Common use of Distributions from the Distribution Account Clause in Contracts

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l) and (m), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A Certificates and the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator from the Distribution Account allocated among the Classes of Senior Certificates, Components related to such Classes and Subordinate Certificates in the following order of priority:

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2004-9), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2004-7), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2005-2)

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Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l5.02(g) and (m5.02(h), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A Certificates and the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator Trustee from the Distribution Account and allocated among the Classes classes of Senior Certificates, Components related to such Classes Certificates and Subordinate Certificates in the following order of priority:

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2004-C), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series MLCC 2004-F)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (lk) and (ml), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A X-1 and Class X-2 Certificates and the Senior Certificates other than the Class X-B X Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator from the Distribution Account allocated among the Classes of Senior Certificates, Components related to such Classes and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 Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Residential Funding Inc)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l5.02(h) and (m5.02(i), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A A-1 and Class X-A-2 Certificates and the Senior Certificates other than the Class X-B X Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator Trustee from the Distribution Account and allocated among the Classes classes of Senior Certificates, Components related to such Classes Certificates and Subordinate Certificates in the following order of priority:

Appears in 3 contracts

Samples: Custodial Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2003-G), Custodial Agreement (Merrill Lynch Mortgage Investors Inc), Custodial Agreement (Merrill Lynch Mort Inv Inc Mo Pass THR Ce Se MLCC 2003f)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l5.02(g) and (m5.02(h), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A Certificates and the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator Trustee from the Distribution Account 59 and allocated among the Classes classes of Senior Certificates, Components related to such Classes Certificates and Subordinate Certificates in the following order of priority:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2004-G), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2005-B), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series MLCC 2005-A)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l) and (m), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A A1 Certificates and the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator from the Distribution Account allocated among the Classes of Senior Certificates, Components related to such Classes and Subordinate Certificates in the following order of priority:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2004-11)

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Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l5.02(h) and (m5.02(i), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A A-1 and Class X-A-2 Certificates and the Senior Certificates other than the Class X-B X Certificates) and the both Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator Trustee from the Distribution Account and allocated among the Classes classes of Senior Certificates, Components related to such Classes Certificates and Subordinate Certificates in the following order of priority:

Appears in 1 contract

Samples: Custodial Agreement (Merrill Lynch Mortgage Investors Inc)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l) and (m), on each Distribution Date, the Available Distribution Amount for the related Mortgage Asset Pool (in the case of the Components of the Class X-A A1 Certificates and the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools Pool 1 and Pool 2 in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator from the Distribution Account allocated among the Classes of Senior Certificates, Components related to such Classes and Subordinate Certificates in the following order of priority:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2004-12)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(b), (c), (l5.02(h) and (m5.02(i), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool (in the case of the Components of the Class X-A A-1 and Class X-A-2 Certificates and the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Securities Administrator Trustee from the Distribution Account and allocated among the Classes classes of Senior Certificates, Components related to such Classes Certificates and Subordinate Certificates in the following order of priority:

Appears in 1 contract

Samples: Custodial Agreement (Merrill Lynch Mortgage Investors Inc)

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