Prepayment Penalty Schedule definition

Prepayment Penalty Schedule. A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Penalty Amount and the term during which such Prepayment Penalty Amount is imposed with respect to a Mortgage Loan.
Prepayment Penalty Schedule. As of any date, the list of Prepayment Penalties included in the Trust Fund on that date (including the Prepayment Penalty summary attached thereto). The Prepayment Penalty Schedule shall set forth the following information with respect to each Prepayment Penalty: o the Mortgage Loan account number;
Prepayment Penalty Schedule. As of any date, the list of Prepayment Penalties included in the Trust Fund on that date (including the Prepayment Penalty summary attached thereto). The Prepayment Penalty Schedule shall set forth the following information with respect to each Prepayment Penalty: · the Mortgage Loan account number; · a code indicating the type of Prepayment Penalty; · the state of origination in which the related Mortgage Property is located; · the first date on which a monthly payment is or was due under the related Mortgage Note; · the term of the Prepayment Penalty; · the original principal amount of the related Mortgage Loan; and · the Cut-off Date Principal Balance of the related Mortgage Loan. The Prepayment Penalty Schedule shall be amended from time to time by the Seller in accordance with this Agreement.

Examples of Prepayment Penalty Schedule in a sentence

  • Xxxxxxxx Title: Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (Including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _____________ __, ____ Xxxxxx, Xxxx & Xxxxxxxx Mortgage Corp.

  • Xxxxxxxxx Title: Assistant Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _______ __, 200_ Aurora Loan Services Inc.

  • Xxxx Xxxxxxxxxx Title: Executive Vice President Acknowledged By: CITIBANK, N.A., as Trustee By: /s/ Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxx Title: Assistant Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _______ __, 200_ Aurora Loan Services Inc.

  • Xxxxxx Title: Vice President Acknowledged By: HSBC Bank USA, National Association as Trustee By: /s/ Fxxxxxxx Xxxxxxx Name: Fxxxxxxx Xxxxxxx Title: Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) [To be retained in a separate closing binder entitled “LMT 2006-7 Mortgage Loan Schedules” at MxXxx Xxxxxx LLP] EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _______ __, 200_ Aurora Loan Services LLC 10000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attn: Jxxxxx X.

  • BANK NATIONAL ASSOCIATION, as Trustee and not individually By: /s/ Xxxxxxxxxxx Xxxxx Name: Xxxxxxxxxxx Xxxxx Title: Assistant Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION NOTICE _______ __, 200_ Aurora Loan Services Inc.

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  • The Company will deliver to, or upon the order of, the Representatives during the period when delivery of a Prospectus (or, in lieu thereof, the notice referred to under Rule 173(a) under the Act) (the “ Prospectus Delivery Period ”) is required under the Act, as many copies of the Prospectus in final form, or as thereafter amended or supplemented, as the Representatives may reasonably request.

  • Xxxx Xxxxxxxxxx Title: Executive Vice President Acknowledged By: LASALLE BANK NATIONAL ASSOCIATION, as Trustee and not individually By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Assistant Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _______ __, 200_ Aurora Loan Services Inc.

  • Txxx Xxxxxxxxxx Title: Executive Vice President Acknowledged By: LASALLE BANK NATIONAL ASSOCIATION, as Trustee and not individually By: Name: Title: EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _______ __, 200_ Aurora Loan Services Inc.

  • Xxxx Xxxxxxxxxx Title: Executive Vice President Acknowledged By: CITIBANK, N.A., as Trustee and not individually By: _/s/ Xxxxx Schluter_______________ Name: Xxxxx Xxxxxxxx Title: Vice President EXHIBIT A MORTGAGE LOAN SCHEDULE (including Prepayment Penalty Schedule) EXHIBIT B CUSTODIAL ACCOUNT CERTIFICATION _______ __, 200_ Aurora Loan Services Inc.


More Definitions of Prepayment Penalty Schedule

Prepayment Penalty Schedule. As of the Cut-off Date, a list attached hereto as Schedule I (including the prepayment penalty summary attached thereto), setting forth the following information with respect to each prepayment penalty:

Related to Prepayment Penalty Schedule

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • Prepayment Penalty With respect to each Mortgage Loan, the amount of any premium or penalty required to be paid by the Mortgagor if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

  • Prepayment Charge Schedule As of any date, the list of Prepayment Charges included in the Trust Fund on such date, attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Prepayment Premiums Any prepayment fees and penalties to be paid by the Mortgagor on a Mortgage Loan.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Penalty Charge Notice means a notice issued or served by a parking attendant pursuant to the provisions of Section 43 and Section 66 of the 1991 Act;

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Mandatory Prepayment Amount for any Debenture means the greater of (i) the sum of (x) 120% of the principal amount of the Debenture to be prepaid and (y) all other amounts, costs, interest, expenses and liquidated damages due in respect of such principal amount and (ii) the sum of (x) at the option of the Holder, either (I) the principal amount of the Debenture to be repaid, plus all accrued and unpaid interest thereon, divided by the Conversion Price on the date the Mandatory Prepayment Amount is demanded or otherwise due, multiplied by the Per Share Market Value on the date the Mandatory Prepayment Amount is demanded or otherwise due or (II) the principal amount of the Debenture to be prepaid, plus all accrued and unpaid interest thereon, divided by the lower of either the Conversion Price or the Average Price on the Trading Day immediately prior to the date the Mandatory Prepayment Amount is paid in full, multiplied by the Per Share Market Value on the Trading Day immediately prior to the date the Mandatory Prepayment Amount is paid in full, and (y) all other amounts, costs, interest, expenses and liquidated damages due in respect of such principal amount.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Excess Prepayment Interest Shortfall With respect to any Distribution Date, the aggregate of any Prepayment Interest Shortfalls resulting from any Principal Prepayments made on the Mortgage Loans to be included in the Aggregate Available Funds for such Distribution Date that are not covered by the Master Servicer’s Compensating Interest Payment for such Distribution Date and/or the portion of any compensating interest payments allocable to any Outside Serviced Mortgage Loan to the extent received from the related Outside Master Servicer.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Applicable Prepayment Premium means, as of any date of determination, an amount equal to (a) during the period of time from and after the date of the execution and delivery of this Agreement up to the date that is the first anniversary of the Closing Date, $1,500,000, (b) during the period of time from and including the date that is the first anniversary of the Closing Date up to the date that is the second anniversary of the Closing Date, $1,200,000, (c) during the period of time from and including the date that is the second anniversary of the Closing Date up to the date that is the third anniversary of the Closing Date, $900,000, (d) during the period of time from and including the date that is the third anniversary of the Closing Date up to the date that is the fourth anniversary of the Closing Date, $600,000, and (e) during the period of the time from and including the date that is the fourth anniversary of the Closing Date up to the last day of the 54th complete calendar month following the Closing Date, $300,000.

  • Prepayment Period With respect to any Distribution Date, the calendar month preceding the calendar month in which such Distribution Date occurs.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Reportable Modified Mortgage Loan Any Mortgage Loan that (i) has been subject to an interest rate reduction, (ii) has been subject to a term extension or (iii) has had amounts owing on such Mortgage Loan capitalized by adding such amount to the Stated Principal Balance of such Mortgage Loan; provided, however, that a Mortgage Loan modified in accordance with clause (i) above for a temporary period shall not be a Reportable Modified Mortgage Loan if such Mortgage Loan has not been delinquent in payments of principal and interest for six months since the date of such modification if that interest rate reduction is not made permanent thereafter.

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.