Common use of Calculations With Respect to Accrued Interest Clause in Contracts

Calculations With Respect to Accrued Interest. Accrued interest, if any, on any Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.

Appears in 21 contracts

Sources: Transfer and Servicing Agreement (Homebanc Corp), Transfer and Servicing Agreement (Homebanc Corp), Sale and Servicing Agreement (Indymac Abs Inc)

Calculations With Respect to Accrued Interest. Accrued interest, if any, on any Note shall be calculated based upon a 360-day year and the actual number of days in each Interest Accrual Period.

Appears in 3 contracts

Sources: Transfer and Servicing Agreement (FBR Securitization, Inc.), Transfer and Servicing Agreement (FBR Securitization Trust 2005-1), Transfer and Servicing Agreement (First NLC Securitization, Inc.)

Calculations With Respect to Accrued Interest. [Accrued interest, if any, on any Note Certificate shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period].

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (TBALT Corp.), Pooling and Servicing Agreement (HMB Acceptance Corp.)

Calculations With Respect to Accrued Interest. [Accrued interest, if any, on any Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period].

Appears in 2 contracts

Sources: Transfer and Servicing Agreement (TBALT Corp.), Transfer and Servicing Agreement (HMB Acceptance Corp.)

Calculations With Respect to Accrued Interest. Accrued interest, if any, on any Note Certificate shall be calculated based upon a 360-day year and the actual number of days in each Interest Accrual Period.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (First NLC Trust 2005-2)