Prepayment Interest Shortfalls. Not later than the close of business on the Business Day preceding each Remittance Date, the Company shall from its own funds deposit in the Custodial Account an amount equal to the aggregate Prepayment Interest Shortfall, if any, existing in respect of the related Principal Prepayment Period.
Appears in 24 contracts
Samples: Reconstituted Servicing Agreement (Luminent 2006-4), Flow Sale and Servicing Agreement (GSR 2006-Ar2), Flow Sale and Servicing Agreement (GSR Mortgage Loan Trust 2006-Ar1)
Prepayment Interest Shortfalls. Not later than the close of business on the Business Day preceding each Remittance DateDate in the month following the related Prepayment Period, the Company shall from its own funds deposit in the Custodial Account an amount equal to any Prepayment Interest Shortfalls with respect to such Prepayment Period, which in the aggregate Prepayment Interest Shortfall, if any, existing in shall not exceed the Company's aggregate Servicing Fee received with respect of to the related Principal Prepayment Due Period.
Appears in 7 contracts
Samples: Recognition Agreement (Bear Stearns ALT-A Trust 2006-1), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2007-3), Pooling and Servicing Agreement (Bear Stearns ALT-A Trust 2006-7)
Prepayment Interest Shortfalls. Not later than the close of business on the Business Day preceding each Remittance DateDate in the month following the related Prepayment Period, the Company shall from its own funds deposit in the Custodial Account an amount equal to any Prepayment Interest Shortfalls with respect to such Prepayment Period, which in the aggregate Prepayment Interest Shortfall, if any, existing in shall not exceed the Company’s aggregate Servicing Fee received with respect of to the related Principal Prepayment Due Period.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac5), Assumption and Recognition Agreement (SACO I Trust 2006-5), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac6)
Prepayment Interest Shortfalls. Not later than the close of business on the Business Day preceding each Remittance Date, the Company Seller shall from its own funds deposit in the Custodial Account an amount equal to the aggregate Prepayment Interest Shortfall, if any, existing in respect of the related Principal Prepayment Period.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2007-1)
Prepayment Interest Shortfalls. Not later than the close of business on the Business Day preceding each Remittance Date, the Company Seller shall from its own funds deposit in the Custodial Account an amount equal to the aggregate Prepayment Interest Shortfall, if any, existing in respect of the related Principal Prepayment Period.. Exhibit 10.10 ARTICLE VI
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2007-4)
