Distributions on Certificates. (a) On or before each Distribution Date for each Issue, the Trustee will calculate, or cause to be calculated, the related Distribution Amount for such Issue; provided that, in calculating or causing to be calculated the amount to be distributed on any Distribution Date, the Trustee will make any adjustments as are necessary to reconcile prior payments made in error. On or before the Distribution Date, the Trustee will notify the Paying Agent, or cause the Paying Agent to be notified, of the Distribution Amount for each Issue for that Distribution Date.
Appears in 6 contracts
Samples: Federal National Mortgage Association, Supers Master Trust Agreement, Federal National Mortgage Association
