Common use of Fixed Rate Payer Clause in Contracts

Fixed Rate Payer. Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Fixed Rate Payer Period End Date. Fixed Rate: 5.150% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-He1)

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Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007, subject to No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating For each Calculation Period, the Fixed Rate Payer Payment Date shall be one (1) the second Business Day preceding each prior to the related Fixed Rate Payer Period End Date. Fixed Rate: 5.1505.280% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August March 25, 2007 and ending on the Termination Date2007, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The For each Calculation Period, the Floating Rate Payer Payment Date shall be one (1) the second Business Day preceding each prior to the related Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Modified Following Calculation Agent: Party AA Upfront Payment: USD 2,958,000 to be paid by Party A to Barclays Capital Inc. on February 27, 2007. Account Details and Settlement Information:

Appears in 1 contract

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa1)

Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing December 25, 2006, subject to No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating For each Calculation Period, the Fixed Rate Payer Payment Date shall be one (1) the first Business Day preceding each prior to the related Fixed Rate Payer Period End Date. Fixed Rate: 5.1505.187% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August December 25, 2007 and ending on the Termination Date2006, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The For each Calculation Period, the Floating Rate Payer Payment Date shall be one (1) the first Business Day preceding each prior to the related Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Modified Following Calculation Agent: Party AA Account Details and Settlement Information:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Fr4)

Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing April 25, 2007, subject to No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating For each Calculation Period, the Fixed Rate Payer Payment Date shall be one (1) the Business Day preceding each prior to the related Fixed Rate Payer Period End Date. Fixed Rate: 5.1504.9047% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August April 25, 2007 and ending on the Termination Date2007, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The For each Calculation Period, the Floating Rate Payer Payment Date shall be one (1) the Business Day preceding each prior to the related Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Modified Following Calculation Agent: Party AA Account Details and Settlement Information:

Appears in 1 contract

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa2)

Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing December 25, 2006, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Fixed Rate Payer Payment Date shall be one (1) Business Day preceding each Fixed Rate Payer Period End Date. Fixed Rate: 5.1505.05% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August December 25, 2007 2006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party AA Additional Payment: Party B will pay to Party A USD $1,830,000 on the Effective Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Nc3)

Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing April 25, 2007, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicableapply. The Floating Each Fixed Rate Payer Payment Date shall be one (1) 1 Business Day preceding prior to each Fixed Rate Payer Period End Date. Fixed Rate: 5.1504.965% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August April 25, 2007 2007, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicableapply. The Each Floating Rate Payer Payment Date shall be one (1) 1 Business Day preceding prior to each Floating Rate Payer Period End Date. Floating Rate Payer Floating Rate for Initial Calculation Period: Linear Interpolation Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A

Appears in 1 contract

Samples: Custodial Agreement (Renaissance Home Equity Loan Trust 2007-1)

Fixed Rate Payer. Party A Fixed Rate Payer Period End Dates: The 25th day of each month, commencing on May 25, 2006, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Fixed Rate Payer Payment Date shall be one (1) Business Day preceding each Fixed Rate Payer Period End Date. Fixed Rate: 5.150% Rate 5.2775 per cent Fixed Rate Day Count Fraction: 30/360 Additional PaymentFixed Amount: USD 2,480,000 Additional Fixed Amount Payer: Party B agrees to pay Party A USD 940,000 on January 30Additional Fixed Amount Payment Date: April 28, 2007. 2006 Floating Amounts: Floating Rate Payer: Party A Counterparty Floating Rate Payer Period End Payment Dates: The 25th calendar day of each month during the Term of this Transactionmonth, commencing August on May 25, 2007 and ending on the Termination Date2006, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One 1 month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Period Compounding: Inapplicable Calculation Agent: Party A Business Days: New York Business Day Convention: Following Calculation Agent: Party AAdditional Termination Events:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-He2)

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Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing March 25, 2007, subject to No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating For each Calculation Period, the Fixed Rate Payer Payment Date shall be one (1) the second Business Day preceding each prior to the related Fixed Rate Payer Period End Date. Fixed Rate: 5.1505.240% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August March 25, 2007 and ending on the Termination Date2007, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The For each Calculation Period, the Floating Rate Payer Payment Date shall be one (1) the second Business Day preceding each prior to the related Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Modified Following Calculation Agent: Party AA Upfront Payment: USD 2,154,000 to be paid by Party A to Barclays Capital Inc. on February 27, 2007. Account Details and Settlement Information:

Appears in 1 contract

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa1)

Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing December 25, 2007, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Fixed Rate Payer Period End Date. Fixed Rate: 5.1505.05% Fixed Rate Day Count Fraction: 30/360 Additional Fixed Payment: Party B agrees to pay Party A USD 940,000 on January On May 30, 2007, Party B will make a payment to Party A of USD$470,000.00. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August December 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-Asap2)

Fixed Rate Payer. Party B Fixed Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing November 25, 2007, and ending on the Termination Date, with No Adjustment. Fixed Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Fixed Rate Payer Period End Date. Fixed Rate: 5.1504.9675% Fixed Rate Day Count Fraction: 30/360 Additional Payment: Party B agrees to pay Party A USD 940,000 on January 30, 2007. Floating Amounts: Floating Rate Payer: Party A Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing August November 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Global No. N606256N Page 3 of 26 Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A

Appears in 1 contract

Samples: Distribution Instructions (ACE Securities Corp. Home Equity Loan Trust, Series 2007-He4)

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