Interest Calculation. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;
Appears in 16 contracts
Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Nc3), Assignment and Recognition Agreement (MASTR Asset Backed Securities Trust 2006-He2), Loan Purchase and Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)
Interest Calculation. Interest on each Mortgage Loan is calculated on the basis of a 360-day three hundred sixty (360)-day year consisting of twelve 30-day (12) thirty (30)-day months;
Appears in 5 contracts
Samples: Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)
Interest Calculation. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;.
Appears in 4 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2012-3), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2012-2), Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2012-1)
Interest Calculation. Interest At the Borrower's option, interest on each Mortgage Loan is shall be calculated (i) on the basis of a 360-day year consisting and the actual number of days in the period for which interest is being calculated, or (ii) on the basis of a 360-day year and twelve (12) 30-day months;.
Appears in 3 contracts
Samples: Master Financing Agreement, Master Financing Agreement (Associated Estates Realty Corp), Master Financing Agreement (Associated Estates Realty Corp)
Interest Calculation. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;; and
Appears in 1 contract
