Common use of Additional A-R Class Distributions Clause in Contracts

Additional A-R Class Distributions. The Trustee shall distribute to the Holder of the A-R Class (whether held as a Combinable Residual Certificate or a Separate Residual Certificate) the proceeds of the remaining assets of the Upper Tier REMIC, if any, after the Class Balances of all Regular Certificates have been reduced to zero and all compensation and reimbursements to which the Master Servicer is entitled pursuant to the Sale and Servicing Agreement have been paid in full.

Appears in 1 contract

Samples: Trust Agreement

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Additional A-R Class Distributions. The Trustee shall distribute to the Holder of the A-R Class (whether held as a Combinable Residual Certificate or a Separate Residual Certificate) the proceeds of the remaining assets of the Upper Tier REMICTrust, if any, after the Class Balances of all Regular Certificates have been reduced to zero and all compensation and reimbursements to which the Master Servicer is entitled pursuant to the Sale and Servicing Agreement have been paid in full.

Appears in 1 contract

Samples: Trust Agreement

Additional A-R Class Distributions. The Trustee shall distribute to the Holder of the A-A- R Class (whether held as a Combinable Residual Certificate or a Separate Residual Certificate) the proceeds of the remaining assets of the Upper Tier REMICTrust, if any, after the Class Balances of all Regular Certificates have been reduced to zero and all compensation and reimbursements to which the Master Servicer is entitled pursuant to the Sale and Servicing Agreement have been paid in full.

Appears in 1 contract

Samples: Trust Agreement

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Additional A-R Class Distributions. The Trustee shall distribute to the Holder of the A-R Class (whether held as a Combinable Residual Certificate or a Separate Residual Certificate) the proceeds of the remaining assets of the Upper Tier REMICTrust, if any, after the Class Balances of all Regular Certificates have been reduced to zero and all compensation and reimbursements to which the Master Servicer is entitled pursuant to the Sale and Servicing Agreement have been paid in full.

Appears in 1 contract

Samples: Trust Agreement

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