Common use of Distributions on REMIC I Regular Interests and REMIC II Regular Interests Clause in Contracts

Distributions on REMIC I Regular Interests and REMIC II Regular Interests. (a) On each Distribution Date, the Trustee shall be deemed to distribute to itself as the holder of the REMIC I Regular Interests, the following to the extent of the Available Distribution Amount reduced by distributions made to the Class R Certificateholders pursuant to Section 4.02(a): those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Gmacm Mortgage Loan Trust 2005-Ar5), Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2005-Aa1), Pooling and Servicing Agreement (Gmacm Mortgage Loan Trust 2005-Ar1)

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Distributions on REMIC I Regular Interests and REMIC II Regular Interests. (a) On each Distribution Date, the Trustee Securities Administrator shall be deemed to distribute to itself the Trustee as the holder of the REMIC I Regular Interests, the following to the extent of the Available Distribution Amount Funds reduced by distributions made to the Class R Certificateholders pursuant to Section 4.02(a6.01(a): those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (MortgageIT Trust 2005-Ar1), Pooling and Servicing Agreement (MortgageIT Trust 2005-Ar1), Pooling and Servicing Agreement (MortgageIT Trust 2005-Ar1)

Distributions on REMIC I Regular Interests and REMIC II Regular Interests. (a) On each Distribution Date, the Trustee shall be deemed to distribute to itself as the holder of the REMIC I Regular Interests, the following to the extent of the Available Distribution Amount Funds reduced by distributions made to the Class R Certificateholders pursuant to Section 4.02(a6.01(a): those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (GreenPoint MTA Trust 2005-Ar2), Pooling and Servicing Agreement (Structured Asset Mort Inv Ii Inc Bear Stearns Alt a Tr 04 9)

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Distributions on REMIC I Regular Interests and REMIC II Regular Interests. (a) On each Distribution Date, Date the Trustee shall be deemed to distribute to itself itself, as the holder of the REMIC I Regular Interests, the following to the extent of the Available Distribution Amount reduced by distributions made to the Class R Certificateholders pursuant to Section 4.02(a): those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amountthereof.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GMACM Mortgage Loan Trust 2006-Ar2)

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