Distribution Date Statement. On each Distribution Date, the Securities Administrator shall prepare a statement as to such distribution (the “Distribution Statement”), based substantially on information provided by the Servicers in the related Remittance Reports, and on each Distribution Date, such statement will be made available at a website located at xxxx://xxx.xxxxxxxx.xxx/sfr to the Depositor and each Certificateholder, setting forth:
(i) the class factor for each Class of Certificates;
(ii) the aggregate Scheduled Principal Balance of each Pool and/or Group of Mortgage Loans;
(iii) the Available Distribution Amount, the Aggregate Principal Distribution Amount and the Principal Prepayment Amount for such Distribution Date;
(iv) [Reserved];
(v) the amount of such distribution to the Holders of Certificates of such Class to be applied to reduce the Certificate Balance thereof, separately identifying the amounts, if any, of any Payoffs, Principal Prepayments made by the Mortgagor, Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds;
(vi) the amount of such distribution to the Holders of Certificates of such Class allocable to interest, and the Certificate Rate applicable to each Class (separately identifying (i) the amount of such interest accrued during the calendar month preceding the month of such Distribution Date, and (ii) the amount of interest from previous calendar months;
(vii) the aggregate amount of the Servicing Fees and the Master Servicing Fee paid as required under the Servicing Agreements and the Trust Agreement and any other fees or expenses paid out of the Available Distribution Amount for such Distribution Date as permitted hereunder;
(viii) if applicable, the aggregate amount of outstanding Monthly Advances and Xxxxxxxxx Advances included in such distribution, the aggregate amount of Monthly Advances reimbursed during the calendar month preceding the Distribution Date and the aggregate amount of unreimbursed Monthly Advances and Xxxxxxxxx Advances at the close of business on such Distribution Date;
(ix) if applicable, the aggregate amount of outstanding Monthly Advances included in such distribution, and the aggregate amount of Monthly Advances reimbursed to the Master Servicer or Securities Administrator during the calendar month preceding the Distribution Date;
(x) [Reserved];
(xi) the number and aggregate Scheduled Principal Balance of the Mortgage Loans outstanding as of the last Business Day of the calendar month preceding such Distribution Date;...
Distribution Date Statement. With each distribution to an Owner pursuant to Section 7.06, the Owner Trustee shall deliver a Distribution Date Statement setting forth, for the period since the preceding Distribution Date:
(a) Income and proceeds received by the Owner Trustee with respect to the Trust Property;
(b) Amounts paid to the Owner Trustee;
(c) Amounts paid to any Person pursuant to a Trust Related Agreement; and
(d) Amounts paid for other expenses of the Trust.
Distribution Date Statement. No later than 2:00 p.m., New York City time, on each Servicer Report Date, the Servicer shall deliver to the Administrative/Collateral Agent and the Backup Servicer a Distribution Date Statement executed by a Responsible Officer of the Servicer. The parties hereto acknowledge that the basis for calculating Yield on the Advances may change between the date the Servicer delivers a Distribution Date Statement and the related Distribution Date and that the amount the Servicer sets forth in a Distribution Date Statement as Yield accrued on the Advances as of the related Distribution Date is its good faith estimate of such Yield; in the event of any change in calculating Yield during such period of time, the parties agree to use reasonable efforts to revise the Distribution Date Statement on or prior to such Distribution Date to reflect such changes, provided that if such revisions are not made by such time, then appropriate corrections shall be made on the next Distribution Date.
Distribution Date Statement. No later than 1:00 p.m., Menlo Park, California time, on each Collateral Manager Report Date, the Collateral Manager shall deliver to the Facility Agent, the Paying Agent and the Backup Collateral Manager a Distribution Date Statement executed by a Responsible Officer of the Collateral Manager, including information on delinquencies and extensions of Transferred Contracts.
Distribution Date Statement. The calculations set forth in the Distribution Date Statement to be delivered for April, 2003 shall be determined after giving effect to the amendments set forth in this Amendment.
Distribution Date Statement. Within two Business Days after each Distribution Date, the Trustee shall send to each Certificateholder a copy of a monthly report prepared by the Administrator in the form of Exhibit C by first-class mail, postage prepaid, to the address of such Certificateholder that is indicated in the Certificate Register.
Distribution Date Statement. Unless otherwise instructed in writing by the Administrator or the Majority Owners, with each Distribution to an Owner pursuant to Section 5.02, the Trustee shall deliver a “Distribution Date Statement” setting forth, for the period since the preceding Distribution Date (or in the case of the initial Distribution Date, since the formation of the Trust):
(a) Income and proceeds received by the Trustee with respect to the Trust Property (other than Recoveries);
(b) Amounts paid to the Trustee and the Resident Trustee;
(c) Amounts paid to any Person pursuant to a Trust Related Agreement; and
(d) Amounts paid for other expenses of the Trust.
Distribution Date Statement. Not later than the second Business Day preceding a Distribution Date, the Trustee shall render to the Depositor an accounting which it shall make available to all Certificateholders. The Distribution Date Statement shall contain the following information with respect to the Mortgage Assets:
(i) For the GPM Fund:
(A) the balance in the GPM Fund immediately after the last Distribution Date;
(B) the net Reinvestment Income, if any, earned and to be earned from the last Distribution Date to the next succeeding Distribution Date on amounts in the GPM Fund;
(C) any withdrawals from the GPM Fund during the period since the Distribution Date pursuant to any Special Distributions;
(D) any withdrawals from the GPM Fund during the period from the last Distribution Date to the next succeeding Distribution Date based upon the Accountants' Certificate as described in Section 17.01(e);
(E) any balance in the GPM Fund, prior to any distributions therefrom, at the next succeeding Distribution Date as calculated in accordance with (i) through (iv) above;
(F) the required balance of the GPM Fund as of the next succeeding Distribution Date based on the principal balances of the Mortgage Assets as of the most recent Principal Determination Date;
(G) the amount by which the balance in the GPM Fund as calculated in (E) above will exceed the required balance as of the next succeeding Distribution Date as calculated in (F) above, if any;
(H) the amount of the greater of the GPM Shortfall or GPM Prepayment Shortfall, to be withdrawn from the GPM Fund and deposited into the Certificate Account on the next succeeding Distribution Date; and
(I) the sum of the amounts in (G) and (H) above, which must be transferred to the Certificate Account.
Distribution Date Statement. The statement delivered to the Certificateholders and the Class 2-A-2 Insurer pursuant to Section 4.04. Xxxxxx: Xxxxxx Savings and Loan Association, F.A., and its successors and assigns, in its capacity as Servicer of the Xxxxxx Mortgage Loans.
Distribution Date Statement. A. The Master Servicer shall, not later than each Distribution Date, furnish in writing to the MCA Companies and the Buyer a statement setting forth the following information with respect to the Accumulation Pool and each Securitized Loan Pool:
(i) the total amount of payments in respect of or allocable to interest on the Mortgage Loans received or deemed to have been received from the related Mortgagors by the Master Servicer during the prior calendar month (including any net income from REO Properties received during the prior calendar month);
(ii) the aggregate of all Principal Payments and Principal Prepayments received or deemed to have been received from the related Mortgagors by the Master Servicer during the prior calendar month;
(iii) the total amount of recoveries of delinquent principal and interest payments received during the prior calendar month;
(iv) the total amount of prepayment penalties received during the prior calendar month;
(v) the aggregate of any Net Insurance Proceeds received by the Master Servicer during the prior calendar month;
(vi) the aggregate of any Net Liquidation Proceeds received by the Master Servicer during the prior calendar month;
(vii) the total amount of Compensating Interest payments to be paid by the Master Servicer for such Distribution Date;
(viii) the aggregate Repurchase Prices for any Mortgage Loans which the MCA Companies are required to repurchase on or prior to such Distribution Date pursuant to Sections 5(b), 5(c), 6(b) or 8(c) hereof;
(ix) the aggregate amount of Advances made by the Master Servicer during or with respect to the prior calendar month;
