Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Prime Mortgage Trust 2007-3)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007January 2006, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrilll Lynch Mortgage Investors Trust, Series 2005-A10), Pooling and Servicing Agreement (Merrilll Lynch Mortgage Investors Trust, Series 2005-A10)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on Date, commencing in [ ], 200[ ], in an aggregate amount equal to the Certificates Distribution Report Available Funds for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Gs Mortgage Securities Corp), Pooling and Servicing Agreement (Gs Mortgage Securities Corp)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Residual Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007January 2005, in an amount equal to the related Available Funds on deposit in the Distribution Account and, in the case of Loan Group I, Loan Group II and Loan Group III, the Pre-Funding Account to the extent of funds on deposit therein, for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns ARM Trust, Series 2005-1), Pooling and Servicing Agreement (Bear Stearns ARM Trust 2004-12)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007July 2005, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A5), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A5)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007November 2005, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investor Trust Series MLCC 2005-3), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investor Trust Series MLCC 2005-3)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Interest Only Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007March 2003, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Structured Asset Mort Invest Inc Mort Pas THR Certs Ser 03 1), Pooling and Servicing Agreement (Structured Asset Mort Invest Inc Mort Pas THR Certs Ser 03 1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Paying Agent monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee Securities Administrator pursuant to 6.05 hereof, commencing in September 2007October 2005, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2005-4), Pooling and Servicing Agreement (Prime Mortgage Trust 2005-4)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007August 2004, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust, Mortgage Pass-Through Certificates, Series 2004-1), Pooling and Servicing Agreement (Charlie Mac Trust 2004-1, Mortgage Pass-Through Certificates, Series 2004-1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on Date, commencing in July 1997 in an aggregate amount equal to the Certificates Distribution Report Available Funds for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Icifc Secured Assets Corp)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007October 2005, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A7)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007June 2006, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A3)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Residual Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007July 2005, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns ARM Trust 2005-4)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007December 2002, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Inc Bear Stearns Arm Trust 2002-11)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007June 2005, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Assignment Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-A4)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September April 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2007-1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007April 2006, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-A1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September May 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2007-2)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September June 2007, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Af1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007November 2004, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2004-2)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 20072004, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Mlmi Series 2004-A3)
Distributions on the Certificates. (a) Interest and principal (as applicable) principal on the Certificates (other than the Residual Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007July 2005, in an aggregate amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each the first Distribution Date, an amount equal to the related Available Funds on deposit in the Distribution Account Deposit Amount shall be distributed as follows:to the Residual Certificates, pro rata, in reduction of their Current Principal Amounts, until their respective Current Principal Amounts are reduced to zero.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments II Trust 2005-Ar3)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September April 2007, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Residual Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007August 2005, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on Date, commencing in October 1996, in an aggregate amount equal to the Certificates Distribution Report Available Funds for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Securities Inc)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007August 2006, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-A4)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007November 2004, as instructed by the Master Servicer or the Securities Administrator, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mort Inv Inc MLMI Series 2004-A4)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Paying Agent monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee Securities Administrator pursuant to 6.05 hereof, commencing in September 2007June 2006, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows: On each Distribution Date, the Available Funds will be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2006-1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on Date, commencing in April 1997 in an aggregate amount equal to the Certificates Distribution Report Available Funds for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Icifc Secured Assets Corp)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Interest Only Certificates with respect to principal distributions) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007October 2003, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mort Inv Inc Mort Pas THR Certs Ser 2003-3)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007October 2006, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September August 2007, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3)
Distributions on the Certificates. (a) Interest and principal (as applicable) principal on the Certificates (other than the Residual Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007August 2005, in an aggregate amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each the first Distribution Date, an amount equal to the related Available Funds on deposit in the Distribution Account Deposit Amount shall be distributed as follows:to the Residual Certificates, pro rata, in reduction of their Current Principal Amounts, until their respective Current Principal Amounts are reduced to zero.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments II 2005-Ar4)
Distributions on the Certificates. (aa)(i) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007, in an amount equal to the related Available Funds on deposit in the Distribution Account and the Pre-Funding Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Bear Stearns ALT-A Trust II 2007-1)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007May 2005, in an amount equal to the related Available Funds on deposit in the Distribution Account to the extent of funds on deposit therein, for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Arm Trust 2005-3)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee Securities Administrator monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September November 2007, as instructed by the Master Servicer, in an aggregate amount equal to the related sum of the Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar5)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereof, commencing in September 2007December 2006, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2)
Distributions on the Certificates. (a) Interest and principal (as applicable) on the Certificates (other than the Interest Only Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDDate, commencing in September 2007June 2003, in an amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each Distribution Date, the related Available Funds on deposit in the Distribution Account shall be distributed as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Arm Trust 2003-4)
Distributions on the Certificates. (a) Interest and principal (as applicable) principal on the Certificates (other than the Residual Certificates) will be distributed by the Trustee monthly on each Distribution Date based on the Certificates Distribution Report for such Distribution Date furnished by the Trustee pursuant to 6.05 hereofDate, commencing in September 2007June 2005, in an aggregate amount equal to the related Available Funds on deposit in the Distribution Account for such Distribution Date. On each the first Distribution Date, an amount equal to the related Available Funds on deposit in the Distribution Account Deposit Amount shall be distributed as follows:to the Residual Certificates, pro rata, in reduction of their Current Principal Amounts, until their respective Current Principal Amounts are reduced to zero.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments II Trust 2005-Ar2)
