Certificate Insurance Policy; Enhancement Payments. (a) The parties hereto acknowledge that the Insurer has provided the Certificate Insurance Policy in order to provide the Class A Certificateholders with a source of funds to enhance the likelihood of the receipt by such Certificateholders on each Distribution Date of the aggregate amount distributable pursuant to Section 5.02(a)(i)-(ii) with respect to such Distribution Date.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp), Pooling and Servicing Agreement (Greenpoint Financial Corp)
Certificate Insurance Policy; Enhancement Payments. (a) The parties hereto acknowledge that the Insurer has provided the Certificate Insurance Policy in order to provide the Class I A and Class II A Certificateholders with a source of funds to enhance the likelihood of the receipt by such Certificateholders on each Distribution Date of the aggregate amount distributable pursuant to Section 5.02(a)(i)-(ii5.02(a)(A)(i)-(ii) and 5.02(a)(B)(i)-(ii) with respect to such Distribution DateDate .
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenpoint Credit Corp)
Certificate Insurance Policy; Enhancement Payments. (a) The parties hereto acknowledge that the Insurer has provided the Certificate Insurance Policy in order to provide the Class A Certificateholders with a source of funds to enhance the likelihood of the receipt by such Certificateholders on each Distribution Date of the aggregate amount distributable pursuant to Section 5.02(a)(i)-(ii5.02(a)(A)(i)-(ii) and 5.02(a)(B)(i)-(ii) with respect to such Distribution Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp)
