Common use of Distributions of Interest Funds Clause in Contracts

Distributions of Interest Funds. On each Distribution Date, the Interest Funds for such Distribution Date shall be allocated by the Trustee from the Distribution Account in the following order of priority:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-Oc2), Pooling and Servicing Agreement (Alternative Loan Trust 2006-Oc1)

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Distributions of Interest Funds. On each Distribution Date, the Interest Funds for such Distribution Date shall be allocated by the Trustee from the Distribution Account in the following order order: (1) from Interest Funds for each Loan Group, concurrently, to each related Class of prioritySenior Certificates, Current Interest and Interest Carry Forward Amount, pro rata based on their respective entitlements; (2) from Interest Funds for all of the Loan Groups, in the following order:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy3)

Distributions of Interest Funds. On each Distribution Date, the Interest Funds for each Loan Group for such Distribution Date shall be allocated by the Trustee from the Distribution Account in the following order of priority, until such Interest Funds have been fully distributed:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2006-Ar14)

Distributions of Interest Funds. On each Distribution Date, the aggregate Interest Funds for such Distribution Date shall be allocated by the Trustee from the Distribution Account in the following order of priority, until such Interest Funds have been fully distributed:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx5)

Distributions of Interest Funds. On each Distribution Date, the Interest Funds for such Distribution Date shall be allocated distributed by the Trustee from the Distribution Account in the following order of priority:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2005-Ab3)

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Distributions of Interest Funds. On each Distribution Date, the Interest Funds for such Distribution Date with respect to each Loan Group shall be allocated by the Trustee from the Distribution Account in the following order of priority:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwabs Inc Asset Backed Certificates Series 2004-1)

Distributions of Interest Funds. On each Distribution Date, the Interest Funds for such Distribution Date shall be allocated distributed by the Trustee from the Distribution Account in the following order of priorityorder:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy7c)

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