inc Man Ho Co Se Su Pas Th Ce Se 2000a), Pooling and Servicing Agreement (Senior Subordinate Pass Through Certificates Series 2001-C), Custodial Agreement (Vanderbilt Mort & Finance Pass Through Cert Series 1999b)

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Determination of Scheduled Payments. Scheduled payments ----------------------------------- due on any Contract shall be determined without giving effect to any adjustments required by reason of the bankruptcy of the related Obligor or any similar proceeding or moratorium or any waiver, extension or grace period. [(End of Article I])

Appears in 2 contracts

Samples: Custodial Agreement (Vanderbilt Mort & Fin Inc Pass Throu Cert Ser 1998b), Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Man Ho Co Se Su Pa Th Ce Se 1998a)

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Determination of Scheduled Payments. Scheduled payments due ----------------------------------- on any Contract shall be determined without giving effect to any adjustments required by reason of the bankruptcy of the related Obligor or any similar proceeding or moratorium or any waiver, extension or grace period. [End of Article I]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Sen Sub Pass THR Cert Ser 2000-D)

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