Common use of PO Portion Clause in Contracts

PO Portion. In the case of a Discount Loan and any date (i) the Scheduled Principal Balance of such Discount Loan for such date multiplied by (ii) the PO Percentage for such Discount Loan.

Appears in 16 contracts

Sources: Trust Agreement (NYMT Securities CORP), Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc10)