Common use of Netting of Amounts Clause in Contracts

Netting of Amounts. If any Person paying the Termination Price would receive a portion of the amount so paid, such Person may net any such amount against the Termination Price otherwise payable.

Appears in 36 contracts

Sources: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997-01), Sale and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-2), Pooling and Servicing Agreement (Equivantage Acceptance Corp)

Netting of Amounts. If any Person paying the Termination Price would receive a portion of the amount so paid, such Person may net any such amount against the Termination Price otherwise payable.. 114 119

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1998-2)