Conveyance of Assets; Creation of Trust Funds; REMIC Certificates Sample Clauses

Conveyance of Assets; Creation of Trust Funds; REMIC Certificates. MACR Certificates; Guaranteed Maturity Classes
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Related to Conveyance of Assets; Creation of Trust Funds; REMIC Certificates

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Termination of Trust Agreement Section 9.01.

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