Common use of FIXED AMOUNTS Clause in Contracts

FIXED AMOUNTS. Fixed Rate Payer (Cap Buyer): Counterparty. Fixed Rate Payer Payment Date: The Effective Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Business Day prior to each Floating Rate Period End Date. Floating Rate Option: USD-LIBOR-BBA; provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period shall be deemed to be 10.00%. Floating Rate Payer Payment Amount: Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month Floating Rate Reset Dates: The first day of each Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Dates: Monthly, on the 25th day of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Dates. Business Days: New York and Santa Ana, CA Calculation Agent: GSCM

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-2 Asset-Backed Certificates, Series 2005-2)

FIXED AMOUNTS. Fixed Rate Payer (Cap Buyer): Counterparty. Amount Payer: Counterparty Fixed Rate Payer Amount: USD 122,000.00 Fixed Amount Payment Date: July 15, 2005 Floating Rate Payer : BNY Cap Rate : For each Calculation Period, as set forth for such period on Schedule I attached hereto Floating Rate Payer Period End Dates: The Effective 25th calendar day of each month during the Term of this Transaction, commencing September 25, 2005, and ending on the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Floating Rate Payer Payment Dates: Monthly, on the day which is one Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two (12) Business Day prior to Days preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA; provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period shall be deemed to be 10.00%. Floating Rate Payer Payment Amount: Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM BNY and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Option: USD-LIBOR-BBA; provided, however, if the Floating Rate Option for a Calculation Period is greater than 10.25% then the Floating Rate Option for such Calculation Period shall be deemed equal to 10.25%. Designated Maturity: 1 Month One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Floating Rate Day Count FractionPeriod Compounding: Actual/360 Floating Rate Period End Dates: Monthly, on the 25th day of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Dates. Inapplicable Business Days: New York and Santa Ana, CA Business Day Convention: Following Calculation Agent: GSCMBNY

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl1 Asset-Backed Certificates, Series 2005-Wl1)

FIXED AMOUNTS. Fixed Rate Payer (Cap Buyer): CounterpartyAmount Payer: Counterparty represents and warrants that it has directed Greenwich Capital Markets, Inc. to make payment of the Fixed Amount on its behalf. Fixed Rate Payer Amount: USD 3,700,000.00 Fixed Amount Payment Date: September 15, 2006 Floating Rate Payer: BNY Cap Rate: 5.30% Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 9.50% then the Floating Rate Option for such Calculation Period shall be deemed equal to 9.50%. Floating Amount: To be determined in accordance with the following formula: 250 * (the excess if any of Floating Rate Option over Cap Rate) * Notional Amount * Floating Rate Day Count Fraction. Designated Maturity: One month Spread: Inapplicable Floating Rate Payer Period End Dates: The Effective 25th day of each month, beginning on March 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Floating Rate Payer Payment Dates: Monthly, on the day which is Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day prior to preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA; provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period shall be deemed to be 10.00%. Floating Rate Payer Payment Amount: Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month Floating Rate Reset Dates: The first day of each Calculation Period. Floating Rate Day Count FractionPeriod Compounding: Actual/360 Floating Rate Period End Dates: Monthly, on the 25th day of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Dates. Inapplicable Business DaysDays for Payments By both parties: New York and Santa Ana, CA Calculation Agent: GSCMBNY

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Eq1)

FIXED AMOUNTS. Fixed Rate Payer (Cap Buyer): Counterparty. Fixed Rate Payer Payment Date: The Effective Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 195,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Business Day prior to each Floating Rate Period End Date. Floating Rate Option: USD-LIBOR-BBA; provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period shall be deemed to be 10.00%. Floating Rate Payer Payment Amount: Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month Floating Rate Reset Dates: The first day of each Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Dates: Monthly, on the 25th day of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Dates. Business Days: New York and Santa Ana, CA Calculation Agent: GSCM

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-2 Asset-Backed Certificates, Series 2005-2)

FIXED AMOUNTS. Fixed Rate Payer (Cap Buyer): Counterparty. Fixed Rate Payer Payment Date: The Effective Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 225,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Business Day prior to each Floating Rate Period End Date. Floating Rate Option: USD-LIBOR-BBA; provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.009.50% then the Floating Rate for such Calculation Period shall be deemed to be 10.009.50%. Floating Rate Payer Payment Amount: Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month Floating Rate Reset Dates: The first day of each Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Dates: Monthly, on the 25th day of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Dates. Business Days: New York and Santa Ana, CA Calculation Agent: GSCM

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-2 Asset-Backed Certificates, Series 2005-2)

FIXED AMOUNTS. Fixed Rate Payer: Party B Fixed Amount: (Premium) USD 375,000.00, paid by Party B to Party A on the Fixed Rate Payer (Cap Buyer): CounterpartyPayment Date, subject to Adjustment in accordance with the Following Business Day Convention. Fixed Rate Payer Payment Date: 6 January 2005 Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The Effective 25th of each month, commencing on 25 February 2005 through and including the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Convention Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Two Business Day Days prior to each Floating Rate Payer Period End Date. Date Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA; , provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period Option shall be deemed to be 10.00%% for such Calculation Period. Floating Rate Payer Payment Amount: Amount Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM Party A and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Cut-off Dates: Monthly, on the 25th day Inapplicable Method of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Averaging: Inapplicable Compounding: Inapplicable Compounding Dates. : Inapplicable Business DaysDays for payment: New York and Santa Ana, CA Calculation Agent: GSCMGreenwich Capital Markets, Inc. (as agent for Party A)

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-1, Asset-Backed Certs., Series 2005-1)

FIXED AMOUNTS. Fixed Rate Payer: Party B Fixed Amount: (Premium) USD 400,000, paid by Party B to Party A on the Fixed Rate Payer (Cap Buyer): CounterpartyPayment Date, subject to Adjustment in accordance with the Following Business Day Convention. Fixed Rate Payer Payment Date: 6 January 2005 Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The Effective 25th of each month, commencing on 25 February 2005 through and including the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Convention Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Two Business Day Days prior to each Floating Rate Payer Period End Date. Date Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA; , provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period Option shall be deemed to be 10.00%% for such Calculation Period. Floating Rate Payer Payment Amount: Amount Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM Party A and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Cut-off Dates: Monthly, on the 25th day Inapplicable Method of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Averaging: Inapplicable Compounding: Inapplicable Compounding Dates. : Inapplicable Business DaysDays for payment: New York and Santa Ana, CA Calculation Agent: GSCMGreenwich Capital Markets, Inc. (as agent for Party A)

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-1, Asset-Backed Certs., Series 2005-1)

FIXED AMOUNTS. Fixed Rate Payer: Party B Fixed Amount: (Premium) USD 265,000.00, paid by Party B to Party A on the Fixed Rate Payer (Cap Buyer): CounterpartyPayment Date, subject to Adjustment in accordance with the Following Business Day Convention. Fixed Rate Payer Payment Date: 6 January 2005 Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The Effective 25th of each month, commencing on 25 February 2005 through and including the Termination Date, subject to adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. Floating Amounts: Floating Rate Payer (Cap Seller): GSCM Cap Rate: As set forth on Schedule A attached hereto for each Calculation Period. Convention Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Two Business Day Days prior to each Floating Rate Payer Period End Date. Date Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA; , provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.00% then the Floating Rate for such Calculation Period Option shall be deemed to be 10.00%% for such Calculation Period. Floating Rate Payer Payment Amount: Amount Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM Party A and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Cut-off Dates: Monthly, on the 25th day Inapplicable Method of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Averaging: Inapplicable Compounding: Inapplicable Compounding Dates. : Inapplicable Business DaysDays for payment: New York and Santa Ana, CA Calculation Agent: GSCMGreenwich Capital Markets, Inc. (as agent for Party A)

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-1, Asset-Backed Certs., Series 2005-1)

FIXED AMOUNTS. Fixed Rate Payer Payer: Party B Fixed Amount: (Cap Buyer): Counterparty. Premium) USD 3,390,000, paid by Party B to Party A on the Fixed Rate Payer Payment Date: The Effective Date, subject to adjustment Adjustment in accordance with the Modified Following Business Day Convention. Fixed Amount: USD 115,000 payable by Counterparty to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Markets, L.P. on the Fixed Rate Payer Payment Date. : 5 February 2004 Floating AmountsRate Payer: Party A Floating Rate Payer (Cap Seller): GSCM Cap RatePeriod End Dates: As set forth on Schedule A attached hereto for The 25th of each Calculation Period. month, commencing 25 March 2004 through and including the Termination Date, subject to adjustment in accordance with Modified Following Business Day Convention Floating Rate Payer Payment Dates: Monthly, on the day which is one (1) Two Business Day Days prior to each Floating Rate Payer Period End Date. Date Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA; , provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than or equal to 10.009.25% then the Floating Rate for such Calculation Period Option shall be deemed to be 10.00%9.25% for such Calculation Period. Floating Rate Payer Payment Amount: Amount Notional Amount times the Floating Rate Day Count Fraction times (Floating Rate Option minus Cap Rate); provided, however, that no payment shall be made by GSCM Party A and the Floating Rate Payer Payment Amount shall be zero if the Floating Rate Option is less than or equal to the Cap Rate. Floating Rate Designated Maturity: 1 Month month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Floating Rate Payer Calculation Period. Floating Rate Day Count Fraction: Actual/360 Floating Rate Period End Cut-off Dates: Monthly, on the 25th day Inapplicable Method of each month, commencing on May 25, 2005 and ending on the Termination Date, with no adjustment to such Floating Rate Period End Averaging: Inapplicable Compounding: Inapplicable Compounding Dates. : Inapplicable Business DaysDays for payment: New York and Santa Ana, CA Calculation Agent: GSCMParty A

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Certs Ser 2004-1)