Distributions of Basis Risk Carryforward. Because it is intended for each Payment Date that any distributions of Basis Risk Carryforward be made first from either the initial $1,000 deposit to the Basis Risk Carryforward Reserve Fund or from moneys deposited in the Basis Risk Carryforward Reserve Fund on prior Payment Dates and second from any moneys deposited in the Basis Risk Carryforward Reserve Fund on such Payment Date, on each Payment Date, any amounts in the Basis Risk Carryforward Reserve Fund shall be distributed by the Indenture Trustee as follows:
(i) first, to the Principal Amount Notes, the lesser of
(A) the amount available in the Basis Risk Carryforward Reserve Fund from any prior Payment Dates (and with respect to the first Payment Date the $1,000 on deposit therein), and
(B) the aggregate Basis Risk Carryforward with respect to the Principal Amount Notes for that Payment Date after payment of any Cap Payment Entitlement under Section 8.08, and
(ii) second, from amounts deposited on that Payment Date in the Basis Risk Carryforward Reserve Fund for that purpose under Section 8.03(a)(ix), to the Principal Amount Notes, up to the remaining amount of Basis Risk Carryforward.
Distributions of Basis Risk Carryforward. On each Payment Date, any amounts in the Basis Risk Carryforward Reserve Fund shall be distributed by the Indenture Trustee as follows:
(i) first, on the initial Payment Date, to the Classes of Principal Amount Notes, pro rate based on their entitlement for Basis Risk Carryforward for that Payment Date, the lesser of
(A) the amount available in the Basis Risk Carryforward Reserve Fund from any prior Payment Dates (and with respect to the first Payment Date the $5,000 on deposit therein), and
(B) the aggregate Basis Risk Carryforward with respect to the Principal Amount Notes for that Payment Date, and
(ii) second, from amounts deposited on that Payment Date in the Basis Risk Carryforward Reserve Fund for that purpose under Section 8.03(a)(xv), to the Principal Amount Notes, pro rata based on their remaining entitlement for Basis Risk Carryforward for that Payment Date, up to the remaining amount of Basis Risk Carryforward of each such Class.
Distributions of Basis Risk Carryforward. Because it is intended for each Payment Date that any distributions of Basis Risk Carryforward be made first from either the initial $1,000 deposit to the Basis Risk Carryforward Reserve Fund or from moneys deposited in the Basis Risk Carryforward Reserve Fund on prior Payment Dates and second from any moneys deposited in the Basis Risk Carryforward Reserve Fund on such Payment Date, on each Payment Date, any amounts in the Basis Risk Carryforward Reserve Fund shall be distributed by the Indenture Trustee as follows:
(i) first, to the Classes of Principal Amount Notes, pro rata based on their entitlement for Basis Risk Carryforward for that Payment Date, the lesser of
(A) the amount available in the Basis Risk Carryforward Reserve Fund from any prior Payment Dates (and with respect to the first Payment Date the $1,000 on deposit therein), and
(B) the aggregate Basis Risk Carryforward with respect to the Principal Amount Notes for that Payment Date after payment of any Cap Payment Entitlement under Section 8.08, and
(ii) second, from amounts deposited on that Payment Date in the Basis Risk Carryforward Reserve Fund for that purpose under Section 8.03(a)(xii), to the Principal Amount Notes, pro rata based on their remaining entitlement for Basis Risk Carryforward for that Payment Date, up to the remaining amount of Basis Risk Carryforward of each such Class.
Distributions of Basis Risk Carryforward. On each Payment Date, any amounts in the Basis Risk Carryforward Reserve Fund shall be distributed by the Indenture Trustee as follows:
(i) first, to the Classes of Principal Amount Notes, on a pro rata basis, first based on the Note Principal Balances of each Class to which any Basis Risk Carryforward is owed and second pro rata based on the amount of the remaining unpaid Basis Risk Carryforward, the lesser of
(A) the amount available in the Basis Risk Carryforward Reserve Fund from any prior Payment Dates (and with respect to the first Payment Date the $5,000 on deposit therein), and
(B) the aggregate Basis Risk Carryforward with respect to the Principal Amount Notes for that Payment Date; and
(ii) second, from amounts deposited on that Payment Date in the Basis Risk Carryforward Reserve Fund for that purpose under Section 8.03(c)(iv), concurrently, to the Principal Amount Notes on a pro rata basis, first based on the Note Principal Balances of each Class to which any Basis Risk Carryforward is owed and second pro rata based on the amount of the remaining unpaid Basis Risk Carryforward, up to the remaining amount of Basis Risk Carryforward of each such Class.
Distributions of Basis Risk Carryforward. On each Payment Date, any amounts in the Basis Risk Carryforward Reserve Fund shall be distributed by the Indenture Trustee as follows:
(i) on the initial Payment Date, to the Classes of Principal Amount Notes, on a pro rata basis, first based on the principal balances of each class to which any Basis Risk Carryforward is owed and second pro rata based on the amount of the remaining unpaid Basis Risk Carryforward, the lesser of $[5,000] and the aggregate Basis Risk Carryforward with respect to the Principal Amount Notes for that Payment Date;
(ii) concurrently, to the Principal Amount Notes on a pro rata basis, first based on the principal balances of each class to which any Basis Risk Carryforward is owed and second pro rata based on the amount of the remaining unpaid Basis Risk Carryforward, in an amount up to the Class' Basis Risk Carryforward remaining unpaid for the Payment Date after payment pursuant to Section 8.03(c)(iv).
Distributions of Basis Risk Carryforward. On each Payment Date the Indenture Trustee shall distribute to the Principal Amount Notes, pro rata based on their entitlement for Basis Risk Carryforward, the lesser of the amount available in the Basis Risk Carryforward Reserve Fund (taking into account any additions on that Payment Date) and the aggregate Basis Risk Carryforward due with respect to the Principal Amount Notes.
