Additional Provisions with Respect to Distributions. (i) Distributions on the Certificates will be calculated on a 30/360 basis (i.e., assuming that a year consists of 12 months of 30 days each). With respect to the First Distribution Date, the Trustee Fee and the Administrator Fee shall be prorated for the number of days in the Accrual Period.
(ii) Distributions shall be in $0.01 increments.
(iii) In the event that the Distribution Account includes Portfolio Asset Premium and all Distributions due on the Class B-1 Certificates have not been made, the Trustee shall distribute such Portfolio Asset Premium to the Class B-1 Holders until the Class B-1 Holders have received all Distributions due on the Class B-1 Certificates.
(iv) A Holder is not required to present its Certificate to the Trustee to receive any Distribution, other than in connection with the final payment of such Certificate.
(v) Once the Certificate Balance of any class of Certificates is reduced to zero, the Trustee has paid all accrued but unpaid Distribution in respect of Portfolio Asset Interest pursuant to this Section, such Class of Certificates shall be canceled and shall no longer be outstanding.
Additional Provisions with Respect to Distributions. (i) Distributions of Certificate Interest on the Certificates will be calculated on a 30/360 basis (i.e., assuming that a year consists of 12 months of 30 days each).
(ii) Distributions of Certificate Principal payments pursuant to Section 4.02(b) shall be in $0.01 increments.
(iii) A Holder is not required to present its Certificate to the Trustee to receive any Distribution, other than in connection with the final payment of such Certificate. Any Class A Certificate receiving payment in full of its Certificate Balance and its Distribution in respect of Certificate Interest pursuant to this Section shall be cancelled upon receipt of such payment and shall no longer be outstanding.
