Common use of Interest Calculations Clause in Contracts

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 116 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-D), Pooling and Servicing Agreement (Banc of America Mortgage Trust 2005-12), Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2004-4)

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Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.

Appears in 72 contracts

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Asset Funding Trust, LLC), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2007-A)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny pxxxx with one-half of one penny pxxxx being rounded down.

Appears in 16 contracts

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2006-A), Pooling and Servicing Agreement (Banc of America Alternative Loan Trust 2003-3), Pooling and Servicing Agreement (Banc of America Alternative Loan Trust Series 2003 7)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2006-5 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-3 Trust)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with pennx xxxh one-half of one penny being pennx xxxng rounded down.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 5 contracts

Samples: Custodial Agreement (SunTrust Alternative Loan Trust, Series 2005-1f), Pooling and Servicing Agreement (Banc of America Funding 2007-E Trust), Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-7 Trust)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one xx xne penny being rounded downxxxx.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-6 Trust), Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-7 Trust), Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-1 Trust)

Interest Calculations. All calculations of interest with respect to the Certificates will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2006-J Trust)

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Interest Calculations. All calculations xxxxxlations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2005-8 Trust), Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-4 Trust)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny pxxxx with one-half of one penny pxxxx being rounded down.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-6 Trust)

Interest Calculations. [All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)

Interest Calculations. All Xxx calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2004-5 Trust)

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