Conditions to Payment. The respective obligations of the parties to make any Payments under Article II with respect to any Remittance Date will be subject to the following conditions precedent: (a) the Monthly Reference Pool File for the related Payment Date has been delivered to the Indenture Trustee in accordance with the terms of the Indenture; (b) the CAA Termination Date has not occurred as of any prior Payment Date; and (c) each of Xxxxxx Mae and the Issuer has received a Payment Notification pursuant to Section 3.02(a).
Appears in 12 contracts
Samples: Collateral Administration Agreement, Collateral Administration Agreement, Collateral Administration Agreement
Conditions to Payment. The respective obligations of the parties to make any Payments under Article II with respect to any Remittance Date will be subject to the following conditions precedent:
(a) the Monthly Reference Pool File for the related Payment Date has been delivered to the Indenture Trustee in accordance with the terms of the Indenture;
(b) the CAA Termination Date has not occurred as of any prior Payment Date; and
(c) each of Xxxxxx Mae Xxx and the Issuer has received a Payment Notification pursuant to Section 3.02(a).
Appears in 11 contracts
Samples: Collateral Administration Agreement, Collateral Administration Agreement, Collateral Administration Agreement
Conditions to Payment. The respective obligations of the parties to make any Payments under Article II with respect to any Remittance Date will be subject to the following conditions precedent:precedent:
(a) the Monthly Reference Pool File for the related Payment Date has been delivered to the Indenture Trustee in accordance with the terms of the Indenture;
(b) the CAA Termination Date has not occurred as of any prior Payment Date; and
(c) each of Xxxxxx Mae and the Issuer has received a Payment Notification pursuant to Section 3.02(a).
Appears in 3 contracts
Samples: Collateral Administration Agreement, Collateral Administration Agreement, Collateral Administration Agreement
