Common use of Distributions from the Distribution Account Clause in Contracts

Distributions from the Distribution Account. (a) Subject to Sections 5.02(i) and (j), on each Distribution Date, the Available Distribution Amount for Pool 1 shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Group 1 Certificates in the following order of priority with corresponding allocations to the related Lower-Tier Interests and Middle-Tier Interests:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2004-S1), Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2004-S2)

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Distributions from the Distribution Account. (a) Subject to Sections 5.02(i) and (jSection 5.02(c), on each Distribution Date, the Available Distribution Amount for Pool 1 and Pool 2 shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Group 1 Certificates in and the following order of priority with corresponding allocations to the related Lower-Tier Interests and Middle-Tier Interests:Group 2 Certificates, respectively, as set forth below.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2005-4)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(i5.02(e) and (jg), on each Distribution Date, the Available Distribution Amount for Pool 1 and Pool 2 shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Group 1 1A, Group 2A and Subordinate Certificates in the following order of priority with corresponding allocations to the related Lower-Tier Interests and Middle-Tier Interests:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2007-S3)

Distributions from the Distribution Account. (a) Subject to Sections 5.02(i5.02(g) and (jh), on each Distribution Date, the Available Distribution Amount for Pool 1 and Pool 2 shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Group 1 Certificates in the following order of priority with corresponding allocations to the related Lower-Tier Interests and Middle-Tier Interests:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2005-S1)

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Distributions from the Distribution Account. (a) Subject to Sections 5.02(i5.02(g) and (jh), on each Distribution Date, the Available Distribution Amount for Pool 1 1, Pool 2 and Pool 3 shall be withdrawn by the Securities Administrator from funds on deposit in the Distribution Account and allocated among the Group 1 Class 1A, Class 2A, Class 3A and Aggregate Pool I Subordinate Certificates in the following order of priority with corresponding allocations to the related Lower-Tier Interests and Middle-Tier Interests:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (J.P. Morgan Mortgage Trust 2005-S2)

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