Common use of Distributions on Certificates Clause in Contracts

Distributions on Certificates. (a) On or before each Determination Date for each Series (or as soon thereafter as is reasonably practicable), the Trustee will calculate, or cause to be calculated, the Class Distribution Amount for each Class in such Series for the current calendar month. On or before each Distribution Date for each Series, the Trustee will withdraw and deliver to the applicable Paying Agent, or cause to be withdrawn and so delivered, funds from the related Certificate Account in the amount of the Class Distribution Amount for each Class in such Series (or if sufficient funds for a Trust are not then available in the related Certificate Account, as much as is available).

Distributions on Certificates. (a) On or before each Determination Date for each Series (or as soon thereafter as is reasonably practicable), the Trustee will calculate, or cause to be calculated, the Class Certificate Distribution Amount for each Class in such Series for the current calendar month. On or before each Distribution Date for each such Series, the Trustee will withdraw and deliver to the applicable Paying Agent, or cause to be withdrawn and so delivered, funds from the related Certificate Account in the amount of the Class Certificate Distribution Amount for each Class in such Series a Trust (or if sufficient funds for a Trust are not then available in the related Certificate Account, as much as is available).