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

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls. The Servicer shall deliver to the Indenture Trustee for deposit into the Payment Account by 1:00 p.m. New York time on the Servicer Remittance Date from its own funds an amount equal to the lesser of (i) the aggregate of the Prepayment Interest Shortfalls for the related Payment Date resulting from full or partial Principal Prepayments during the related Prepayment Period and (ii) the aggregate Servicing Fee for the related Prepayment Period. Any amounts paid by the Servicer pursuant to this Section 3.24 shall not be reimbursed by the Trust Estate.

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls. The Servicer shall deliver to the Indenture Trustee for deposit into the Payment Certificate Account by 1:00 p.m. New York time on the Servicer Remittance Date from its own funds an amount equal to the lesser of (i) the aggregate of the Prepayment Interest Shortfalls for the related Payment Distribution Date resulting from full or partial Principal Prepayments in full during the related Prepayment Period or Principal Prepayments in part during the immediately preceding calendar month and (ii) the aggregate Servicing Fee for the related Prepayment Due Period. Any amounts paid by the Servicer pursuant to this Section 3.24 shall not be reimbursed by any Trust REMIC or the Trust EstateFund.

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls. The Servicer shall deliver to the Indenture Trustee for deposit into the Payment Account by 1:00 4:00 p.m. New York time on the Servicer Remittance Date from its own funds an amount equal to the lesser of (i) the aggregate of the Prepayment Interest Shortfalls for the related Payment Date resulting from full or partial Principal Prepayments during the related Prepayment Period and (ii) the aggregate Servicing Fee for the related Prepayment Period. Any amounts paid by the Servicer pursuant to this Section 3.24 shall not be reimbursed by the Trust Estate.

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls. The Servicer shall deliver to the Indenture Trustee for deposit into the Payment Distribution Account by 1:00 3:00 p.m. New York time on the Servicer Remittance Date from its own funds an amount equal to the lesser of (i) the aggregate of the Prepayment Interest Shortfalls for the related Payment Distribution Date resulting from full or partial Principal Prepayments during the related Prepayment Period and (ii) the aggregate Servicing Fee for the related Prepayment Period. Any amounts paid by the Servicer pursuant to this Section 3.24 shall not be reimbursed by any Trust REMIC or the Trust EstateFund.

Obligations of the Servicer in Respect of Prepayment Interest Shortfalls. The Each Servicer shall deliver to the Indenture Trustee for deposit into the Payment Distribution Account by 1:00 3:00 p.m. New York time on the Servicer Remittance Date from its own funds an amount equal to the lesser of (i) the aggregate of the Prepayment Interest Shortfalls for the related Payment Distribution Date resulting from full or partial Principal Prepayments during the related Prepayment Period and (ii) the aggregate Servicing Fee for the related Servicer for the related Prepayment Period. Any amounts paid by the Servicer pursuant to this Section 3.24 shall not be reimbursed by any Trust REMIC or the Trust EstateFund.