Common use of Collection of Monies Clause in Contracts

Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Certificates on any Pooled Certificate Distribution Date, the Trustee shall review the related Pooled Certificate Distribution Date Information and shall confirm that the aggregate amount of such distribution received is consistent with the Pooled Certificate Distribution Date Information (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the Pooled Certificate Distribution Date Information).

Appears in 3 contracts

Samples: Pooling Agreement (Structured Asset Mortgage Investments II Trust 2005-F3), Pooling Agreement (Structured Asset Mortgage Investments Ii Trust 2005-F1), Pooling Agreement (Structured Asset Mortgage Investments II Trust 2005-F2)

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Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Certificates on any Pooled Certificate Distribution Date, Date (or such later date on which the Trustee shall review receive the related Pooled Certificate Distribution Date Information Statement), the Trustee shall review each related Pooled Certificate Distribution Date Statement and shall confirm that the aggregate amount of such distribution received is consistent with the Pooled Certificate Distribution Date Information information contained therein (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the Pooled Certificate Distribution Date Informationinformation set forth on such statements).

Appears in 3 contracts

Samples: Pooling Agreement (Bear Stearns Mortgage Securities Inc), Pooling Agreement (Bear Stearns Mortgage Securities Inc), Pooling Agreement (Bear Stearns Mortgage Securities Inc)

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Collection of Monies. (a) In connection with its receipt of any distribution on the Pooled Certificates on any Pooled Certificate Distribution DateDate (or such later date on which the Trustee shall receive the related Pooled Certificate Distribution Date Information), the Trustee shall review the related Pooled Certificate Distribution Date Information and shall confirm that the aggregate amount of such distribution received by the Trustee is consistent with the Pooled Certificate Distribution Date Information such information (it being understood that the Trustee shall be entitled to rely on the accuracy and correctness of the Pooled Certificate Distribution Date Informationsuch information).

Appears in 1 contract

Samples: Pooling Agreement (Fund America Investors Corp Ii)

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