Common use of Calculation of Distribution Amounts Clause in Contracts

Calculation of Distribution Amounts. All calculations of Available Funds, the Interest Distribution Amount and amounts payable with respect to principal for any Distribution Date shall be performed by the Trustee in reliance on the information provided to it in the applicable Underlying Distribution Date Statement.

Appears in 3 contracts

Samples: Pooling Agreement (Bear Stearns Structured Products Inc. Trust 2008-R1), Pooling Agreement (Bear Stearns Structured Products Inc. Trust 2007-R8), Pooling Agreement (Bear Stearns Structured Products Inc. Trust 2007-R8)

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Calculation of Distribution Amounts. All calculations of Available Funds, the Interest Distribution Amount, the Reserve Account Distribution Amount and amounts payable with respect to principal for any Distribution Date shall be performed by the Grantor Trust Trustee in reliance on the information provided to it in the applicable Underlying Distribution Date StatementStatements.

Appears in 2 contracts

Samples: Grantor Trust Agreement (Bear Stearns Structured Products Inc. Trust 2007-R3), Grantor Trust Agreement (Bear Stearns Structured Products Inc. Trust 2007-R3)

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Calculation of Distribution Amounts. All calculations of Available Funds, the Interest Distribution Amount and amounts payable with respect to principal for any Distribution Date shall be performed by the Trustee Securities Administrator in reliance on the information provided to it in the applicable Underlying Distribution Date Statement.

Appears in 1 contract

Samples: Pooling Agreement (Bear Stearns ARM Trust 2006-3)

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