Common use of Interest Calculations Clause in Contracts

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 116 contracts

Samples: Pooling and Servicing Agreement (Banc of America Mort Sec Inc Mort Pass THR Certs Ser 2003-3), Pooling and Servicing Agreement (Banc of America Mort Sec Inc Mort Pass THR Cert Ser 2003-C), Pooling and Servicing Agreement (Banc of America Mortgage 2008-a Trust)

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Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.

Appears in 72 contracts

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2007-A)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny pxxxx with one-half of one penny pxxxx being rounded down.

Appears in 16 contracts

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2006-A), Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 2001-D), Pooling and Servicing Agreement (Bank of America Mortgage Sec Inc Mor Ps THR Cer Ser 2001-A)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-2 Trust)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with pennx xxxh one-half of one penny being pennx xxxng rounded down.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-5 Trust), Custodial Agreement (SunTrust Alternative Loan Trust, Series 2005-1f), Pooling and Servicing Agreement (Banc of America Funding 2007-E Trust)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one xx xne penny being rounded downxxxx.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-1 Trust), Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-6 Trust), Pooling and Servicing Agreement (Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-7 Trust)

Interest Calculations. All calculations of interest with respect to the Certificates will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2006-J Trust)

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Interest Calculations. All calculations xxxxxlations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-4 Trust), Pooling and Servicing Agreement (Banc of America Funding 2005-8 Trust)

Interest Calculations. [All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny xxxxx with one-half of one penny xxxxx being rounded down.]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)

Interest Calculations. All Xxx calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2004-5 Trust)

Interest Calculations. All calculations of interest will be made on a 360-day year consisting of twelve (12) 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny pxxxx with one-half of one penny pxxxx being rounded down.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-6 Trust)

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