Distributions from the Distribution Account. (a) Subject to Sections 5.02(b) and (c), on each Distribution Date, the Available Distribution Amount, to the extent received by the Securities Administrator, shall be withdrawn by the Paying Agent from funds in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate Certificates in the following order of priority:
Appears in 38 contracts
Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-6), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-7), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-7)
Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (h) and (ci), on each Distribution Date, the Available Distribution AmountAmount for the related Mortgage Pool (in the case of the Senior Certificates) and for the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates), to the extent received by the Securities Administrator, shall be withdrawn by the Paying Agent from funds in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate Certificates in the following order of priority:
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-1), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-1), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2012-1)
Distributions from the Distribution Account. (a) Subject to Sections 5.02(b5.02(h) and (ci), on each Distribution Date, the Available Distribution Amount, to Amount for the extent received by related Mortgage Pool (in the Securities Administrator, case of the Senior Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates) shall be withdrawn by the Paying Agent Securities Administrator from funds on deposit in the Distribution Account and allocated among the Classes classes of Senior Certificates and Subordinate Certificates in the following order of priority:
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Jp Morgan Mortgage Trust 2004-A1 Mort Pass Thru Certs), Pooling and Servicing Agreement (J P Morgan Acceptance Corp I), Pooling and Servicing Agreement (Jp Morgan Mortgage Trust 2003-A2)
Distributions from the Distribution Account. (a) Subject to Sections 5.02(b5.02(h) and (ci), on each Distribution Date, the Available Distribution Amount, to Amount for the extent received by related Mortgage Pool (in the Securities Administrator, case of the Senior Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates) shall be withdrawn by the Paying Agent Securities Administrator from funds on deposit in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate Certificates in the following order of priority:
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (J P Morgan Acceptance Corp I), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2004-A4), Pooling and Servicing Agreement (J P Morgan Acceptance Corp I)
Distributions from the Distribution Account. (a) Subject to Sections 5.02(b) and (c), on each Distribution Date, the Available Distribution Amount, to the extent received by the Securities Administrator, Amount shall be withdrawn by the Paying Agent Securities Administrator from funds in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate Certificates in the following order of priority:
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2005-3), Pooling and Servicing Agreement (Sequoia Residential Funding Inc)
Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (d) and (ch), on each Distribution Date, the Available Distribution Amount, to the extent received by the Securities Administrator, shall be withdrawn by the Paying Agent from funds in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate Certificates in the following order of priority, subject to the provisions regarding Exchangeable Certificates described below:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Residential Funding Inc)
Distributions from the Distribution Account. (a) Subject to Sections 5.02(b) and (c), on each Distribution Date, the Available Distribution Amount, to the extent received by the Securities TrusteeSecurities Administrator, shall be withdrawn by the Paying TrusteePaying Agent from funds in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate Certificates in the following order of priority:
Appears in 1 contract
