Common use of Gross Margin Clause in Contracts

Gross Margin. 19- Group I Interest Remittance Amount..................................................-19- Group I Mortgage Loans..............................................................-19- Group I Principal Distribution Amount...............................................-19- Group I Principal Remittance Amount.................................................-19- Group II Interest Remittance Amount................................................-19- Group II Mortgage Loans.............................................................-20- Group II Principal Distribution Amount..............................................-20- Group II Principal Remittance Amount................................................-20- Independent.........................................................................-20- Independent Contractor..............................................................-20- Index ...........................................................................-21- Insurance Proceeds..................................................................-21- Interest Accrual Period.............................................................-21- Interest Carry Forward Amount.......................................................-21- Interest Determination Date.........................................................-21- Interest Distribution Amount........................................................-22-

Gross Margin. 19- Group I Interest Remittance Amount......................................................................... -19- Group I Mortgage Loans................................................................................................. -19- Group I Principal Distribution Amount................................................................... -19- Group I Principal Remittance Amount.................................................-19- ...................... -20- Group II Interest Remittance Amount................................................-19- ..................... -20- Group II Mortgage Loans............................................................................................... -20- Group II Principal Distribution Amount................................................................. -20- Group II Principal Remittance Amount..................................................................... -20- Independent....................................................................................................................... -20- Independent Contractor..............................................................-20- Index .............................................................................................................. -21- Index.................................................... -21- Insurance Proceeds......................................................................................................... -21- Interest Accrual Period............................................................................................... -21- Interest Carry Forward Amount................................................................................... -21- Interest Determination Date.........................................................-21- Interest Distribution Amount...................................................................................... -22-

Gross Margin. 19- Group I Interest Remittance Amount..................................................-19- Group I Mortgage Loans..............................................................-19- Group I Principal Distribution Amount...............................................-19- Group I Principal Remittance Amount.................................................-19- Group II Interest Remittance Amount................................................-19- Group II Mortgage Loans.............................................................-20- -19- Group II Principal Distribution Amount..............................................-20- Group II Principal Remittance Amount................................................-20- Independent.........................................................................-20- Independent Contractor..............................................................-20- Index ...........................................................................-21- Insurance Proceeds..................................................................-21- Interest Accrual Period.............................................................-21- Interest Carry Forward Amount.......................................................-21- Interest Determination Date.........................................................-21- Interest Distribution Amount........................................................-21- Interest Remittance Amount..........................................................-21- Late Collections....................................................................-22-

Gross Margin. 19- 15 Group I Interest Remittance Amount..................................................-19- Group I Mortgage Loans..............................................................-19- Group I Principal Distribution Amount...............................................-19- Group I Principal Remittance Amount.................................................-19- Group II Interest Remittance Amount................................................-19- Group II Mortgage Loans.............................................................-20- Group II Principal Distribution Amount..............................................-20- Group II Principal Remittance Amount................................................-20- Independent.........................................................................-20- Independent Contractor..............................................................-20- Index ...........................................................................-21- Insurance Proceeds..................................................................-21- Interest Accrual Period.............................................................-21- Interest Carry Forward Amount.......................................................-21- Interest Determination Date.........................................................-21- Interest I-A Available Distribution Amount........................................................-22-16 Group I-A Mortgage Loan........................................................................16 Group I-A Senior Percentage....................................................................16 Group I-A Subordinate Percentage...............................................................17 Group I-B Available Distribution Amount........................................................17 Group I-B Mortgage Loan........................................................................18 Group I-B Senior Percentage....................................................................18 Group I-B Subordinate Percentage...............................................................18 Group II-A Available Distribution Amount.......................................................18 Group II-A Mortgage Loan.......................................................................19 Group II-A Senior Percentage...................................................................19 Group II-A Subordinate Percentage..............................................................20 Group II-B Available Distribution Amount.......................................................20 Group II-B Mortgage Loan.......................................................................20 Group II-B Senior Percentage...................................................................20 Group II-B Subordinate Percentage..............................................................21

Gross Margin. 19- Group I Interest Remittance Amount..................................................-19- Group I Mortgage Loans..............................................................-19- Group I Principal Distribution Amount...............................................-19- Group I Principal Remittance Amount.................................................-19- -20- Group II Interest Remittance Amount................................................-19- -20- Group II Mortgage Loans.............................................................-20- Group II Principal Distribution Amount..............................................-20- Group II Principal Remittance Amount................................................-20- Independent.........................................................................-20- Independent Contractor..............................................................-20- -21- Index ...........................................................................-21- Insurance Proceeds..................................................................-21- Interest Accrual Period.............................................................-21- Interest Carry Forward Amount.......................................................-21- -22- Interest Determination Date.........................................................-21- Interest Distribution Amount........................................................-22-

Gross Margin. 19- Group I Interest Remittance Amount..................................................-19- Group I Mortgage Loans..............................................................-19- Group I Principal Distribution Amount...............................................-19- Group I Principal Remittance Amount.................................................-19- -20- Group II Interest Remittance Amount................................................-19- -20- Group II Mortgage Loans.............................................................-20- Group II Principal Distribution Amount..............................................-20- Group II Principal Remittance Amount................................................-20- Independent.........................................................................-20- Independent Contractor..............................................................-20- Index ...........................................................................-21- Insurance Agreement.................................................................-21- Insurance Proceeds..................................................................-21- Interest Accrual Period.............................................................-21- Interest Carry Forward Amount.......................................................-21- Interest Determination Date.........................................................-21- Interest Distribution Amount........................................................-21- Interest Remittance Amount..........................................................-22- Last Scheduled Distribution Date....................................................-22-

Gross Margin. 19- Group I Interest Remittance Amount..................................................Amount ......................... -19- Group I Mortgage Loans..............................................................Loans ..................................... -19- Group I Principal Distribution Amount...............................................Amount ...................... -19- Group I Principal Remittance Amount.................................................-19- Amount ........................ -20- Group II Interest Remittance Amount................................................-19- Amount ....................... -20- Group II Mortgage Loans.............................................................Loans .................................... -20- Group II Principal Distribution Amount..............................................Amount ..................... -20- Group II Principal Remittance Amount................................................-20- Independent.........................................................................Amount ....................... -20- Independent Contractor.............................................................................................................. -20- Independent Contractor ..................................... -21- Index ................................................................................................................................. -21- Insurance Proceeds..................................................................Agreement ........................................ -21- Insurance Proceeds ......................................... -21- Interest Accrual Period.............................................................Period .................................... -21- Interest Carry Forward Amount.......................................................Amount .............................. -21- Interest Determination Date.........................................................-21- Interest Distribution Amount........................................................Detexxxxxxxxx Xxxx ................................ -22-