Common use of Cap Payments Clause in Contracts

Cap Payments. On each Distribution Date, the Trust Administrator shall withdraw the Cap Payment from funds on deposit in the Cap Reserve Fund and shall distribute such amount as follows:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Mortgage Asset Securitization Transactions Inc), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2006-1), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2006-1)

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Cap Payments. On each Distribution Date, the Trust Administrator shall withdraw the Cap Payment from funds on deposit in the Cap Reserve Fund and shall distribute such amount to the Class 1-A-13 Certificates as follows:interest on such Class.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MASTR Asset Securitization Trust 2006-1), Pooling and Servicing Agreement (MASTR Asset Securitization Trust 2006-1)

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