No Negative Amortization. Other than the ARD Loans, which may have negative amortization from and after their respective Anticipated Repayment Dates, the Mortgage Loan does not provide for a shared appreciation or equity participation feature, any other contingent or additional interest feature or the negative amortization of interest.
Appears in 3 contracts
Samples: Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1), Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1), Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1)
No Negative Amortization. Other than the ARD Loans, which may have negative amortization from and after their respective Anticipated Repayment Dates, the no Mortgage Loan does not provide provides for a shared appreciation or equity participation feature, any other contingent or additional interest feature or the negative amortization of interest.
Appears in 2 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V), Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V)
