Common use of Determination of Monthly Interest Clause in Contracts

Determination of Monthly Interest. (a) The amount of monthly interest with respect to the Class A Certificates for any Interest Period shall be an amount equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) the Class ----- A Certificate Rate in effect with respect to the related Interest Period, and (ii) the outstanding principal balance of the Class A Certificates determined as of the close of business on the Distribution Date preceding the related Transfer Date (after giving effect to all of the transactions occurring on such date) (the "Class A Monthly Interest"); provided, however, that with respect to the -------- ------- first Distribution Date, Class A Monthly Interest will include accrued interest at the Class A Certificate Rate from the Closing Date through April 14, 1998; provided, further, that in addition -------- -------

Determination of Monthly Interest. (a) The amount of monthly interest with respect distributable to the Class A Certificates for any Interest Period shall be an amount equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) the Class ----- A Certificate Rate in ----- effect with respect to the related Interest Period, and (ii) the outstanding principal balance of the Class A Certificates determined as of the close of business on the Distribution Date preceding the related Transfer Date (after giving effect to all of the transactions occurring on such date) (the "Class A Monthly Interest"); provided, however, that with respect to the first -------- ------- first Distribution Date, Class A Monthly Interest will include include, accrued interest at the Class A Certificate Rate from the Closing Date through April January 14, 1998; provided, further, that in addition to Class A Monthly Interest an amount equal -------- -------------- to the amount of any unpaid Class A Deficiency Amounts, as defined below, plus an amount equal to the product of (A) (1) a fraction, the numerator of

Determination of Monthly Interest. (a) The amount of monthly interest with respect distributable to the Class A Certificates for any Interest Period shall be an amount equal to the product of (i)(Ai) (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) (i) the Class ----- A Certificate Rate in effect with respect to the related Interest Period, and (ii) the outstanding principal balance of the Class A Certificates determined as of the close of business on the Distribution Date preceding the related Transfer Date (after giving effect to all of the transactions occurring on such date) (the "Class A Monthly Interest"); provided, however, that with respect to the -------- ------- first Distribution Date, Class A Monthly Interest will include include, accrued interest at the Class A Certificate Rate from the Closing Date through April 14August 15, 19981999; provided, further, that in addition -------- -------to Class A Monthly Interest an amount equal to the amount of any unpaid Class A Deficiency Amounts, as defined below, plus an amount equal to the product of (A) (1) a fraction, the numerator

Determination of Monthly Interest. (a) The amount of monthly interest with respect distributable to the Class A Certificates for any Interest Period shall be an amount equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) the Class ----- A Certificate Rate ----- in effect with respect to the related Interest Period, and (ii) the outstanding principal balance of the Class A Certificates determined as of the close of business on the Distribution Date preceding the related Transfer Date (after giving effect to all of the transactions occurring on such date) (the "Class A Monthly Interest"); provided, however, that with respect in addition to the -------- ------- first Distribution Date, Class A Monthly Interest will include accrued interest at an amount equal to the amount of any unpaid Class A Deficiency Amounts, as defined below, plus an amount equal to the product of (A) (1) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (2) the ----- sum of the Class A Certificate Rate from in effect with respect to the Closing Date through April 14related Interest Period, 1998; provided, further, that in addition -------- -------plus 2%