Common use of Prepayment Penalty Clause in Contracts

Prepayment Penalty. Except as noted otherwise on the Mortgage Loan Schedule, such Mortgage Loan is not subject to any Prepayment Penalty;

Appears in 46 contracts

Sources: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ar1), Indenture (Sequoia Mortgage Funding Corp), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-4)

Prepayment Penalty. Except as noted otherwise on the Mortgage Loan Schedule, such Mortgage Loan is not subject to any Prepayment Penaltyprepayment penalty;

Appears in 5 contracts

Sources: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Sequoia Mortgage Trust 2013-1), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Sequoia Mortgage Trust 2012-3), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Sequoia Mortgage Trust 2012-2)

Prepayment Penalty. Except as noted otherwise on the Mortgage Loan Schedule, such Mortgage Loan is not subject to any Prepayment PenaltyPenalty and all Prepayment Penalties are permitted by law;

Appears in 1 contract

Sources: Assignment, Assumption and Recognition Agreement (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4)