Calculation of Certificate Distribution Amount or Other Amounts Sample Clauses

Calculation of Certificate Distribution Amount or Other Amounts. The Master Servicer will calculate or cause to be calculated the Certificate Distribution Amount, if any, for each Trust for each Distribution Date, and unless the Master Servicer and Trustee are the same Person, will advise the Trustee of that amount prior to that Distribution Date. On or before the Distribution Date, the Trustee will notify the Paying Agent, or cause the Paying Agent to be notified, of the Certificate Distribution Amount for that Distribution Date.
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Related to Calculation of Certificate Distribution Amount or Other Amounts

  • Distributions and Interest Amount (i) Interest Rate. "Interest Rate" for any day means, the Federal Funds Overnight Rate. For the purposes hereof, "Federal Funds Overnight Rate" means, for any day, an interest rate per annum equal to the rate published as the Federal Funds Effective Rate that appears on Telerate Page 118 for such day.

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