Common use of DISTRIBUTIONS IN REDUCTION OF THE Clause in Contracts

DISTRIBUTIONS IN REDUCTION OF THE. CLASS A-3 CERTIFICATES. Distributions in reduction of the Class A Principal Balance of the Class A-3 Certificates will be made in integral multiples of $1,000 at the request of the appropriate representatives of Deceased Holders of such Class and at the request of Living Holders of such Class or by mandatory distributions by random lot, pursuant to clauses (a) and (d) below, or on a pro rata basis pursuant to clause (f) below.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1998-32 Trust), Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1998-28 Trust), Special Servicing and Collateral Fund Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-17 Trust)

AutoNDA by SimpleDocs

DISTRIBUTIONS IN REDUCTION OF THE. CLASS A-3 A-2 CERTIFICATES. Distributions in reduction of the Class A Principal Balance of the Class A-3 A-2 Certificates will be made in integral multiples of $1,000 at the request of the appropriate representatives of Deceased Holders of such Class and at the request of Living Holders of such Class or by mandatory distributions by random lot, pursuant to clauses (a) and (d) below, or on a pro rata basis pursuant to clause (f) below.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Mortgage Pass Through Cert Series 1999-26), Pooling and Servicing Agreement (Mortgage Pass Through Cert Series 1999-26)

DISTRIBUTIONS IN REDUCTION OF THE. CLASS A-3 A-4 CERTIFICATES. Distributions in reduction of the Class A Principal Balance of the Class A-3 A-4 Certificates will be made in integral multiples of $1,000 at the request of the appropriate representatives of Deceased Holders of such Class and at the request of Living Holders of such Class or by mandatory distributions by random lot, pursuant to clauses (a) and (d) below, or on a pro rata basis pursuant to clause (f) below.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Sec Corp Mort Pass THR Cert Ser 2001-11)

AutoNDA by SimpleDocs

DISTRIBUTIONS IN REDUCTION OF THE. CLASS A-3 CERTIFICATES. Distributions in reduction of the Class A Principal Balance of the Class A-3 Certificates will be made in integral multiples of $1,000 at the request of the appropriate representatives of Deceased Holders of such Class and at the request of Living Holders of such Class or by mandatory distributions by random lot, pursuant to clauses (a) and (d) below, or on a pro rata basis pursuant to clause (f) below.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Sec Corp Mort Pass THR Cert Ser 2000-2)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!