Common use of Distributions from the Distribution Account Clause in Contracts

Distributions from the Distribution Account. (1) Subject to Sections 5.02(d), (i) and (j), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool, in the case of the Senior Certificates, and all the Mortgage Pools in the Aggregate Pool, in the case of the Subordinate Certificates, shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate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: (i) Concurrently, from the related Available Distribution Amount, to the payment of the Interest Distribution Amount and any Interest Shortfalls for each Class of Senior Certificates; (ii) Concurrently: (a) to the Class A-R, Class 1-A-2, Class 1-A-3, Class 1-A-4 and Class 1-A-5 Certificates, the Senior Principal Distribution Amount for Pool 1, in the following order of priority: (I) to the Class A-R Certificates, until its Class Principal Amount has been reduced to zero; (II) concurrently:

Distributions from the Distribution Account. (1) Subject to Sections 5.02(d5.02(c), (ih) and (ji), on each Distribution Date, the Available Distribution Amount for the related Mortgage Pool, in the case of the Senior Certificates, and all the Mortgage Pools in the Aggregate Pool, in the case of the Subordinate Certificates, shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Classes of Senior Certificates and Subordinate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: (i) Concurrently, from the related Available Distribution Amount, to the payment of the Interest Distribution Amount and any Interest Shortfalls for each Class of Senior Certificates; (ii) Concurrently: (a) to the Class A-R, Class 1-A-2, Class 1-A-3, A-3 and Class 1-A-4 and Class 1-A-5 Certificates, the Senior Principal Distribution Amount for Pool 1, in the following order of priority: (I) to the Class A-R Certificates, until its Class Principal Amount has been reduced to zero; (II) concurrently: