Rating Agency. Each of Moody’s and S&P. Relief Act Reduction: With respect to any Mortgage Loan as to which there has been a reduction in the amount of the interest collectible thereon as a result of the application of the Servicemembers Civil Relief Act, as such may be amended from time to time, any amount by which interest collectible on such Mortgage Loan for the Due Date in the related Due Period is less than the interest accrued thereon for the applicable one month period at the Mortgage Interest Rate without giving effect to such reduction.
Appears in 28 contracts
Samples: Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2004-10), Servicing Agreement (Structured Asset Securities Corp. 2005-17), Servicing Agreement (Structured Asset Securities Corp. 2005-16)
Rating Agency. Each of Moody’s and S&P. Relief Act Reduction: With respect to any Mortgage Loan as to which there has been a reduction in the amount of the interest collectible thereon as a result of the application of the Servicemembers Soldiers’ and Sailors’ Civil Relief ActAct of 1940, as such may be amended from time to timeamended, any amount by which interest collectible on such Mortgage Loan for the Due Date in the related Due Period is less than the interest accrued thereon for the applicable one month period at the Mortgage Interest Rate without giving effect to such reduction.
Appears in 18 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-14), Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003-16), Servicing Agreement (Structured Asset Securities Corp Mo Pa Th Ce Ser 2003-25xs)
Rating Agency. Each of Moody’s and S&P. Relief Act Reduction: With respect to any Mortgage Loan as to which there has been a reduction whicx xxxxe xxs bexx x xxduction in the amount of the interest inxxxxxx collectible thereon as a result of the application of the Servicemembers Civil Relief Act, as such may be amended from time to time, any amount by which interest collectible on such Mortgage Loan for the Due Date in the related Due Period is less than the interest accrued thereon for the applicable one month period at the Mortgage Interest Rate without giving effect to such reduction.
Appears in 1 contract
Samples: Servicing Agreement (Lehman Abs Corp Mortgage Pass-Through Certs Series 2004-1)
Rating Agency. Each of Moody’s and S&P. Relief Act Reduction: With respect to any Mortgage Loan as to which there has been a reduction in the amount of the interest collectible thereon as a result of the application of the Servicemembers Civil Relief Act, as such may be amended from time to time, any amount by which interest collectible on such Mortgage Loan for the Due Date in the related Due Period is less than the interest accrued thereon for the applicable one month period at the Mortgage Interest Rate without giving effect to such reduction.
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2004 6xs)
