Common use of Obligation of the Master Servicer in Respect of Prepayment Interest Shortfalls Clause in Contracts

Obligation of the Master Servicer in Respect of Prepayment Interest Shortfalls. In the event a Prepayment Interest Shortfall occurs that is not otherwise covered by Compensating Interest payments by a Servicer, the Master Servicer shall deposit in the Master Servicer Collection Account not later than the Master Servicer Remittance Date an amount equal to the lesser of (i) the aggregate amounts required to be paid by each Servicer with respect to Prepayment Interest Shortfalls attributable to Principal Prepayments on the related Mortgage Loans for the related Distribution Date, and not so paid by the Servicer, and (ii) the Master Servicing Fee for such Distribution Date, without reimbursement therefor.

Obligation of the Master Servicer in Respect of Prepayment Interest Shortfalls. In the event a Prepayment Interest Shortfall occurs that is not otherwise covered by and the Servicer defaults in its obligation to make Compensating Interest payments by a ServicerPayments, the Master Servicer shall deposit in the Master Servicer Collection Distribution Account not later than the Master Servicer Remittance Distribution Date an amount equal to the lesser of (i) the aggregate amounts required to be paid by each the Servicer with respect to Prepayment Interest Shortfalls attributable to Principal Prepayments on the related Mortgage Loans for the related Distribution Date, and not so paid by the Servicer, Servicer and (ii) the Master Servicing Securities Administrator Fee for such Distribution Date, without reimbursement therefor.

Obligation of the Master Servicer in Respect of Prepayment Interest Shortfalls. In the event a Prepayment Interest Shortfall occurs that is not otherwise covered by Compensating Interest payments by a the Servicer, the Master Servicer shall deposit in the Master Servicer Collection Account not later than the Master Servicer Remittance Date an amount equal to the lesser of (i) the aggregate amounts required to be paid by each the Servicer with respect to Prepayment Interest Shortfalls attributable to Principal Prepayments on the related Mortgage Loans for the related Distribution Date, and not so paid by the Servicer, and (ii) the Master Servicing Securities Administrator Fee for such Distribution Date, without reimbursement therefor.